Tinubu Administration Has Taken Steps To Address Poverty And Insecurity By Implementing A Nationwide Financial Inclusion Plan

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The Nigerian government under President Bola Ahmed Tinubu aims to combat poverty and insecurity by implementing financial inclusion for all citizens. Senator Ibrahim Hassan Hadejia, Deputy Chief of Staff to the President, confirmed this in a statement to the media.

He stated that high-level discussions are ongoing to establish a plan for integrating unbanked Nigerians into the official financial system. Hadejia emphasized that this is a key priority within President Tinubu’s “Renewed Hope Agenda.”

President Tinubu’s Renewed Hope Agenda prioritizes economic and financial inclusion for all Nigerians.

According to Hadejia, this involves integrating underserved and unbanked individuals into the formal financial system, allowing them to access affordable financial services.

A two-day workshop in Abuja aims to raise awareness and plan for boosting financial inclusion nationwide. Hadejia highlighted the importance of making financial services accessible and convenient, including transaction accounts, savings, payments, transfers, credit, pension, e-commerce, and insurance (including health insurance).

The Vice President and head of the National Council on Nutrition, Senator Kashim Shettima, is dedicated to ensuring the national financial inclusion strategy succeeds.

The Technical Advisor to the President on Financial Inclusion, Dr. Nurudeen Abubakar Zauro, mentioned the notable attendees expected at the workshop.

Tinubu administration has taken steps to address poverty and insecurity by implementing a nationwide financial inclusion plan 1

These include the Central Bank of Nigeria Governor, Mr. Olayemi Cardoso, who will present a key paper. The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, will also present a key paper on financial inclusion in Nigeria.

Governor AbdulRazaq of Kwara State and National Governor’s Forum Chairman, Professor Charles Soludo (former CBN Governor and current Anambra State Governor), and the 14th Emir of Kano, Alhaji Muhammad Sanusi II, will all be present.

Representatives from the World Bank, the Bill and Melinda Gates Foundation, and the Alliance for Financial Inclusion will also participate, along with professionals from the industry.

Private sector leaders like Fintech Associates and EFInA, as well as traditional leaders like the Ooni of Ife, Oba Adeyeye Ogunwusi, will be present in Nigeria. Sola Bickersteth, Director-General of the Financial Inclusion Centres.