By Muhyideen Jimoh
President Bola Tinubu on Tuesday positioned Nigeria as a chief vacation spot for local weather and inexperienced power funding, unveiling sweeping reforms on the 2026 Abu Dhabi Sustainability Week (ADSW).
Tinubu spoke throughout a high-level session of the summit in Abu Dhabi, attended by international leaders, buyers, policymakers and improvement companions.
He thanked the organisers and the United Arab Emirates for convening the worldwide platform, describing ADSW as important to shaping the way forward for sustainable improvement.
He mentioned, “The theme of this yr’s summit underscores the urgency and integration required to drive sustainable transitions throughout finance, know-how, power and human capital.”
Tinubu mentioned local weather motion should now be built-in with financial progress, well being, meals safety and power governance throughout nations.
He added, “At this defining second in historical past, Nigeria stands with the worldwide neighborhood, aligning local weather motion with power entry, financial progress, job creation and social inclusion.”
Tinubu burdened that sustainability requires all methods to maneuver collectively, together with coverage, finance, infrastructure, nature and human capital.
He mentioned, “Local weather motion should succeed and develop. Growing international locations require equitable local weather finance, accessible applied sciences and strong capability constructing.”
The president mentioned Nigeria had taken concrete regulatory steps to strengthen local weather governance and investor confidence.
He mentioned the federal government adopted the Nationwide Carbon Market Activation Coverage and launched a Nationwide Carbon Registry to enhance emissions reporting and verification.
Tinubu mentioned Nigeria was modernising its power structure to translate local weather ambition into measurable affect.
He added, “The Electrical energy Act of 2023 now gives for decentralised and inclusive power supply.”
He mentioned the reforms have been increasing entry to sustainable energy for rural communities, off-grid well being amenities, faculties, markets and underserved populations.
Tinubu mentioned the nation was deploying superior applied sciences to enhance effectivity and speed up clear power supply nationwide.
The president added, “The adoption of synthetic intelligence to optimise effectivity is now not a future idea.”
He mentioned Nigeria was actively searching for partnerships that promote know-how switch, innovation and information trade.
The president mentioned local weather and inexperienced industrialisation investments have been central to Nigeria’s improvement technique.
He disclosed that Nigeria had launched a local weather and inexperienced industrialisation funding framework to unlock as much as 30 billion {dollars} yearly in local weather finance.
Tinubu mentioned Nigeria was deepening entry to inexperienced finance by way of a number of funding platforms.
“Our local weather funding platform targets 500 million {dollars} for climate-resilient infrastructure,” the president added.
He mentioned Nigeria’s nationwide local weather platform aimed to help two billion {dollars} in capital investments, stating that Nigeria’s inexperienced bond programme demonstrated robust international investor confidence.
Based on him, Nigeria’s sovereign inexperienced bond had attracted vital oversubscription from worldwide buyers.
The president mentioned Nigeria’s Vitality Transition Plan integrates local weather mitigation, industrial progress and social improvement into one framework.
He mentioned the plan focused net-zero emissions whereas delivering common power entry and financial growth.
Tinubu mentioned pilot electrical mobility tasks and nationwide power effectivity programmes have been already underway.
He mentioned, “Nation-building requires laborious work, sacrifice and targeted management.”
Tinubu mentioned Nigeria’s reforms signalled readiness to work with international companions to drive sustainable improvement outcomes.
“As your accomplice, Nigeria is open for funding, collaboration and shared prosperity,” he mentioned. (NAN)(www.nannews.ng)
Edited by Bashir Rabe Mani
