President Bola Ahmed Tinubu made the declaration at the weekend at the ongoing United Nations Climate Conference (COP28) summit on fossil fuel, financing and other non-greenhouse gases in Dubai, United Arab Emirates (UAE).

The President, who shared the platform with the President of COP28, Dr Sultan Ahmed al-Jabar; told the world that Nigeria has already imposed a heavy penalty for defaulters and huge incentives to curb industrial gas flaring.

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In his remarks, United States Special Envoy on Climate, John Kerry had announced that over $1 billion in new grant funding has been mobilized since COP27 in Egypt.

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