Nigeria To Launch 3rd Green Bond To Fund Several Eco-Friendly Projects

By Jean Marie Takouleu

The Federal Government of Nigeria has announced the imminent launch of its third green bond programme. It is intended to finance several green projects across the country.

A third green bond will soon be launched in Nigeria. Mohammad Mahmood Abubakar, the Nigerian Federal Minister of the Environment announced this from the Nigerian Stock Exchange in Lagos. The objective this time is to raise 25 billion naira, or more than 68.7 million dollars. More specifically, it is a loan issued on the market from investors to finance projects contributing to the ecological transition.

These projects may relate to renewable energy, sustainable waste and water management, sustainable land use, clean transportation, climate change adaptation, etc. The projects may be in the sectors of renewable energy, sustainable waste and water management, sustainable land use, clean transportation, climate change adaptation, etc. Read more…

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