The minister of environment, Mohammed Mahmood, says seven Nigerian universities run strictly on renewable energy.
The minister, who spoke at the Climate Action Summit 2019 in New York on Sunday, said Nigeria is the first country in Africa to issue a sovereign green bond.
Mahmood, who said Nigeria is committed to reducing its emissions by as much as 45 percent by 2030, added that seven federal universities are being powered strictly by renewable energy.
He added that 30 more federal universities are coming on board. “In Nigeria’s continuing committment to the climate change issues, I am happy to report that we are still committed to reducing our emissions by 20 percent unconditionally, and 45 percent conditionally by 2030,” Mahmood said.
“We have employed the following strategy to be able to meet our committment; In climate financing, Nigeria is the first country in Africa to issue sovereign green bond.
“In which we are able to raise over N10 billion, the proceed of which we use in the area of energy and environment. Currently, we have seven federal universities that are being powered strictly by renewable energy, and we have another 30 coming on board.”
The minister did not state the names of the federal universities.
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