Nigeria’s Vision to Turn Climate Crisis into Economic Opportunity

President Bola Tinubu – ARDnig

President Bola Tinubu has positioned Nigeria to turn the climate crisis into an economic opportunity by embracing sustainable development and innovation. At the launch of NETZENCE Sustainability Limited’s CloseCarbon system, Tinubu emphasized the importance of reducing carbon emissions and achieving Net Zero by 2060. The event underscored the critical role of government and stakeholder collaboration in driving Nigeria’s climate agenda.

Harnessing the Potential of Climate Challenges

President Bola Tinubu has declared Nigeria’s commitment to transforming the challenges posed by climate change into opportunities for economic growth and sustainable development. Speaking at a product launch event by NETZENCE Sustainability Limited in Abuja, Tinubu, represented by the Minister of Science, Technology, and Innovation, Dr. Uche Nnaji, emphasized that Nigeria, like many other nations, is already feeling the severe impacts of climate change. Rising temperatures, extreme weather events, and shifting rainfall patterns are endangering the country’s agricultural sector, economy, and the well-being of its people. Yet, within these challenges lies an opportunity to reshape Nigeria’s economy and lead the global fight against climate change.

The Role of Innovation in Achieving Net Zero

In his address, Tinubu stressed the importance of innovation and technological advancements in Nigeria’s journey towards a low-carbon economy. By embracing sustainable development practices and focusing on reducing carbon emissions, Nigeria can create new economic opportunities and improve the quality of life for its citizens. The President commended NETZENCE Sustainability Limited for its proactive approach in developing solutions like the CloseCarbon system, a carbon footprint tracking tool that will play a significant role in accelerating Nigeria’s path to achieving Net Zero by 2060. Tinubu assured the company of the Federal Government’s collaboration through various ministries and agencies to pioneer these vital solutions.

Within the challenge of climate change lies a tremendous opportunity to reshape our economy and position Nigeria as a leader in the global fight against climate change.” – President Bola Tinubu

CloseCarbon: A Game-Changer for Carbon Management

During the event, Dr. Sadiq Sani, Founder & CEO of NETZENCE Sustainability Limited, introduced CloseCarbon, a groundbreaking system designed to track, monitor, and calculate carbon footprints with ease. This tool addresses the lack of verifiable data in emission reduction efforts, providing real-time insights that will help Nigeria meet its Nationally Determined Contributions (NDCs) and align with global net-zero targets.

President Bola Tinubu addressing a climate change event, with a focus on transforming challenges into opportunities through innovation and sustainability.

Nigeria Farmers – ARDnig

Government and Stakeholder Support for Sustainable Development

The product launch saw the presence of key stakeholders, including former Governor of Niger State, Abubakar Bello, and representatives from the Office of the Vice President. These stakeholders expressed their support for NETZENCE’s initiatives and underscored the importance of collaboration between the government, private sector, and international partners in achieving Nigeria’s climate goals.

Empowering Citizens and Companies in the Fight Against Climate Change

In his closing remarks, Dr. Sani announced that CloseCarbon will be freely available for onboarding to all individuals and companies willing to adopt the new system. This initiative is part of NETZENCE’s commitment to making sustainable practices accessible to everyone, thus empowering Nigerians to take active roles in reducing their carbon footprints. By fostering a culture of sustainability, Nigeria can turn the tide on climate change, creating a more resilient and prosperous future for all.

Conclusion
Nigeria stands at a pivotal moment in its fight against climate change. By leveraging technology and innovation, the country can transform environmental challenges into opportunities for economic growth. The introduction of the CloseCarbon system marks a significant step towards a sustainable future, with the support of both government and private sectors playing a crucial role in achieving this vision.

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