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"

944

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

NRC Alleges Oyo Local Govt Chairman of Vandalizing Railway Assets Worth Millions

The Nigerian Railway Corporation (NRC) has condemned the destruction of multi-million naira...

Nigeria Now the New Global Reference Point for Policy Reform – World Bank Chief

World Bank Managing Director Anna Bjerde has hailed Nigeria as a global...

Mass Deportation: US Prepares to Send 79 Convicted Nigerians Home

At least 79 Nigerians are set to be deported as the U.S....

At Last, N1.96 trn Federation Revenue Shared Among Federal, States, LGs

The Federation Account Allocation Committee (FAAC) has shared N1.969 trillion, the December...

2,500 Kaduna’s Damau Residents Get Clean Water as REA Provides Solar Mini-Grid

More than 2,500 residents of Damau village in the Kubau Local Government...

Back Home: Tinubu Touches Down in Abuja After Türkiye Trip

President Bola Tinubu has returned to Abuja after a five-day state visit...

January Salaries Delayed as FG, States Disagree Over ₦1.97trn FAAC Funds

A persistent deadlock over the distribution of ₦1.97 trillion has halted the...

Woman’s Death Mid-Flight: Nigerian Family Presses Ethiopian Airlines for Explanation, Transparency

Grief-stricken and seeking justice, a Nigerian family has raised the alarm over...

FG’s ₦58.47trn 2026 Appropriation Bill Scales Second Reading in Green Chambers

Nigeria’s House of Representatives has given the green light to the ₦58.47...

$1trn Infrastructure: FG to Invest in Two New Satellites to Support Digital Transformation

In a major boost for Nigeria’s tech landscape, President Tinubu has approved...

Bilateral Milestone: Nigeria and Türkiye Commit to $5bln Trade Volume, Counter-Terrorism Cooperation

In a strategic move to fortify economic and security ties, Türkiye and...

“A mere stumble, not a fall” — Bayo Onanuga clarifies Pres. Tinubu’s Ankara incident

Following a minor stumble during his reception in Ankara, the Presidency has...

At Last, DHQ Confirms Thwarted Coup Plot, 16 Officers Set for Martial Court

The Defence Headquarters (DHQ) announced on Monday that a Special Investigative Panel...

Kado Dawn Raid: One Suspect Shot, Arrested After FCT Police Bust Motorists’ Robbery

The early morning calm and quietness of the Kado district in the...

Tinubu Departs Abuja Jan. 26 for High-Level State Visit to Türkiye

President Bola Tinubu will depart Abuja on Monday, January 26, for a...

Tinubu’s Minister Warns APC Against Ditching VP Shettima on 2027 Presidential Ticket

Hannatu Musawa, the Minister of Culture, Tourism, and Creative Economy, has warned...

VP Shettima Back in Abuja After High-Level Engagements Abroad

After a week-long diplomatic and economic mission to Guinea-Conakry and Switzerland, Vice...

Exclusive: Peter Obi Under Fire as APC Rep Questions His Political Credentials

Clement Jimbo, the vocal House of Representatives member from Akwa Ibom, has...

Kudirat Abiola’s Murder Case Closed: Supreme Court Dismisses Charges Against Al-Mustapha

The Supreme Court has finally ended the decades-long legal battle surrounding the...

Tinubu Gives Green Light to Oil Drilling in Ogun Waterside, Approves Olokola Deep Seaport

Ogun State is poised to join the league of oil-producing states following...