President Tinubu approves InfraCorp for Green Zone, establishes committee on green economy

President Bola Tinubu has reassured Nigerians of his administration's commitment to easing the country's economic difficulties by revamping the financial system.

President Bola Tinubu has established a committee to oversee Green Economic Initiative, being a strategic move to ensure advancement of his administration to tackle challenges of climate change in Nigeria

The Presidential Committee on Climate Action and Green Economic Solutions, will coordinate and oversee all policies and programmes on climate action and green economic development, as well as identify, develop, and implement innovative non-oil and non-gas climate action initiatives.

President Tinubu has also approved the appointment of the Infrastructure Corporation of Nigeria (InfraCorp) as the Lead Arranger and Developer of Evergreen City, Nigeria’s green industrial zone.

Tinubu also approved the appointment of Chief Ajuri Ngelale as Special Presidential Envoy on Climate Action and Chairman Project Evergreen, the supervisory technical working group, to oversee the pioneering endeavour, which Ngelale said the terms of reference include selection of partners/consultants to undertake critical development activities, raise private funding for the development of the city and constituent projects; coordinating with partners, and other providers of capital and technical assistance.

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