The Nigerian Meteorological Agency (NiMet) has reiterated its readiness to ensuring access to reliable climate data and building national capacity for its application.
Director-General of NiMet, Professor Charles Anosike stated this recently at
a strategic meeting with the International Sustainability Standards Board (ISSB) in Lagos.
The engagement was focused on integrating climate data into sustainability and financial reporting in Nigeria.
Anosike said meteorology provides fundamental weather and climate data that forms the foundation for sustainability reporting.
“NiMet’s data is critical for assessing the financial effectiveness of the emission factor, which is directly linked to economic and investment outcomes. Our role is to ensure that businesses and regulators have the evidence base they need for informed decision-making,” he said.
The Head of Security and Exchange Commission (SEC) Lagos Office, Mr. John Briggs , emphasized integrating NiMet’s data into the commodity value chain at the Nigerian Exchange (NGX).
Dr. Ndidi Nnoli Edozien of the IFRS Foundation added that evidence-based data is essential for investor confidence and aligning with global sustainability standards.
The meeting agreed that while climate finance provides the resources, meteorology provides the science and data that guide effective investment decisions.
Notable participants included Professor Richard Barker, ISSB Board Member; Dr. Neil Stewart; senior SEC officials; and NiMet representatives.
The engagement underscored the strategic role of meteorology in sustainability reporting, boosting transparency, investment, and Nigeria’s global competitiveness.
