Unlocking the $2 Billion Potential for Economic and Financial Inclusion
As covered by The Chronicles of Construction
On July 21st, 2025, the Banquet Hall of the Presidential Villa, Abuja, became a hub of critical dialogue, bold vision, and national resolve. The event titled “Sustainability of Nigeria’s Forests: Unlocking the $2 Billion Potentials for Economic and Financial Inclusion”, convened by Dr. Nurudeen Abubakar Zauro, Technical Advisor to the President on Economic and Financial Inclusion, attracted key stakeholders from across the country, including expected appearances by Nigeria’s Vice President represented by Sen Ibrahim Hadejia –Deputy Chief of Staff.
The Chronicles of Construction was there, not just as observers but as documenters of history in the making.
Key Takeaway for the Construction Sector
As the world pivots toward green economies and climate-resilient development, Nigeria’s forests are no longer viewed as mere environmental charity—they are natural capital. At the heart of this shift is a call to the built environment industry: integrate sustainability into planning, design, and delivery.
Why This Matters to Construction?
The event highlighted a national roadmap for forest industrialization—an agenda that intersects with infrastructure, urban planning, and environmental design. Key implications for the construction sector include:
- Carbon as Currency: Verified carbon credit systems (using platforms like Verra and Gold Standard) are creating tangible financial incentives tied to green building and reforestation.
- Monetizing Sustainability: With estimated carbon credit values ranging from $780M to $3.9B, the construction and real estate sectors are uniquely positioned to integrate forest conservation and carbon offset strategies into their operations.
- Reforestation Partnerships: Developers, planners, and architects can now collaborate with government-backed initiatives for land access, permitting, and forest governance.
- Green Jobs, Green Projects: MoUs with six pilot states are unlocking local job creation opportunities, especially in sustainable construction materials and practices.
As the built environment contributes significantly to emissions, this initiative offers a real solution: build, but build green.
What NFES 2025 Will Deliver
- A national roadmap for forest industrialization
- Verified investment-ready projects in timber, carbon, and non-timber forest products
- A $30 billion Forest Accord Trust Fund (FATF)
- MoUs across 6 states for governance and project access
- Clear carbon monetization channels for global investors
This is not a side event. This is a new economic blueprint—and construction professionals should take note.
Thank You to Our Sponsors and Partners
This coverage was made possible through the generous support of:
- Nigerian Institute of Architects (Abuja Chapter)
- Flexi-Clay
- C.Y.F.T – facility management and green infrastructure services
- Reform Sports Group – sport infrastructure developers
- Uncaged Creations – event photography and videography
- Broadmind Special Projects Ltd – strategic media & event support
Special appreciation to Arc Bose Idegbesor, FNIA, for ensuring The Chronicles of Construction received deep access to the event’s core conversations and a huge recognition to the Presidency Committee on Economic and Financial inclusion for recognizing the good report and coverage delivery of the chronicles of construction, you are well appreciated
More to Come!
Watch the youtube version of the event – https://youtu.be/M9rjAttJ738?si=ZWLpb_EgiIAMgZGj
Pictures also speak volume – https://photos.app.goo.gl/PUHdjXWG4HhZv1uu9
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