Nigeria’s post-COVID-19 Macroeconomic Policies: Are They Climate Change Friendly?

Nigeria’s post-COVID-19 Macroeconomic Policies: Are They Climate Change Friendly?
Image: Getty, Frédéric Soltan/Corbis

It is crucial for the Nigerian government to establish a conducive setting for the efficient execution and oversight of its climate change policies and initiatives.

Summary:

  • Although it is seen as a risk to the country’s economic development, Nigeria needs to work on minimising its dependency on fossil fuels.
  • It is crucial to adopt and implement clear climate change policies, alongside adequate strategies to monitor execution.
  • The implementation of Nigeria’s Nationally Determined Contribution is largely anchored on its financing.
  • Policies should be packaged to be more investor friendly.
The views expressed in this publication/article are those of the author/s and do not necessarily reflect the views of the South African Institute of International Affairs (SAIIA).

24 May 2023