Tinubu forms committee to seek Global Funds.

May 20, 2024

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Tinubu Forms Presidential Committee to Seek Global Climate Funds.

Key Points:

Committee Formation: President Bola Tinubu has established a 25-member Presidential Committee on Climate and Green Economic Solutions to coordinate activities in the renewable energy sector.
Leadership: Tinubu will chair the committee, with Environment Minister Balarabe Lawal as Vice Chairman and Ajuri Ngelale as Secretary and Special Presidential Envoy on Climate Action.
Purpose: The committee aims to secure global climate change funds and advance Nigeria’s climate and green economic initiatives.
Responsibilities: The committee will oversee policies and programs related to climate action, coordinate federal institutions, and ensure alignment with the Renewed Hope Agenda.
Innovative Initiatives: The committee will develop non-oil and non-gas climate action initiatives, collaborate with national and multilateral entities, and monitor progress on renewable energy projects.
Special Projects: Tinubu announced plans to establish Africa’s first green industrial zone powered by renewable energy in Nigeria’s central solid mineral belt, connected by rail infrastructure to key seaports.

Members:

Key members include CEOs of InfraCorp, NCCC, ICRC, NIPC, NSIA, NAGGW, ECN, REA, CrediCorp, NASENI, SMDF, and Deputy Governor of CBN.
Representatives from various federal ministries and agencies are also included.

Strategic Goals: