Nigeria earns €1 million from sale of carbon credits

Nigeria earns €1 million from sale of carbon credits

Bala Wunti, Group General Manager, National Petroleum Investment Management Services (NAPIMS) says Nigeria has earned over one million euros from sale of carbon credits through its partnership with TotalEnergies.

Mr Wunti disclosed this on Wednesday in Abuja, while speaking with journalists at the ongoing 2021 Nigeria International Petroleum Summit (NIPS).

Carbon credit is a permit that allows the company that holds it to emit a certain amount of carbon dioxide or other greenhouse gases.

“It is through our partnership with Total that we are able to market…

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Nigeria earns €1 million from sale of carbon credits

 

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