Nigeria commits to annual carbon budgets to reach net zero under climate law.

Nigeria, Africa’s most populous country and the continent’s biggest oil producer, has become the first major developing country to commit to set annual carbon budgets to plot its path to cutting emissions to net zero.

After announcing a 2060 net zero target at the Cop26 climate talks in Glasgow, president Muhammadu Buhari signed into law a climate bill committing his government to produce a sweeping plan to reduce emissions, adapt to climate change and set annual and five-year carbon budgets.