Nigeria’s newly approved National Carbon Market Framework (NCMF) by President Bola Ahmed Tinubu on 31 October 2025, signals a bold shift toward a more coordinated, credible, and investment-ready carbon market. Anchored on Nigeria’s obligations under the Paris Agreement and the institutional structures created by the Climate Change Act 2021, the framework introduces critical rules to ensure environmental integrity, prevent double-counting, and integrate Nigeria into international emissions-trading mechanisms.
This article examines the NCMF, highlighting its key provisions and the opportunities it presents for Nigeria’s emerging climate finance landscape. Continue reading by clicking here.