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flag Nigeria mandates oil firms to show low carbon emissions and have renewable plans for new licenses.

flag Nigeria's oil regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), now requires companies to prove low carbon emissions and have a renewable energy program to get oil licences. flag This rule, starting January 1, 2025, includes a template for decarbonization and aims to align with Nigeria's goal of net-zero emissions by 2060. flag Companies must also manage methane and use energy-efficient technologies.

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