The Niger Delta Development Commission (NDDC) is making strides in the realm of solar power and carbon credits to address climate change issues in Nigeria. The Managing Director, Dr. Samuel Ogbuku, announced the commission’s commitment to powering every community in the Niger Delta region with solar energy, emphasizing its renewable and cost-effective nature. The NDDC aims to create solar-powered industrial clusters to enhance the agricultural value chain.
The NDDC is collaborating with a US-based firm and adhering to the National Council of Climate Change, showcasing its dedication to climate-related matters. Dr. Ogbuku highlighted the dual benefits of solar power, contributing to projects and generating carbon credits. The recovered funds from carbon credits can be reinvested, fostering environmental regeneration, particularly in mangrove restoration.
During a presentation by Asteven International Company on Renewable Energy and Carbon Credit, Dr. Ogbuku underscored the collaboration’s global significance and the potential for unlocking trapped values in NDDC projects. The President of the Council on Renewable Energy, Dr. Sunny Akpoyibo, pledged support to NDDC in developing projects with carbon values.
Asteven International Company assured the Commission of assistance in monetizing carbon credits and unlocking a substantial $2 billion carbon investment potential in the Niger Delta region. The Executive Director of Asteven Group, Prof. Magnus Onuoha, emphasized the Niger Delta’s centrality in the international climate change discourse and urged NDDC to engage experts for climate finance and technology support. He stressed the importance of climate justice for sustainable development in the region.
NDDC’s initiatives in solar power and carbon credits align with Sustainable Development Goals, particularly Goal 7 (Affordable and Clean Energy) and Goal 13 (Climate Action). The commission’s commitment reflects its dedication to sustainable development and climate resilience in the Niger Delta region.
