NiMet, Financial Reporting Council To Collaborate In Promoting Sustainability Practices | Independent Newspaper Nigeria

2024-05-13 20:30:44

Independent Newspapers Nigeria

ABUJA - Officials of the Nigerian Meteorological Agency (NiMet), and the Financial Reporting Council (FRC) of Nigeria, met on Monday to discuss areas of partnership towards improving sustainability practices by corporate organizations in Nigeria.

This was revealed on Monday during a courtesy visit on the Executive Secretary and Chief Executive Officer of FRC in Abuja, Dr. Rabiu Olowo.

The Director General and Chief Executive Officer of NiMet, Professor Charles Anosike noted that climate change has become a priority for financial regulators.

"Climate change is fast becoming a priority for financial regulators. The work we do at NiMet through our weather and climate reports are the foundation for sustainability practices.

"This partnership will enable NiMet and FRC to jointly develop capacity," he said.

While welcoming the NiMet team, Dr. Olowo stressed that opportunities for alignment between NiMet and FRC exist in fulfilling the core mandates of the two agencies.

"There are opportunities for alignment between NiMet and FRC in fulfilling the core mandates of the two agencies, especially in the areas of sustainability reporting, climate risks and opportunities.

"Although we are championing sustainability reporting, FRC is also promoting sustainable practices among Nigerian organizations".

Some directors and senior staff of the two agencies were present during the courtesy visit.

2024-05-13 News