Top Story

VP Shettima Reaffirms Tinubu’s Commitment to Bridging Financial Gaps, Achieving $1trn Economy

"We welcome this investment as an opportunity to catalyse growth for our startups and MSMEs, create jobs, and propel Nigeria towards the $1 trillion economy target by 2030"

907

Vice President Kashim Shettima has reaffirmed President Bola Tinubu’s commitment to economic reforms that prioritize inclusive growth and bridging financial gaps across the country aimed at attaining the $1 trillion economy by year 2030.

Speaking during the inauguration of the Presidential Committee on Economic and Financial Inclusion (PreCEFI) on Monday, Shettima stressed the need for deliberate ideas and strategies to achieve Nigeria’s economic aspirations.

“Our road to a $1 trillion economy by 2030 shall remain a mere wish unless we lay a foundation strong enough to carry our dreams,” Shettima said.

“Dreams are not built on hope alone. They are the sum of deliberate ideas and strategies, inspired by our desire to win.”

The vice president noted that despite progress made since the launch of the Financial Inclusion Strategy in 2012, with inclusion rates improving from 60.3% to 74% as of 2023, millions of Nigerians remain locked out of the financial system.

He called on all stakeholders to support the government’s efforts to bridge financial gaps for the unbanked population.

The inauguration of PreCEFI is part of the federal government’s commitment to achieving a trillion-dollar economy by 2030.

The committee will operate through the Governance Committee (GovCo) and a Technical Committee (TechCo), supported by an Implementation Secretariat.

He added: “We welcome this investment as an opportunity to catalyse growth for our startups and MSMEs, create jobs, and propel Nigeria towards the $1 trillion economy target by 2030.

“This is not merely another government initiative. This is a higher calling—a national duty to bridge the economic divide and maximise the full potential of our people.

“The inauguration of this committee and the formalisation of this investment commitment reinforce President Tinubu’s pledge to an inclusive economy—a vision that has been endorsed by the National Economic Council (NEC).”

IQS Africa is leading a consortium of core investors committed to providing essential infrastructure for the Aso Accord’s implementation.

The statement President/CEO of IQS, Mr. Emmanuel Itapson, praised President Tinubu’s exemplary leadership, saying, “No nation has ever achieved a great leap in its move towards greatness without a leadership that paints a vision that summons and harnesses the best and the most out of its people.”

Leave a comment

Related Articles

Tinubu in Abu Dhabi for Sustainability Summit, Strengthens Nigeria-UAE Ties

President Bola Tinubu arrived in Abu Dhabi on Sunday night to attend...

Tinubu Orders Full-Scale Hunt for Terrorists Behind Kasuwan Daji Massacre

President Bola Ahmed Tinubu has condemned the “barbaric” attack on Kasuwan Daji...

Just In: Detained Malami, son, wife not yet off the hooks, bail deferred to Jan. 7

The hopes of former Attorney-General Abubakar Malami and his family to celebrate...

Just in: New Year Gesture: Akpabio Withdraws Suits Against Natasha, Others

Inspired by a New Year’s message on forgiveness, Senate President Godswill Akpabio...

Anthony Joshua Discharged from Hospital After Fatal Car Crash in Ogun

World heavyweight boxing champion Anthony Joshua has been discharged from the hospital...

Tinubu’s New Year Vow: More Reforms, Safer Nigeria

President Bola Tinubu has declared that Nigeria is entering a “robust phase”...

Super Eagles Clinch Top Spot With 3-1 Victory Over Uganda

Nigeria’s Super Eagles wrapped up their AFCON 2025 group stage campaign with...

No Going Back: New Tax Laws Will Commence on January 1, 2026 – Pres. Tinubu

In a State House statement issued on Tuesday, the Presidency said all...

Just in: Ex-Justice Minister Malami, son, wife remanded at Kuje prison pending bail

Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN),...

Governors, British Envoy Visit Anthony Joshua in Lagos Hospital After Fatal Crash

British Deputy Head of Mission, Simon Field, visited world heavyweight champion Anthony...

Nigeria’s Economy Remains Stable Amidst Counterterrorism Operation – Finance Minister Edun

Nigeria’s financial markets are holding strong despite the recent joint counterterrorism operation...

Nationwide Blackout: Nigeria’s National Grid Fails Again

Nigeria was plunged into darkness on Monday following yet another collapse of...

Anthony Joshua Survives Road Crash in Ogun, Two Feared Dead

World-renowned British-Nigerian boxer Anthony Joshua was involved in a serious road accident...

Air Peace CEO Sounds Alarm Over Jan. 1 New Tax Law, May Push Ticket Prices Above ₦1m

Nigeria’s aviation sector is on the brink of collapse as new tax...

Breaking: AFCON 2025: Nigeria Stun Tunisia 3-2, Secure Round of 16 Spot

Nigeria has secured a spot in the Round of 16 at the...

Security Boost: FG Deploys 7,000 Forest Guards in 7-State Pilot Programme

The Federal Government says it is deploying 7,000 newly trained forest guards...

SGF George Akume Ties the Knot with Ooni’s Ex-Queen Zaynab

Sen. George Akume, the Secretary to the Government of the Federation (SGF),...

Alleged Alteration: NASS to Re-gazzette Tax Laws, Says Reps Spokesperson

The National Assembly has directed its Clerk to re-gazette the nation’s tax...

FG Confirms US Airstrikes Against ISWAP Terrorists in Northwest

Following the Christmas day US air strikes against terrorist targets in the...

Christmas Day Strike: Trump Says U.S. Hit ISIS Targets in Northern Nigeria

U.S. President Donald Trump on Christmas Day announced that American forces carried...