Managing Director of the Niger Delta Development Commission (NDDC), Dr Samuel Ogbuku, said the Commission is set to invest in solar and carbon credit to combat climate change.
He said that the impact in solar power aligns with the Sustainable Development Goals (SDGs) to address climate change issues in Nigeria.
Ogbuku stated this, yesterday, at NDDC headquarters in Port Harcourt after a delegation from the Asteven International Company made a presentation on renewable energy and carbon credit.
Ogbuku said: “Our target is that every community in the Niger Delta region will be powered by solar; which is renewable and a cheap form of energy. In addition to this, we shall create industrial clusters to be powered by solar, which will help in improving the agricultural value chain.”
Ogbuku further emphasised the Commission’s collaboration with a United States (US)-based firm, and its compliance with the National Council of Climate Change, demonstrating their dedication to climate-related matters.
“Solar power has the dual benefit of helping people with projects and building carbon credits. We expect to recover the carbon credits we have garnered so far. Such recovered funds can be reinvested,” Ogbuku noted, highlighting the potential for environmental regeneration, particularly mangrove restoration.
