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Boost climate action funding, Tinubu urges World Bank, IMF

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President Bola Tinubu has called on the World Bank, International Monetary Fund (IMF), and African Development Bank (AfDB) to scale up financing for climate action.

Tinubu, represented by Vice-President Sen. Kashim Shettima, made the call at a Climate Summit during the 80th Session of the United Nations General Assembly (UNGA) in New York, United States.

The president stated that the climate emergency demands not just words, but courageous and sustained leadership.

Tinubu said Nigeria was mobilising $20 to $25 billion in climate finance by 2030, including green bonds, blended finance, and public-private risk-sharing mechanisms.

He called on global partners to scale up concessional finance, knowledge sharing, and technology transfer to accelerate not just Nigeria’s transition, but Africa’s contribution to a safer, more sustainable world.

He said, “We aim to unlock at least $7 to $10 billion in grants and concessional finance from global partners, while promoting technology transfer, regional energy integration, and green entrepreneurship to drive inclusive growth. For Nigeria, a country acutely vulnerable to climate impacts, climate action is not a choice; it is an existential necessity.

“To mobilise resources, we have undertaken significant domestic reforms. We have simplified and modernised our tax laws to ease compliance, removed unproductive fossil fuel subsidies, reduced burdens on households and businesses, and enhanced revenue efficiency. At the same time, we are strengthening our business environment through legislation and policies that improve the ease of doing business. This is to attract private capital and expand opportunities for investment in clean energy and sustainable infrastructure.”

Tinubu said that in March 2025, Nigeria launched the Nigeria Carbon Market Activation Policy, establishing a robust framework for high-integrity emissions reductions.

He added, “This positions Nigeria as a credible hub for Article 6, Voluntary, and Compliance carbon markets. Through this mechanism, our target is to mobilise up to $2.5 billion by 2030 in high-quality credits and related investments.

“We are under no illusion: no country can tackle the climate crisis alone. Like other developing nations, Nigeria requires significant support to implement effective mitigation and adaptation strategies. We therefore call on International Financial Institutions, notably the World Bank, IMF, and African Development Bank, to scale up financing for climate action. Likewise, developed countries must honour their climate finance commitments, including the $100 billion annually pledged under the Paris Agreement.”

He said that as a demonstration of its unwavering commitment, Nigeria had updated its Nationally Determined Contributions (NDC 3.0), in line with UNFCCC guidance.

Tinubu continued, “This enhanced NDC reflects greater ambition, integrating mitigation and adaptation measures to safeguard our people, protect ecosystems, and accelerate inclusive growth. It was formally submitted to the UNFCCC Secretariat on September 21. This NDC 3.0 departs from the business-as-usual approach to an absolute economy-wide emission reduction, our highest ambition level to date.”

The president said the targets were better defined and will be supported by an investment plan to accelerate implementation.

Tinubu added, “Nigeria’s NDC 3.0 commits to significantly increasing mitigation and adaptation ambitions with clearer targets compared to NDC 2.0. Within the LULUCF sector, Nigeria aims to lower the deforestation rate by 60 percent, which offers a substantial mitigation potential of 304.8 MtCO2eq, while also pursuing a mitigation potential of 34.4 MtCO2eq by increasing forest area through reforestation and afforestation.”

He said Nigeria was increasing the adoption and use of cleaner energy systems, especially in manufacturing and industries.

“We are increasing captive generation capacity using cleaner fuels by installing seven GW, 50 percent renewable and 50 percent natural gas, for a practical Energy Mix Plan on our journey to net-zero by 2060; electrifying key sectors such as public transport and industry. We are also implementing national energy efficiency standards to deliver absolute reductions in energy intensity by 2030.”

The president said that for the first time, “Health” and “Action for Climate Empowerment” have been included as priority sectors in Nigeria’s NDC 3.0, demonstrating its commitment to economy-wide climate governance.

He added that Nigeria was scaling climate-smart agriculture to reach five million smallholder farms by 2030, with a view to increasing yields by 20–30 percent and expanding drought-resistant crops.

“We are building resilient infrastructure, integrating early warning systems, climate-informed urban planning, and resilient housing to reduce climate-related damages by 50 percent. We plan to restore mangroves, forests, and wetlands to enhance carbon sinks by 200 metric tonnes of Carbon Dioxide Equivalent (MTCO2e) cumulatively by 2030, while protecting biodiversity and livelihoods. Nigeria aims to lower the deforestation rate by 60 percent, which offers a substantial mitigation potential of 304.8 MtCO2eq, while also pursuing a mitigation potential of 34.4 MtCO2eq by increasing forest area through reforestation and afforestation,” Tinubu added.

He said that institutionally, Nigeria had established the National Council on Climate Change (NCCC), supported by a cross-ministerial Secretariat, to ensure coherence, accountability, and measurable results.

He reaffirmed that for Nigeria, climate action is not a trade-off between growth and sustainability; it is the pathway to sustainable growth, innovation, security, and shared prosperity.

Tinubu assured that Nigeria was ready to work with all partners, lead where necessary, and deliver because the time for climate action is now.

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VIDEO: Defence Minister backs Naval officer A.M Yarima over viral clash with Wike

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Minister of Defence, Mohammed Badaru, has praised Lieutenant Yarima, the naval officer involved in a confrontation with the Minister of the Federal Capital Territory (FCT), Nyesom Wike, over a disputed land in Abuja.

The property is said to belong to former Chief of Naval Staff, Vice Admiral Awwal Gambo.

Government Promises Protection for Officers on Lawful Duty

Addressing journalists at the National Defence College, Abuja, during a press briefing on the 2026 Armed Forces Remembrance Celebration, Badaru reaffirmed the Federal Government’s commitment to defending military personnel performing their lawful duties.

He said, “At the Ministry and across the Armed Forces, we will always protect our officers performing their duties lawfully. Lieutenant Yarima has acted commendably, and we will ensure his safety.

“We are thoroughly reviewing this matter, and I assure you that any officer performing legitimate duties will receive full protection.”

Viral Video Sparks Public Reactions

Badaru’s comments come after a viral video captured a heated argument between Wike and a naval officer at a construction site in Gaduwa District, Abuja.

In the video, Wike accused the officer of blocking his access to the site, stressing that no one is above the law. The officer, however, maintained that he was following orders from his superiors.

The incident has since generated widespread public debate, with many Nigerians commending the officer’s calmness during the encounter.

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Retired police officer offers viral navy officer, Yerima part of his pension

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‎A retired Deputy Superintendent of Police, Sunny Anyanwu, has made a generous offer to Lieutenant Ahmad Yerima, the viral naval officer who stood up to FCT Minister, Nyesom Wike.

‎Notably, Ahmad Yerima has been making headlines following a viral video showing a heated confrontation with FCT Minister Nyesom Wike.

Lieutenant A.M. Yerima

‎Retired Officer Offers His Pension To Lieutenant Ahmad Yerima

‎In his Facebook post, the retired Deputy Superintendent of Police, Sunny Anyanwu, revealed he earns a monthly pension of N49,000, and offered N5,000 to the naval officer.

‎Furthermore, he stressed that Lieutenant Ahmad Yerima should be regarded as a British-trained officer.

‎Read Post Below…..

Out of my #49k monthly pension, I have decided to offer #5K to the Naval officer that had open confrontation with the FCT minister WIKE.

‎ The officer could be regarded as a British trained officer. I will also advice President Tinubu to honor him with the award of Commander of the Federal Republic (CFR).

‎ His Bank details should be forwarded through his department pls. This is the type of insult I took for 35yrs and gets #49k monthly pension.

See below…..

Source: GISTREEL

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Wike’s altercation with the Naval officer is a typical example coming out of a disgraced country – Peter Obi

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The presidential candidate of the Labour Party in the 2023 general elections, Peter Obi, has described the recent altercation between the Minister of the Federal Capital Territory (FCT), Nyesom Wike, and a naval officer in Abuja as an embarrassment coming from a ‘disgraced nation.’

In a statement shared on social media, Obi said the altercation was “yet another unfortunate reflection of the growing institutional disorder in our country.”

According to him, what should have been a routine civic encounter degenerated into “a public spectacle” that exposes deeper governance problems.

He wrote;

‘’Wike versus Naval Officer: A Lesson for National Reflection

The recent needless altercation between the FCT Minister, HE, Barr. Nyesom Wike and a Naval officer are yet another unfortunate reflection of the growing institutional disorder in our country. What should ordinarily be a routine civic encounter has, once again, become a national embarrassment— a typical example coming out of a ‘disgraced country’

Beyond the personalities involved, this incident raises fundamental questions that demand honest national reflection:

Should the military be used for purely civil operations? If proper protocols were in place, should a Minister’s intervention in such a matter be in such an indecorous manner?

Shouldn’t there be clear boundaries between administrative authority and the duties of security agencies?

What does this say about our respect for institutions and the separation of powers? Why are our men and women in uniform so often drawn into civilian disputes? Why has the culture of due process and civility given way to public spectacle and confrontation? If our institutions worked as they should, would tempers flare in situations that should be handled by clear procedure and hierarchy? Above all, what example do incidents like this set for our younger generation about leadership, discipline, and the rule of law?

These are not just questions about one incident – they go to the very heart of how our nation is governed. When public officials act beyond institutional norms, and when security agencies are used in ways that blur their professional boundaries, we weaken both governance and public trust.

We must learn from this episode. It is time to rebuild a nation where institutions are stronger than individuals; where public office is exercised with humility and restraint; where the dignity of our uniformed officers and the rights of every citizen are upheld.

A country that aspires to greatness and feels insulted when referred to as a disgraced nation must replace the culture of impunity with the discipline of law, order, and respect for due process.

Repeatedly, I have maintained that to occupy an office and be referred to as His Excellency, Distinguished or Honourable, how we get to such an office and our character and behaviour while holding it or out of it should reflect such exemplary titles in all ramifications.”

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