Crime
Nigeria Targets $25 billion Climate Finance by 2030
Nigeria Targets $25 billion Climate Finance by 2030
By: Michael Mike
The federal government is targeting about $25 billion in climate finance by 2030 as part of its economy-wide climate governance.
Addressing a press conference at the weekend, Director-General of the National Council on Climate Change (NCCC), Mrs. Omotenioye Majekodunmi while revealing the target, said that the Nigeria’s Carbon Market Framework has been finalized and will be submitted to Federal Executive Council (FEC) for approval.
Majekodunmi said the recently submitted Nationally Determined Contribution (NDC3.0) is different from the previous ones in many ways as It departs from the “business-as-usual” approach to an absolute economy-wide emission reduction, representing our highest ambition level to date, noting that the targets are better defined and will be supported by an investment plan to accelerate implementation.
She said Nigeria has set a 32.2% increase in emission reduction compared to the 2018 baseline and significantly increases mitigation and adaptation ambitions with clearer targets compared to NDC2.0.
She explained that the NDC3.0 aims to lower the deforestation rate by 60%, which offers substantial mitigation potential of 304.8 MtCO2eq., and it seeks to increase the adoption and use of cleaner energy systems by increasing captive generation capacity using cleaner fuels, installing 7 GW (50% renewable and 50% natural gas) as part of a practical “Energy Mix Plan” on our journey to net-zero by 2060.
Majekodunmi said: “For the first time, “Health” and “Action for Climate Empowerment” have been included as priority sectors in our NDC3.0, demonstrating our commitment to economy-wide climate governance.”
She said to deliver on these commitments, Nigeria is mobilizing $20-25 billion in climate finance by 2030, including green bonds, blended finance, and public-private risk-sharing mechanisms, noting that: “We aim to unlock at least $7-10 billion in grants and concessional finance from global partners while promoting technology transfer.”
The NCCC Director General on plans for the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) (COP30) holding in Belém, Brazil from November 10-21, 2025,
disclosed that: “We have launched an electronic portal for registration of MDAs, private sector entities that wish to organize side events in the Nigerian pavilion to drive visibility and amplify our ambition as a country.
“We’re using digital tools to limit paper use and reduce our carbon footprint. By doing so, the government is leading by example.
Participants can apply and submit all their information online.”
She also disclosed that: “We have recently launched a robust Monitoring, Reporting, and Verification (MRV) system aligned with global best practices to track progress annually.
“The MRV system supports transparency and accountability in measuring and reporting our sectoral climate actions. This will boost trust among investors and funding partners and, most importantly, help attract necessary climate finance to support our development aspirations and meet our climate obligations.
“The MRV system is an important requirement for generating high-integrity and attractive carbon credits in Nigeria.”
Nigeria Targets $25 billion Climate Finance by 2030
Troops arrest two suspected terrorist collaborators in Pulka
By: Zagazola Makama
Troops of Operation Hadin Kai have arrested two suspected collaborators of the Islamic State West Africa Province and Boko Haram in Pulka, Gwoza Local Government Area of Borno.
Security sources said the suspects were apprehended at about 12:00 p.m. on March 30 by troops of 403 Amphibious Brigade in conjunction with members of the Civilian Joint Task Force (CJTF).
According to the sources, the suspects were intercepted while allegedly attempting to transport a woman to a suspected terrorist hideout around the Dumba general area.
“The suspects were arrested during a routine security operation, and preliminary findings suggest they were aiding terrorist activities,” the source said.
Items recovered from the suspects include two mobile phones, two power banks and other sundry materials.
The sources added that the suspects are currently in custody and undergoing further investigation.
Troops arrest two suspected terrorist collaborators in Pulka
Troops arrest two suspected IPOB/ESN members in anambra
By: Zagazola Makama
Troops under Operation UDO KA have arrested two suspected members of the proscribed Indigenous People of Biafra and its armed wing, Eastern Security Network, during separate sting operations in Anambra State.
Security sources said the first arrest was carried out at about 1:00 p.m. on March 31 at Ihiala checkpoint by troops of Sector 5, working with a tracking team and aerial surveillance support.
According to the sources, the suspect, a native of Oraifite in Ekwusigo Local Government Area, was intercepted during the operation following intelligence reports.
Preliminary investigations allegedly revealed that the suspect served as a nurse responsible for providing medical attention to operatives in a suspected camp located in Umunze, Orumba South Local Government Area.
The sources said items recovered from the suspect include two mobile phones, a handbag containing drugs, jewellery and a phone charger.
In a related development, troops at Umunze checkpoint, also acting on intelligence, arrested another suspect identified as a native of Ogbunka in Orumba South LGA.
The sources said the second suspect allegedly confessed to being a member of the proscribed group during preliminary interrogation.
They added that both suspects are currently in custody and undergoing further investigation, while recovered items remain exhibits for further action.
Troops arrest two suspected IPOB/ESN members in anambra
Troops sustain offensive operations in Anambra
By: Zagazola Makama
Troops have continued offensive operations in Ihiala Local Government Area of Anambra State as part of ongoing efforts to dislodge suspected members of the proscribed Indigenous People of Biafra and its armed wing, Eastern Security Network.
Security sources said the operation, conducted by troops of 302 Artillery Regiment (General Support) and 14 Field Engineer Regiment, has been ongoing for three days in Ubaha community, Isseke area of Ihiala LGA.
According to the sources, the troops encountered improvised explosive device (IED) attacks during the operation but recorded no casualties.
The sources added that troops have continued to maintain blocking positions at identified crossing points within the general area believed to be used by the suspected armed group.
They said the operation is still ongoing as security forces intensify efforts to clear the area of criminal elements and restore normalcy.
Troops sustain offensive operations in Anambra
Plateau crisis escalates as curfew, reprisals and rhetoric intensify tensions
Troops arrest two suspected terrorist collaborators in Pulka
Troops rescue three abducted victims, recover ammunition in Borno
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