President Bola Tinubu said Nigeria has become more transparent than ever, vowing that his administration will be deploying cutting-edge models to achieve financial reporting and process standardization. President Tinubu also affirmed Nigeria’s commitment to diligently implement world-leading sustainability reporting standards aimed at unlocking capital investments, transforming business models, and safeguarding the environment in the country. According to a statement by his Special Adviser on Media and Publicity, Ajuri Ngelale, the President spoke during a meeting at the State House in Abuja, with the Chairman of the International Sustainability Standards Board (ISSB), Mr. Emmanuel Faber.
Highlighting the importance of compliance within the sustainability agenda, President Tinubu pledged that Nigeria would continue to adhere to international standards and expressed readiness to collaborate with ISSB to effectively harness national resources through reformed and reinforced financial management systems. Faber, while recounting Nigeria’s commitment to sustainability reporting, noted that at COP 27 in Sharm el-Sheikh, Egypt, in 2022, Africa’s largest economy had expressed its intent to be among the earliest adopters of rigorous new standards, which is now a reality.
