Nigeria

2024

12Active policies mapped
7Disclosure
9Transition planning
1Public procurement

Disclosure

Transition planning

Public procurement

Domain Assessment

The Monitor assesses how ambitious, comprehensive, and stringent net zero regulations and policies are across different jurisdictions and domains, considering up to 265 data points for each policy tool.

Please hover over a table column to see a description

Climate-related disclosure	Criteria not fulfilled	Criteria not fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled
Transition planning	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria not fulfilled
Public procurement	Criteria fulfilled	Criteria not fulfilled	Criteria not fulfilled	Criteria fulfilled	Criteria fulfilled	Criteria not fulfilled	Criteria fulfilled	Criteria not fulfilled	Criteria not fulfilled

Legend

- Criteria fulfilled
- Criteria not fulfilled

Policy Tool Assessment

12 policy tools

Our law firm network identifies and analyses policy tools relevant to each domain to allow the Monitor to assess their ambition, stringency, and comprehensiveness.

Policy Tool Name	Domain	Year in force	Net zero aligned	Domain ambition 1	Domain ambition 2	Mandatory	Enforceable	Data transparency & verification	Variety of targeted entities / activities	Scope 3/non-carbon GHGs	Offsets
Climate Change Act, 2021	TP, PP	2021	Yes	Yes	No	Yes	Yes	No	Yes	No	No
Energy Transition Plan	TP	2022	No	Yes	No	Yes	No	No	Yes	No	No
Gas Flaring, Venting and Methane Emissions Regulations, 2023	D, TP	2023	No	Yes	Yes	Yes	Yes	No	No	Yes	No
Guidelines for Management of Fugitive Methane and Greenhouse Gases Emissions in the Upstream Oil and Gas Operations in Nigeria, 2022	TP	2022	No	Yes	No	Yes	Yes	Yes	No	No	No
National Renewable Energy and Energy Efficiency Policy (NREEEP) 2015-2030	TP	2015	No	Yes	Yes	Yes	Yes	No	Yes	No	No
NDC Implementation Framework (2023 - 2030)	TP	2024	No	Yes	No	No	Yes	No	No	Yes	No
Nigeran Stock Exchange (NSE)Sustainability Guidelines	D	2018	No	No	No	Yes	Yes	No	No	No	No
Nigerian Code of Corporate Governance, 2018	D, TP	2019	No	Yes	Yes	Yes	Yes	No	Yes	No	No
Nigerian Sustainable Banking Principles, 2012	D, TP	2012	No	Yes	Yes	Yes	Yes	Yes	No	No	No
Petroleum Industry Act, 2021	D	2021	No	No	Yes	Yes	Yes	No	Yes	No	Yes
Roadmap Report for Adoption of IFRS Sustainability Disclosure Standards in Nigeria	D	2024	No	No	Yes	Yes	Yes	Yes	No	Yes	Yes
SEC Guidelines on Sustainable Financial Principles for the Nigerian Capital Market, 2021	D, TP	2021	No	Yes	Yes	Yes	Yes	Yes	Yes	Yes	No
Legend D Disclosure TP Transition Planning PP Public Procurement Ambitious Stringent Comprehensive Criteria not fulfilled