The Nigerian Government enacted the Climate Change Act 2021 as a methodology to combat climate change.

Fast Forward: In Q1 2023, Nigeria announced plans to introduce a Carbon Tax and Credit policy.

In this article, TEMPLARS Partner Sesan Sulaiman and Associates; Okabonye Chukwuani and Gracia Bonire delve into Nigeria’s ambitious plan to actively implement a Carbon Tax and Credit policy. The article also explores the immense potential of carbon credits and taxation as catalysts for driving sustainable development in Nigeria.