The need for the use of suitable natural alternative materials to oil-derived carbon-based materials, largely because of carbon IV oxide emissions and the attendant global health and environmental impact, has led to the discovery of lignin, a biomass-derived material, as a precursor for carbon fibre (CF) manufacture and as a reinforcement for biologically derived polymers like polylactide (PLA) with a variety of biomedical and industrial applications. This study investigated the thermal, structural, and compositional properties of lignin extracted from the pseudostem of Musa paradisiaca L. (the plantain tree). Dried and milled plantain pseudostem was pretreated using diethyl ether. Lignin was extracted from the untreated and pretreated pseudostem samples using 5M HCl for 1 h at 200 °C and 250 °C (acid hydrolysis). The results revealed that lignin obtained from pretreated pseudostem at 200 °C and 250 °C possesses superior thermal stability, as shown by the thermogram, with a DTGmax of 429.97 °C and 442.62 °C in contrast to 397.22 °C and 382.53 °C for lignin from untreated pseudostem due to the removal of volatile impurities and unwanted constituents after pretreatment. The FTIR spectrum of the extracted lignin samples shows similar absorption bands, like 1703.4 cm−1 (C=O–conjugated carbonyl group), 1606–1602 cm−1 (C=C stretching–aromatic compounds, benzene ring), 1315 cm−1 (C-O stretching–syringyl units), and 1200.2 cm−1 (C-H stretching, guaiacyl units), with the pretreated biomass having higher transmittance (%) values, indicating increased purity after pretreatment. The results presented above showed that lignin has been successfully extracted and can serve as a potential precursor for the production of carbon fibre, thereby reducing dependence on fossil-fuel-based precursors, with a reduction in carbon dioxide emission pollution.