- He stressed the importance of collaboration
Vice President Kashim Shettima has emphasized the urgent need for financial innovation to advance Nigeria’s economic and financial inclusion agenda.
Speaking at a high-level policy dialogue in Washington DC, Shettima reiterated the commitment of President Bola Ahmed Tinubu’s administration to integrate over 30 million unbanked Nigerians into the formal financial sector.
The event, held at George Washington University, convened government officials, regulators, law enforcement agencies, and fintech industry leaders to discuss sustainable and inclusive financial strategies for Nigeria.
Via video conference, Shettima stressed the importance of collaboration to achieve economic and financial inclusion, in line with the administration’s Renewed Hope Agenda. “We must develop a sustainable collaboration approach that will facilitate the adoption of inclusive payment,” he said in a statement by his spokesman, Stanley Nkwocha.
The dialogue addressed key challenges in Nigeria’s fintech ecosystem, such as regulatory oversight, security concerns, and trust issues, and explored strategies to enhance interagency collaboration and strengthen the financial services sector.