Salisu Dahiru, director-general of Nigeria's Council on Climate Change , spoke with PREMIUM TIMES correspondent, Abdulkareem Mojeed on the sideline of the inaugural Africa Climate Summit and Africa Climate Week , held from 4 to 6 September in Nairobi, Kenya.
Thirdly, Nigeria is looking inwards to raise enough capital for investment in the Green project that will earn carbon credit. We do recall that the National Council for Climate Change has entered a memorandum of understanding with two principal bodies in Nigeria - the Nigerian Sovereign Investment Authority and InfraCorp. These are major key players in infrastructure development and they provide very viable options to raise capital.
PT: I believe this summit is preparing Africa towards engagement in COP28.
PT: Can you briefly tell us where we are with the plans of our carbon trading, carbon taxing models and all of that?: For the carbon trading, what we have done so far is, after the commencement of the project in August last year, we have gone ahead to identify the key building blocks, which are three. The first one is the establishment of the registry, the second is the establishment of the exchange and the third is the establishment of validation processes.