14/04/2026
At the ISSB Capacity Building Workshop, the Director-General of the National Council on Climate Change (NCCC), Dr. (Mrs.) Omotenioye Majekodunmi, underscored the growing importance of sustainability reporting in today’s financial ecosystem.
She noted that the adoption of IFRS S1 and S2 standards marks a significant shift — positioning sustainability disclosure not just as a compliance requirement, but as a core driver of financial transparency, risk management, and long-term value creation.
Highlighting Nigeria’s early adoption of the ISSB framework, the Director-General emphasized its alignment with the Renewed Hope Agenda, reinforcing efforts to strengthen investor confidence, support economic reform, and enhance national competitiveness under the leadership of President Bola Ahmed Tinubu.
She further stated that this proactive approach places Nigeria at the forefront of climate-aligned finance in Africa, opening new opportunities in green finance, carbon markets, and sustainable investment.
The Director-General stressed that credible sustainability disclosures are critical to improving accountability, mitigating greenwashing risks, and enabling institutions to better anticipate and manage climate-related financial risks.
She concluded by calling on stakeholders across the public and private sectors to embrace these standards as practical tools for building a more transparent, resilient, and future-ready financial system.
Nigeria