Vectar Energy commends President Tinubu’s approval of Nigeria’s Carbon Market Framework

The Founder of Vectar Energy, Deborah Fadeyi, has lauded President Bola Ahmed Tinubu for approving the National Carbon Market Framework, the Manual of Procedures, and the Nigeria Climate Change Fund, describing the move as a historic turning point for the nation’s climate economy.

“We commend the Federal Government and the National Council on Climate Change (NCCC) for this bold step,” Fadeyi said. “As a locally developed and globally validated innovation, ecoWise stands ready to support the implementation of this framework, providing digital infrastructure to ensure that every project from Lagos to Lokoja, Kaduna to Kafanchan, can be verified, valued, and financed transparently.”

According to Fadeyi, for the first time, Nigeria now has a regulated structure capable of unlocking billions in sustainable finance, rewarding verified impact and transparency. “This development does more than create a framework; it establishes trust, and trust is the true currency of climate finance,” she noted.

For Nigeria’s carbon market to thrive, she added, measurement and verification must be digital, real-time, and incorruptible. Digital MRV (Measurement, Reporting, and Verification) systems, she said, are central to this new climate economy.

Vectar Energy’s ecoWise platform, Africa’s first fully integrated digital MRV and finance stack, was developed to address this challenge. The system connects real-time solar data directly to verification, cutting timelines from years to days, automating validation, ensuring tamper-proof data collection, and instantly converting verified reductions into tradeable carbon credits or Renewable Energy Certificates.

With the government’s new carbon market framework, Nigeria has the opportunity to lead Africa not only in policy but in practice,” Fadeyi said. “Strong regulation combined with digital innovation could unlock between $2.5 billion and $3 billion annually in carbon finance over the next decade, expand energy access, and generate high-quality credits that meet international standards.”

This is the dawn of Nigeria’s carbon economy,” she concluded. “The policy is ready. The market is ready. The technology is ready. Now, it is time to connect them and power Nigeria’s green transition at speed and scale.