Vice-President Kashim Shettima on Monday reaffirmed President Bola Tinubu’s commitment to economic reforms aimed at fostering inclusive growth and bridging financial gaps across the country.
Shettima spoke in Abuja on Monday while inaugurating the presidential committee on economic and financial inclusion (PreCEFI) at the presidential villa.
The initiative is part of the federal government’s broader strategy to achieve a $1 trillion economy by 2030.
As part of the event, private sector stakeholders signed an investment agreement to provide the foundational infrastructure necessary for the full implementation of the Aso Accord Initiative.
The Aso Accord, signed on April 25, 2024, is a key pillar of the Tinubu administration’s renewed hope agenda, aimed at transforming Nigeria’s economic landscape.
Shettima urged all stakeholders to support the government’s efforts to bridge financial gaps for millions of unbanked Nigerians.
“Our journey to a $1 trillion economy by 2030 will remain a mere wish unless we lay a foundation strong enough to carry our dreams,” he stated.
“Dreams are not built on hope alone. They are the sum of deliberate ideas and strategies, inspired by our desire to win.”
He highlighted that youths, women, MSMEs, rural communities, and certain regions continue to face systemic barriers that hinder their economic potential.
Shettima explained that the presidential committee will operate through two key structures:
These will be supported by an implementation secretariat, ensuring a robust and adaptable approach to financial and economic inclusion.
Nurudeen Zauro, technical adviser to the president on economic and financial inclusion, noted that the inauguration of PreCEFI marks a significant step toward inclusive growth and the realization of the $1 trillion economic goal.
Peter Mbah, governor of Enugu, said economic and financial inclusion has been instrumental in driving a surge in the state’s internally generated revenue (IGR).
Also, Uba Sani, governor of Kaduna, welcomed the initiative, stressing that financial inclusion is long overdue.
He highlighted the urgent need for digital infrastructure and improved network connectivity, particularly in northern Nigeria, where these gaps are most pronounced.
Emmanuel Itapson, president of IQS Africa, expressed enthusiasm about contributing to the national renewal agenda.
Wale Edun, minister of finance and coordinating minister of the economy, assured that the ministry remains fully committed to executing the mandates of the presidential committee.
“The ministry will take responsibility for translating the vision of the Aso Accord into actionable and impactful reforms and programs,” Edun stated.
The launch of PreCEFI is expected to drive policies that will expand financial access, strengthen economic resilience, and pave the way for sustainable growth in Nigeria.
