An open letter to President Tinubu argues that Nigeria is missing a critical window to attract climate finance. The author proposes the creation of a National Office on Carbon Market to coordinate the sale of verified emission reductions, specifically through Internationally Transferred Mitigation Outcomes (ITMOs). The proposal suggests that Nigeria should pursue bilateral agreements with Singapore or Switzerland to establish credibility and liquidity. By leveraging assets like mangrove ecosystems and reforestation potential, Nigeria could diversify its economy and fund green energy expansion.
