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ARTICLE · 25 NOVEMBER 2025

Frequently Asked Questions

How can Nigerian businesses start implementing sustainable practices?

NigeriaEnergy and Natural Resources
Novatia Consulting
Novatia Consulting

How can Nigerian businesses start implementing sustainable practices? Nigerian businesses should begin with energy audits and waste assessments to identify immediate opportunities. Start small with LED lighting upgrades and waste reduction programs, then gradually expand to renewable energy and comprehensive sustainability management systems.

What are the main ESG trends Nigeria companies should monitor in 2025? Key ESG trends Nigeria include stricter banking regulations on climate risk, expanded environmental impact assessments, enhanced corporate governance disclosure requirements, and growing investor focus on social impact metrics.

Is the Nigerian renewable energy market profitable for small investors? Yes, the Nigerian renewable energy market offers opportunities for small investors through distributed solar projects, mini-grid investments, and energy efficiency service companies. Returns typically range from 12-18% annually for well-structured projects.

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