Nigeria
Nationally determined contribution
Targets
Nigeria remains fully committed to the unconditional target set out in the INDC, to reduce GHG emissions in 2030 by 20% below business-as-usual emissions, and increases its conditional target to 47% below business-as-usual emissions in 2030, on condition of appropriate support.
Article 6 engagement
Discussions are underway for support for the development of a national carbon pricing/market framework that will enable Article 6 outcomes.
Mitigation activities
The NDC contains the following conditional measures:
Energy
- 48% of population using LPG and 13% using improved cookstoves by 2030
- Elimination of kerosene lighting by 2030
- 5% per tear reduction in energy intensity across all sectors
- 100,000 extra buses by 2030
- Bus Rapid Transport will account for 22.1% of passenger-km by 2030
- 25% of trucks and buses using CNG by 2030
- All vehicles meet EURO III emission limits by 2023 and EURO IV by 2030
- 30% of on-grid electricity from renewables (12 GW additional large hydro, 3.5 GW small hydro, 6.5 GW Solar PV, 3.2 GW wind)
- 13 GW off grid renewable energy (i.e., mini-grids 5.3 GW, Solar Home Systems and street lights 2.7 GW, self-generation 5 GW)
- Reduce grid transmission and distribution losses to 8% of final consumption of electricity in 2030, down from 15% in 2018.
- 100% of diesel and single cycle steam turbines replaces with combined cycle
- Elimination of diesel and gasoline generation for electricity generation by 2030
- Zero gas flaring by 2030
- 60% reduction in fugitive methane emissions by 2031
Sectors covered by the NDC
Energy (including electricity generation, oil and gas and transport), Industrial Processes and Product Use and Agriculture, Land Use, Land-Use Change and Forestry (LULUCF), waste, and water.
Finance needs
The estimated investment required over the implementation period 2021-2030 to deliver the conditional target is estimated to be some USD 177 billion 2021. The bulk of investments, some USD 122 billion over 10 years, will need to be targeted at the electricity generation sector, a development priority of the government.
Carbon pricing
Status
Under consideration
Description
Under consideration
Carbon markets
National entities responsible for carbon markets
Article 6.4 DNA
Dr. Salisu Dahiru
Article 6.8 Focal Point
Asmau Jibril
CDM DNA
N/A
Article 6 strategy and regulations
Under development
National registry
Under development
Pipeline
Article 6
Bilateral agreements
- Not available
Mitigation activities
- Not available
CDM
For more information on all CDM activities please download the Database for PAs and PoAs.
Data
As of December 31st, 2021, Gas recovery projects are the leading CDM activity in issued credits for Nigeria, with a total of 2306.25 kt.
Household projects are the second most prominent CDM activity, with issued credits accounting for 1753 kt.
Voluntary Carbon Market
Download VCM activity portfolioData
As of September 6th, 2024, Nigeria has 84 projects registered with the VCM, out of which 79 are registered with the GS and 5 are registered with the VCS.
As of September 6th, 2024, Household projects are the only VCM activity in Nigeria with issued credits, accounting for a total of 9611.88 kt.
2024 was the year with the largest volume of issued credits for household projects, with 3176.16 kt issued.
As of September 6th, 2024, Household projects are the only VCM activity in Nigeria with retired credits, accounting for a total of 3952.29 kt.
2022 was the year with the largest volume of retired credits for household projects, with 1553.15 kt retired.