**Solad Makes History in Nigeria's Clean Energy Sector with First Renewable Energy Certificate Sale** Nigeria has taken a significant step towards a cleaner and more sustainable future with the successful sale of its first International Renewable Energy Certificates (I-RECs) by Solad Power Group, a leading player in the country's distributed energy solutions sector. This groundbreaking achievement not only marks a milestone in Nigeria's clean energy transition but also underscores the importance of the country's expanding carbon market. In a partnership with Rivy, a prominent energy-finance platform, Solad Power Group sold I-RECs, which are internationally recognized tradable instruments that certify electricity generated from renewable sources like solar and wind. Each certificate represents a megawatt-hour of clean energy produced, providing companies with a transparent and verifiable way to offset their greenhouse gas emissions while supporting the sustainability of clean energy projects. The successful sale of I-RECs for Solad's solar power generation in Iponri market, Lagos, is a significant achievement that reflects growing international confidence in Nigeria's climate-positive initiatives. This breakthrough also aligns with the federal government's recent launch of a national carbon market framework, which aims to unlock up to $3 billion in climate finance annually by 2030. The new framework, which includes the establishment of a National Carbon Registry, requires companies to disclose and publish their annual emissions generated from their operations, promoting transparency and accelerating decarbonization across the economy. By executing this transaction through a reputable intermediary, Solad and Rivy have set a strong benchmark for credibility, transparency, accountability, and market integrity. Solad's achievement highlights the potential of Nigeria's clean energy sector to drive economic growth, create jobs, and reduce the country's reliance on fossil fuels. As the country continues to implement policies and initiatives to promote a low-carbon economy, this milestone is a significant step towards a cleaner and more sustainable future for Nigeria.