Private Sector, Development Partners Vital to Nigeria’s $1 Trillion Economic Vision – Shettima

• Vice President Kashim Shettima urges stakeholders to address systemic inequalities and promote financial inclusion to achieve Nigeria’s $1 trillion economy goal by 2030
• Shettima highlights low digital financial services penetration among women, emphasizing the need for collaboration to foster economic growth and inclusion

Vice President Kashim Shettima has called on development partners and other stakeholders to address systemic inequalities and promote an inclusive financial system.

He said this is critical for Nigeria to achieve its ambitious goal of becoming a $1 trillion economy by 2030.

Speaking at the inaugural Development Partners Roundtable on Economic and Financial Inclusion held at the Presidential Villa, Abuja, Shettima stressed the need for robust engagement from the private sector and development partners.

He warned that without their active participation, the vision of a $1 trillion economy will remain unattainable.

Represented by the Special Adviser to the President on General Duties (Office of the Vice President), Aliyu Modibbo Umar, Shettima highlighted significant urgent challenges.

He pointed to low digital financial services penetration among women. He identified socio-economic barriers such as low incomes, limited education, and restricted access to financial tools like credit and insurance as contributors to these inequalities.

The vice president’s remarks underscore the importance of collaboration between the government, private sector, and international partners to foster economic growth and financial inclusion in Nigeria.