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Reps committee backs private sector plan for Nigeria’s first green, climate finance bank

Naija News • 3h ago
Reps committee backs private sector plan for Nigeria’s first green, climate finance bank
The Chairman of the House of Representatives Committee on Renewable Energy has announced support for the plan to establish Nigeria’s first dedicated Green and Climate Finance Bank, describing it as a strategic vehicle to unlock billions of dollars in climate-smart investments and accelerate the country’s transition to clean energy. Speaking at a press conference in Abuja, the committee chairperson, Afam Ogene (LP, Anambra), said the proposed institution would mobilise long-term capital for renewable energy, climate-smart agriculture, green buildings, sustainable transport, waste management and other environmentally sustainable ventures. He said the initiative aligns with the mandate of his committee to oversee renewable energy components across entities in Nigeria and to formulate polici...
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