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Nigeria Committed To Sustainable Financial Reporting Standards – Tinubu

President Bola Tinubu has 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.

The President gave the assurance during a meeting on Thursday in Abuja with the International Sustainability Standards Board (ISSB) Chair, Mr. Emmanuel Faber.

The President’s endorsement coincides with the launch of Nigeria’s Adoption Readiness Roadmap by the Financial Reporting Council of Nigeria (FRC), in collaboration with ISSB.

This roadmap aims to guide businesses towards comprehensive sustainability reporting standards.

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.

Nigeria Committed To Sustainable Financial Reporting Standards - Tinubu

”As an administration, we are committed to adopting cutting-edge models for financial reporting and process standardization. This applies to environmental regulation, where we are on the verge of significantly reducing the volume of gas flaring in the country. We are more transparent than ever before, and we are doing everything possible to represent the continent in a way that will be beneficial to humanity as a whole,” the President stated.

ISSB Chair, Mr. Emmanuel 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.

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Politics

Update: Guests Arrive For Swearing-in Ceremony of New Edo Deputy Governor

Latest Politics updatein nigeria

The festival hall of the Edo government house has begun witnessing the arrival of guests for the swearing-in ceremony of the new Deputy Governor.

Lifestyle Nigeria reports that Edo State Governor, Godwin Obaseki appointed Omobayo Marvellous Godwins, a 37-year-old Engineer, as his deputy.

The development follows the removal of Comrade Philip Shaibu as Edo State Deputy Governor.

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Why Nigeria Is A Disgrace To The World – Ex-Chief Of Defence, T.Y Danjuma

Lifestyle Nigeria gathered A former Chief of Defence Staff, General Theophilus Y. Danjuma, (rtd), says that Nigeria’s security challenges have made the country become a laughing stock and a disgrace to the world.

General Danjuma, while speaking at the annual Nwonyo Fishing and Cultural Festival in Ibbi Local Government Area of Taraba State on Friday, advised that urgent steps must be taken to address the security challenges facing the country.

“Nigerian authority must take urgent measures to redeem the battered image of the country by addressing the security challenges confronting the nation,” he said.

The retired General maintained that no person, especially foreigners, would be willing to come to the country to invest or visit tourist sites when their security was not guaranteed.

“No person or group of persons will want to come to our state or country if we continue to kill and butcher ourselves,” he noted.

The retired general further lamented the security challenges across Nigeria, adding that the ugly situation required immediate attention of the government.

He urged that all hands must be on deck in order to put “the right pegs in the right holes.”

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Politics

[JUST IN] Ondo APC Primary: Kogi gov, Ododo In Heated Argument With Guber aspirants

Latest Politics updatein nigeria

 

 

 

Lifestyle Nigeria gathered that Governor Usman Ododo of Kogi State and one of the All Progressives Congress, APC, governorship aspirants in Ondo State, Gbenga Edema, on Saturday, clashed over the distribution of election materials for the party’s primary.

Ododo and Edema were caught in a heated exchange BON hotel in Akure.

The Kogi State governor is the chairman of the seven-member committee overseeing the Ondo APC governorship primary.

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