The Federal Government has launched Net-Zero Investment Plan in Abuja as part of its commitment to environmental protection.
The plan, a comprehensive strategy to achieve net-zero greenhouse gas emissions by 2060, and to foster sustainable economic growth, was launched by the Minister of Budget and Economic Planning, Abubakar Bagudu, in the presence of the Head of International Cooperation at the German Embassy, Dr Karin Jansen.
The minister stated that Nigeria was firmly committed to environmental protection, economic growth, and private-sector engagement.
He highlighted recent engagements with the German delegation, including agreements to mobilise long-term financing and to leverage €71 million in contributions, alongside a €300 million credit guarantee, underscoring the importance of strategic, sustainable funding for Nigeria’s climate and development ambitions.
Jansen, representing Germany, commended Nigeria for leading a country-driven initiative that reflected national priorities and development objectives. She praised the inclusive, consultative process that brought together government institutions, technical experts, civil society, and the private sector.
The plan sets out actionable interventions across high-emission sectors, including power, agriculture, waste management, transport, industry, and domestic energy.
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