The Nigerian Meteorological Agency (NiMET) and the Central Bank of Nigeria (CBN) have signed a landmark agreement, aimed at strengthening data sharing to support economic research and policy formulation.
The agreement was signed at the CBN headquarters in Abuja, by the Director-General and Chief Executive Officer of NiMet, Prof. Charles Anosike, and the Deputy Governor, Economic Policy Directorate of the CBN, Muhammad Abdullahi.
Key Highlights:
- Nigerian Meteorological Agency and Central Bank of Nigeria signed a data-sharing agreement to support economic planning and research.
- The partnership will integrate weather and climate data into policymaking, especially in agriculture, energy, and transportation.
- NiMet said climate information is increasingly important for food security and managing extreme weather risks.
- The CBN noted that meteorological data supports inflation tracking and agricultural assessments.
- Both agencies said the agreement will strengthen evidence-based policymaking and national development planning.
Speaking during the event, Prof. Anosike said integrating weather and climate data into economic planning has become increasingly important, particularly in agriculture, transportation, and energy sectors.
According to him, extreme weather conditions continue to threaten agricultural productivity and food security across Africa and the world.
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He noted that the partnership aligns with the agenda of the Tinubu administration, especially its focus on improving food security through large-scale agricultural investments and mechanised farming initiatives.
Prof. Anosike cited recent global reports, warning about worsening climate conditions, including projections that 2026 could rank among the warmest years ever recorded.
In his remarks, Abdullahi described the agreement as a major step toward strengthening collaboration between two critical national institutions whose responsibilities intersect in research, statistics, and policy support.
He explained that the CBN relies heavily on credible meteorological and climate data for inflation tracking, agricultural assessments, and broader economic policy decisions.
According to him, stronger institutional cooperation will improve evidence-based policymaking and enhance Nigeria’s national data systems.
The agreement is expected to deepen collaboration between both agencies in the use of climate intelligence and economic data to support national development planning.
