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Federal Government Proposes Debt for Climate Swap Deal

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The Federal government has proposed a Debt-For-Climate Swap deal to achieve an equitable energy transition for Africa.

Vice President Yemi Osinbajo made this known in a statement signed by his spokesman, Laolu Akande.

The statement revealed that the swap deal, if approved, would significantly advance the course of global net-zero emissions targets and facilitate energy access and the development of African countries.

It stressed on need to take a comprehensive approach in working jointly towards common goals.

Written by: Helen Obih

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