The Director-General/CEO of the Nigerian Meteorological Agency (NiMet) and Nigeria’s Permanent Representative with the World Meteorological Organization (WMO), Professor Charles Anosike, on Tuesday, 9th September 2025, held a strategic meeting with members of the International Sustainability Standards Board (ISSB) at the Securities and Exchange Commission (SEC) office in Lagos. The engagement aimed to advance meteorological data integration into sustainability and financial reporting frameworks.
In his remarks, Prof. Anosike emphasized NiMet’s central role in providing reliable climate and weather information that underpins investment, risk management, and policy decisions. “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.
NiMet also made a presentation titled “Socio-Economic Benefits of Agricultural Meteorology in an Emerging Economy: Risks and Opportunities.” The presentation showcased how timely forecasts have helped Nigerian farmers reduce post-harvest losses, improve yields, and enhance food security. It further highlighted NiMet’s role in supporting climate adaptation strategies and unlocking financial opportunities for agribusinesses and other climate-sensitive sectors.
Responding to the presentation, Mr. John Briggs, Head of SEC Lagos Office, welcomed the collaboration and stressed the need to embed NiMet’s data into the commodity value chain at the Nigerian Exchange (NGX). He noted that this would strengthen transparency and boost market confidence.
Similarly, Dr. Ndidi Nnoli Edozien of the IFRS Foundation underscored the importance of evidence-based meteorological data in aligning with global sustainability standards and attracting local and international investment.
The meeting concluded that while climate finance provides the resources, meteorology provides the scientific foundation to guide how, where, and when those resources are deployed.
Notable participants included Professor Richard Barker, an ISSB Board Member; Dr. Neil Stewart; and senior representatives of NiMet and SEC.
The strategic engagement underscored the importance of linking meteorology with sustainability reporting to promote accountability, drive innovation, and strengthen Nigeria’s global competitiveness.
