Nigeria needs carbon pricing to prepare for emission trading scheme  NCCC DG

Nigeria needs carbon pricing to prepare for emission trading scheme NCCC DG

The Director General of the National Council on Climate Change Council (NCCC), Salisu Dahiru, has explained that the “carbon trading” scheme captured under the country’s climate change Act will address some of the climate challenges in Nigeria.

Mr Dahiru made this known Wednesday during a workshop to assess Nigeria’s carbon pricing initiatives in Abuja.

“As far as Nigeria is concerned, the carbon trading scheme is an aspect of our national policy and also a national priority to put in place all the measures needed to address all our mitigation challenges,” he said.

The official noted that carbon pricing is one of the foundational works needed to prepare Nigeria for participating in the emissions trading scheme and that the process had begun.

He explained that the validation workshop would familiarise Nigerians with the processes of understanding carbon pricing to meet Nigeria’s input.

“We will ensure that every opportunity for harvesting emissions…

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