The Nigerian Meteorological Agency (NiMet), led by its Director General and Chief Executive Officer, Prof. Charles Anosike, signed a landmark Memorandum of Understanding (MoU) with the Central Bank of Nigeria (CBN) on data sharing at the CBN Head Office in Abuja, on Wednesday.
Speaking at the event, Prof. Charles Anosike underscored the relevance of integrating weather and climate data into economic research, especially in sectors such as agriculture, energy, and transportation.
He noted that extreme weather events can reduce agricultural productivity and threaten food security.
Prof. Anosike cited the World Bank (2026), which reports that extreme weather driven by climate change is significantly affecting global food security, with more than 87 million people facing hunger in East and Southern Africa and 52 million in West and Central Africa. He also referenced the Berkeley Earth Report (2026), which projects that 2026 is likely to be the fourth warmest year on record, a trend that continues to shape agricultural and energy market projections.
On his part, Muhammad Sani Abdullahi, Deputy Governor, Economic Policy Directorate of the CBN, said the signing of the MoU is both timely and important as it marked an important step in strengthening the partnership between two key national institutions whose mandates intersect in data, research, and policy support.
He emphasized that, in an increasingly complex and dynamic economic environment, timely and reliable data remain essential for effective policy decisions
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