The Federal Government, under the leadership of President Bola Ahmed Tinubu, has inaugurated a high-level technical team to develop Nigeria’s first-ever National Carbon Budget. This strategic move aims to advance the country’s climate commitments and low carbon development goals.

The initiative is part of President Tinubu’s broader vision to position Nigeria as a regional leader in climate governance while balancing environmental sustainability with economic growth. The carbon budget will define emission limits for various sectors and guide long-term planning for Nigeria’s transition to a green economy.

Experts believe this groundbreaking effort will enhance transparency, attract green investment, and solidify Nigeria’s role in global climate negotiations, all while reinforcing the pillars of the Renewed Hope Agenda.