President Bola Tinubu has left Abu Dhabi, United Arab Emirates for Abuja, after attending the Abu Dhabi Sustainability Week, a global forum focused on energy innovation and renewable energy transitions.
“President Tinubu leaving his hotel in Abu Dhabi, United Arab Emirates on Saturday for the homeward journey, after attending the Abu Dhabi Sustainability Week,’ according to a statement by presidential spokesperson Bayo Onanuga on his official X handle on Saturday.
Persecondnews observes that the President’s visit underscored Nigeria’s commitment to sustainable development and strengthening ties with the UAE, particularly in green energy and economic cooperation.
During the summit, President Tinubu announced Nigeria’s Climate and Green Industrialization Investment Playbook, aiming to secure $25-$30 billion annually in climate finance.
He emphasized the need for integrated climate action, citing regulatory strides such as the National Carbon Market Activation Policy and the National Carbon Registry.
Tinubu also highlighted partnerships for deploying artificial intelligence to boost energy efficiency and promote technology transfer.
Nigeria’s energy transition plan targets net-zero emissions by 2060, with initiatives like the $500 million Distributed Renewable Energy Fund and the World Bank’s $750 million DARES programme.
The President has invited partnerships to develop lithium reserves for battery production and energy storage, promoting local processing and value-addition.
He emphasized Nigeria’s commitment to deepening access to green finance, with a $500 million target for climate-resilient infrastructure and a $2 billion capitalization goal for the National Climate Change Fund.
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