Nigerian oil and gas regulator to develop carbon market framework -media

Published 16:25 on May 22, 2023  /  Last updated at 16:25 on May 22, 2023  / Roy Manuell /  Africa, EMEA, Nature-based, Voluntary

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to develop a regulatory framework for carbon pricing, according to local media sources, which would see firms active in the oil and gas sector pay for emissions as well as drive reductions via carbon credits.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to develop a regulatory framework for carbon pricing, according to local media sources, which would see firms active in the oil and gas sector pay for emissions as well as drive reductions via carbon credits.


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