Each covers a different category of company. Confirm your own position against the primary sources at the foot of this page.
2028
FRC · Public interest entities
Public interest entities report under the national framework.
2030
SMEs · Small & medium enterprises
The reporting net widens to smaller companies.
This is the single most expensive misunderstanding in Nigerian sustainability reporting, so it is worth stating plainly.
A sustainability disclosure reports on a completed financial year. If your first mandatory reporting year is 2027, the document you file describes what happened during 2027 — which means the meter readings, fuel deliveries and supplier responses it is built from are being generated now, and either being captured or being lost.
Companies that plan against the filing date arrive at it with no data and one option: reconstruct a year from old invoices, bank statements and memory. That reconstruction costs more than the collection would have, takes longer, and produces a disclosure with a visibly weaker evidence trail — which is exactly what an assurance provider looks for.
Plan against the start of the reporting year instead. That is the deadline that determines what your first disclosure can say.
For a large number of Nigerian companies, the binding date is set by somebody other than the regulator.
Start with what cannot be reconstructed. Everything here can be captured by one person with a folder and a discipline.
The deadline checker asks four questions and returns your first mandatory reporting year, the framework you file under, and what to start collecting. No email needed to begin.
Your sustainability disclosure aligns with your financial reporting period, not the calendar. If your year ends in June, your first mandatory reporting period is the financial year that falls within the mandate’s first year — which can mean your data collection needs to begin earlier than a calendar-year company’s. Confirm the alignment with your auditor.
Yes, and there are good reasons to. A voluntary cycle before the mandate is the cheapest possible dry run: you find the gaps with no regulatory consequence, and you arrive at your first mandatory year with comparatives you were not required to have.
They might. Adoption timetables have shifted in several jurisdictions. What does not move is the data: a company that has been collecting for two years is ready whenever the date lands, and a company that has not is exposed to the date being brought forward as much as to it being pushed back.
A summary of a regulation is not the regulation. These are the primary documents this page is based on.
Four questions, and you get the year you first file, the framework, and what to collect first.
Plain-language explainers of the FRC and SEC rules, ISSB S1 & S2, and what each asks you to disclose.
What a consultant-led reporting cycle costs against an annual licence, in Naira.
