The Federal Government has allayed fears that its ongoing drive to attract investments in the oil and gas sector will result in a significant rise in Africa’s contribution to global emissions. It emphasised that such investments will not dramatically impact the continent’s carbon footprint. It also reaffirmed its commitment to creating an enabling environment for Read More
The Nigerian Federal Government assures that oil and gas investments will not significantly increase Africa's contribution to global emissions. Special Adviser to the President on Energy, Olu Verheijen, stated Africa's emissions are minimal compared to major polluters like China and the US, and Nigeria is committed to policies that address climate risk and foster a stable investment climate. She also emphasized the need for greater regional integration to attract capital and enhance market efficiency.
