• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business Sustainability

Shettima seeks sustainable global collaboration to drive Nigeria’s economic inclusion

Quadri Olaitan by Quadri Olaitan
July 19, 2024
in Sustainability
0
Shettima seeks sustainable global collaboration to drive Nigeria’s economic inclusion

Vice President Kashim Shettima has said there is an urgent need for financial innovation to drive Nigeria’s economic and financial inclusion agenda.

This, he said, is in line with the commitment of the President Bola Tinubu’s administration to bringing over 30 million unbanked Nigerians into the formal financial sector.

 

Also read: We’re driving economic revolution in Nigeria – AIG boss

 

Shettima made the call Thursday during a high-level policy dialogue between the Nigerian government and private sector stakeholders held in Washington DC, the United States capital.

The initiative, which brought together government officials, regulators, law enforcement agencies, and fintech industry leaders at the George Washington University, aims to leverage innovative approaches to drive a sustainable and inclusive financial system in Nigeria.

Addressing the participants via video conference, the Vice President, according to a release issued by his Media Assistant, Stanley Nkwocha, highlighted President Tinubu’s commitment to bringing over 30 million unbanked Nigerians into the formal financial sector in line with the administration’s Renewed Hope Agenda.

“We must develop a sustainable collaboration approach that will facilitate the adoption of inclusive payment to achieve our objective of economic and financial inclusion,” he stated.

The dialogue focused on addressing critical challenges in Nigeria’s fintech ecosystem, including regulatory oversight, security concerns, and trust issues that have hindered the widespread adoption of innovative financial solutions.

Participants explored strategies to enhance interagency collaboration and strengthen the overall effectiveness of the financial services sector.

Earlier, the Deputy Chief of Staff to the President, Senator Ibrahim Hadejia, said, “While the Office of the Vice President has given priority to economic and financial inclusion, it is expected that each agency of government will continue to play their statutory role collaboratively to achieve the set objective.”

Also speaking, Deputy Governor of the Central Bank of Nigeria in charge of Financial System Stability, Philip Ikeazor, noted the need for ongoing collaboration among all players to achieve the objectives of the Aso Accord on Economic and Financial Inclusion.

Director General of the National Information Technology Agency, Kashifu Inuwa Abdullahi, proposed “a Digital-first approach and the need to fuse Digital Literacy with Financial literacy as a means to address trust issues affecting the inclusive payment ecosystem.”

This is just as the GMD of Moniepoint, Tosin Eniolorunda, said, “Addressing trust issues that have slowed down the adoption of innovative Fintech solutions for economic and financial inclusion can be addressed through public-private collaborations.”

In his remarks, the Technical Advisor to the President on Economic and Financial Inclusion, Dr. Nurudeen Zauro, explained that the gathering will eventually evolve into a mechanism that will provide relevant information to the Office of the Vice President to facilitate effective decision-making for economic and financial inclusion.

The high-level engagement resulted in various recommendations covering rules, infrastructure, and coordination, with a focus on implementable actions and clear accountabilities.

Quadri Olaitan
Quadri Olaitan

Related Posts

Dr. Adesola Adeduntan FirstBank CEO
Sustainability

‘Adopt kindness’ FirstBank celebrates 2021 Corporate Responsibility and Sustainability Week

by Freelanews
July 21, 2021
District Governor Lanre Adedoyin
Sustainability

District Governor Lanre Adedoyin inspires new Rotary awareness team

by Rtn. Victor Ojelabi
October 20, 2025
School feeding programme
Sustainability

FG explores public-private partnership funding of school feeding programme

by Quadri Olaitan
February 9, 2024
Market pix 8 4 17
Sustainability

Fintech announces grants for female SME owners in 5 African countries

by Freelanews
March 10, 2020
President Tinubu second term bid
Sustainability

FG to empower 10 million women by 2027

by Quadri Olaitan
March 7, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Nestoil

Nestoil placed under receivership over $1bn debt

October 28, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
WAEC 2025

WAEC dismisses 2026 subject restriction reports

October 28, 2025
Ondo road

Ondo road construction boosts state development

October 28, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Nestoil

Nestoil placed under receivership over $1bn debt

October 28, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
WAEC 2025

WAEC dismisses 2026 subject restriction reports

October 28, 2025
Ondo road

Ondo road construction boosts state development

October 28, 2025
October 2025
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Hot!

Nestoil

Nestoil placed under receivership over $1bn debt

October 28, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.