National News
Bridging Financial Inclusion Gaps Key To $1trn Economy Vision – VP Shettima
Bridging Financial Inclusion Gaps Key To $1trn Economy Vision – VP Shettima
*** Urges stakeholders to tackle inequalities, foster inclusive financial system
By: Our Reporter
The Vice President, Senator Kashim Shettima, has implored development partners and other stakeholders to bridge systemic inequalities and foster an inclusive, unbiased financial system that benefits all Nigerians irrespective of gender or geography.
In this regard, he identified some unsettling gaps yawning for serious attention, including low penetration of digital financial services among women, just as he listed some socio-economic barriers behind these inequalities including low incomes, limited education, and restricted access to financial tools like credit and insurance.
The Vice President gave the charge on Wednesday during the inaugural Development Partners Roundtable on Economic and Financial Inclusion at the Presidential Villa, Abuja.

VP Shettima who was represented by Special Adviser to the President on General Duties (Office of the Vice President), Aliyu Modibbo Umar, warned that Nigeria’s vision of building a $1 trillion economy by 2030 will remain an illusion except the private sector and development partners are fully engaged.
He stated: “We have come this far because we are continually assessing the extent of economic and financial inclusion in Nigeria. However, the results of this assessment reveal some disturbing gaps that demand our urgent attention. One such gaps is the low penetration of digital financial services among women—only 23% compared to 43% for men.
“This, as we have learned, is driven by socio-economic barriers such as low income, limited education, and restricted access to financial tools like credit and insurance. Women in the northwest and northeast are particularly disadvantaged. The task before us, then, is clear: to bridge these systemic inequalities and foster an inclusive, equitable financial system that benefits all Nigerians, regardless of gender or geography.”
Senator Shettima however expressed optimism that the inaugural roundtable will provide a fertile ground for meaningful conversation that would “pave the way for a future where every Nigerian is a significant part of the nation’s financial data.”
He continued: “This roundtable is yet another important opportunity to harness our collective potential and chart a sustainable path forward. It is designed to provide a holistic view of the obstacles impeding economic and financial inclusion in Nigeria.
“As we engage in discussions today, I invite all of us to join hands, collaborate, and align our efforts in crafting lasting solutions. Whatever we do as a government, we know it cannot materialise fully unless we work together with you—our development partners, the private sector, and all stakeholders committed to progress.”
The VP hinted at the inauguration of a Presidential Committee for the Implementation of the Aso Accord, saying it will guarantee the success of the initiative championed by President Bola Ahmed Tinubu.
“Distinguished ladies and gentlemen, to guarantee the success of the transformative initiatives championed by His Excellency, President Bola Ahmed Tinubu, I am pleased to announce the inauguration of a Presidential Committee for the Implementation of the Aso Accord.
“It is my honour to chair this Governance Committee, which will primarily consist of the esteemed signatories to the Aso Accord, reflecting our collective commitment to ensuring its success. The Committee will be backed by a dedicated secretariat housed within the Office of the Vice President,” he noted.
Noting that discussions on the state of economic and financial inclusion in Nigeria had become a matter of priority at the National Economic Council (NEC) since April of this year, VP Shettima said, “The committee will report to the NEC on a quarterly basis to ensure that the integrated framework we have established not only implements the Aso Accord effectively but also achieves its ambitious goals.
“Once again, I call on all development partners here today to collaborate with this team to ensure the successful implementation of the Aso Accord. Your support is critical to this mission. We will rely on your technical expertise and continued assistance in accelerating the implementation of specific programmes and initiatives. None of us can deliver on this task in isolation,” he added.
Earlier, the Deputy Governor of Bayelsa State, Mr Lawrence Ewhrudjakpo, who spoke on behalf of the subnationals, commended President Tinubu for giving Nigeria visionary leadership.
He said the successes being recorded by the nation in the economic and other sectors show that Nigeria is on the right track.
The Deputy Governor who represented the Bayelsa State Governor maintained that rural communities should be well accommodated in the scheme of things to enhance inclusive development.
Minister of Livestock Development, Idi Maiha, called for effective strategies to include more farmers, petty traders and others who are in poor financial stages, in the financial inclusion programme in order to achieve its goals.
Minister of State for Humanitarian Affairs, Dr Yusuf Sununu, who said the ministry plays a big role in providing financial intervention and inclusion, added that the ministry will ensure social justice, environmental protection and growth through its social intervention programmes like Conditional Cash Transfer and School Feeding.
He assured beneficiaries of accountability and transparency in the implementation of all the programmes of the ministry.
On his part, Technical Adviser to the President on Economic and Financial Inclusion, Dr Nurudeen Zauro, said the roundtable was a defining moment for the financial inclusion strategy of the Nigerian government.
“Today’s gathering is a defining moment in our collective journey towards creating a more equitable, inclusive and prosperous Nigeria. In this hall, we have stakeholders comprising individuals and institutions who are united by a shared commitment to transforming lives through inclusive, economic and financial systems in Nigeria,” he said.
Dr Zauro added that the Aso Accord that seeks to promote financial inclusion is also a blueprint for action guided by the drive to unlock full potential and enhance socio-economic growth, leading to the building of a resilient and inclusive future for all Nigerians.
On her part, the Deputy Chairperson of the African Union Commission, Monique Nsanzabaganwa, hailed Nigeria’s reforms, which she said are feasible.
She congratulated Nigeria for implementing the Aso Accord on Financial Inclusion, just as she solicited more support for women and MSMEs.
Bridging Financial Inclusion Gaps Key To $1trn Economy Vision – VP Shettima
National News
UK, Nigeria Launch Flagship Economic Reform Programmes to Strengthen Stability and Drive Economic Growth
UK, Nigeria Launch Flagship Economic Reform Programmes to Strengthen Stability and Drive Economic Growth
By: Michael Mike
The British High Commission in Abuja has launched two flagship economic reform programmes – the Nigeria Economic Stability & Transformation (NEST) programme and the Nigeria Public Finance Facility (NPFF) – reaffirming the United Kingdom’s long-term commitment to supporting Nigeria’s economic reform and growth agenda.
Backed by a £12.4 million UK investment, NEST and NPFF sit at the centre of the UK-Nigeria mutual growth partnership and support Nigeria’s efforts to strengthen macroeconomic stability, improve fiscal resilience, and create a more competitive environment for investment and private-sector growth.
Speaking at the launch, Head of Development Cooperation at the British High Commission in Abuja, Cynthia Rowe, said: “These two programmes sit at the heart of our economic development cooperation with Nigeria. They reflect a shared commitment to strengthening the fundamentals that matter most for our stability, confidence, and long-term growth.”

The launch followed the inaugural meeting of the Joint UK-Nigeria Steering Committee, which endorsed the approach of both programmes and confirmed strong alignment between the UK and Nigeria on priority areas for delivery.
Representing the Government of Nigeria, Special Adviser to the President of Nigeria on Finance and the Economy, Sanyade Okoli, welcomed the collaboration: “We welcome the United Kingdom’s support through these new programmes as a strong demonstration of our shared commitment to Nigeria’s economic stability and long-term prosperity. At a time when we are implementing critical reforms to strengthen fiscal resilience, improve macroeconomic stability, and unlock inclusive growth, this partnership will provide valuable technical support. Together, we are laying the foundation for a more resilient economy that delivers sustainable development and improved livelihoods for all Nigerians.”
On his part, the British Deputy High Commissioner in Lagos, Jonny Baxter, highlighted the significance of the programmes within the wider UK-Nigeria mutual growth partnership:
He said: “NEST and NPFF are central to our shared approach to strengthening the foundations that underpin long-term economic prosperity. They sit firmly within the UK-Nigeria mutual growth partnership.”
The launch was attended by senior officials from the Federal Ministry of Finance, Central Bank of Nigeria, Federal Inland Revenue Service, Debt Management Office, Budget Office of the Federation, and international development partners.
UK, Nigeria Launch Flagship Economic Reform Programmes to Strengthen Stability and Drive Economic Growth
National News
NIS-Flags-Off 2025 Service Delivery Reforms
NIS-Flags-Off 2025 Service Delivery Reforms
By: Michael Mike
The Nigerian Immigration Service (NIS) has formally launched its 2025 national sensitisation campaign aimed at strengthening transparency, improving efficiency and deepening anti-corruption reforms across its operations nationwide.
The flag-off ceremony, held in Abuja, brought together senior officers of the NIS, representatives of key security agencies, members of the diplomatic community, civil society actors and the media.
The Comptroller General of Immigration, Kemi Nandap emphasised that the campaign, themed: “Elevating for Transparency and Efficiency: Strengthening Service Delivery and Combating Corruption through Reforms,” represents a renewed commitment by the Service to uphold accountability and build a modern, trusted and globally competitive institution.
She said: “This campaign is not merely a slogan. It is our collective pact with Nigerians that service must be transparent, efficient and accountable.”
The CG disclosed that the NIS has expanded its digital architecture to simplify services, automate passport applications and deploy biometric verification systems at national borders.
She said: “Citizens are now able to initiate and track applications with clearer timelines and minimal physical interaction,” adding that: “These reforms have improved processing timelines across commands and significantly reduced opportunities for extortion.”
She further disclosed that passport offices have been restructured nationwide to enhance speed and fairness, supported by a 24-hour call centre, monitored social media channels, and dedicated email platforms to ensure that complaints and enquiries are addressed promptly.
“The worst thing that can happen to anyone is having issues and not knowing where to turn,” she noted. “We corrected that by ensuring Nigerians always have someone listening and responding.”
Reaffirming the Service’s zero-tolerance policy for corruption, the CG announced strengthened internal audits, enhanced enforcement of ethical codes and improved disciplinary measures to deter misconduct.
She said: “Digital payment systems and automated checkpoints now limit cash-based interactions,” she said. “Transparency is not optional it’s the foundation for the work we do.”
She added that officers are undergoing continuous training and process redesign to align with global border management standards.
The CG noted that the NIS has deepened partnerships with sister security agencies, multilateral institutions, migration platforms and the diplomatic corps to support ongoing reforms.
“Change is difficult. Many people resist it,” she said. “But by engaging these agencies and bringing their personnel into our training and sensitisation sessions, they now understand why we are implementing these changes and how to navigate the new systems.”
A major appeal of the campaign is to discourage Nigerians from patronising touts and unauthorised agents.
She said: “You can sit in the comfort of your home and apply for most of our services. Follow our clearly outlined procedures. Do not put yourself at the mercy of anybody.”
She urged the public to use official platforms for enquiries, suggestions and complaints, including phone lines, website portals, social media channels and suggestion boxes.
The CG lamented the killing of NIS officers in the line of duty in Borno, Kebbi and Niger States. She said: “They were attacked by unknown persons while serving their country.”
The CG emphasised that meaningful change requires the collective effort of officers, citizens and stakeholders.
“Efficiency is not achieved by policy pronouncements alone. It requires personal responsibility at every desk, every command and every border post,” she said.
She added that: “The change we seek starts with us. If everyone here decides to do something differently, imagine the transformation we can achieve.”
NIS-Flags-Off 2025 Service Delivery Reforms
National News
Shettima announces Special Fund of N166b for disaster management in 2026
Shettima announces Special Fund of N166b for disaster management in 2026
By: Michael Mike
The Vice President, Senator Kashim Shettima has announced Nigeria’s readiness to lead in the new era of data-driven preparedness against disasters.
Shettima, while making the announcement on Thursday, also announced that the Federal Government has given approval for a N166 billion special intervention fund to help provide anticipatory action before the occurrence of any form of disaster in the coming year.
The Vice President revealed that the country is strengthening national systems to ensure that early warning is not just issued but heard, understood, and acted upon, noting that the essence is to make Nigeria more proactive and enhance its anticipatory capacity.
The Vice President spoke at the National conference on Anticipatory Action in Nigeria, with the theme: “Unlocking the Power of Data-Driven Anticipatory Action in Nigeria” organised by International Rescue Committee, Nigeria.
Shettima said the country is investing in national data generating agencies, Climate-resilient agriculture, Flood prediction models integrated with machine learning systems like IGNITIA, Data-driven disaster management frameworks and Community-led resilience initiatives.
He noted that the target is to have a nation where no community is abandoned to rising waters, failed rains, or eroding livelihoods.
The VP, who was represented by the Deputy Chief of Staff to the President, Senator Ibrahim Hassan Hadejia disclosed that: “A special intervention of N166 billion has been committed by the National Economic Council to fund the National Anticipatory Action Framework in 2026.”
He added: “We are strengthening national systems to ensure that early warning is not just issued but heard, understood, and acted upon at the last mile. “
He stated that the country’s vision is to become a nation that anticipates, not reacts.
He said: “The Nigeria we are building will not be one that waits helplessly for rescue. We will be a proactive nation, not reactive, resilient, not vulnerable.
“A nation where no community is abandoned to rising waters, failed rains, or eroding livelihoods. A nation where innovation meets governance, and data meets compassion.”
The Vice President also said that Anticipatory Action is not only a humanitarian necessity but a development path and climate strategy.
“Anticipatory Action is not only a humanitarian necessity, it is a development pathway. It is a climate strategy. It is a governance strength,” he said.
He therefore stressed the importance of timely and accurate data, noting that it helps to provide reliable early warning systems, and proactive financing.
He sold: “And it is a moral duty. If we unlock the power of data-driven anticipatory action, we will build a Nigeria that withstands shocks, protects its citizens, and stands as a global model for resilience.”
He reminded participants that the gathering is “to chart a course that will redefine how Nigeria anticipates, prepares for, and responds to climate-related disasters. He went on: : “This is not simply a conference, it is a national reset on how we safeguard lives, livelihoods, and the future of our communities.
He noted that: “Our Reality: The Climate Crisis Is No Longer a Distant Threat; Nigeria is already living the consequences.
“Floods sweeping through communities in over 26 states, year after year.
“Drought shrinking agricultural yields in the Northeast and Northwest.
“Cholera, meningitis, and vector-borne diseases rising with changing temperatures. Tens of thousands are displaced annually. Families losing livelihoods to rising waters or failed rains.
For the families affected, these are not “climate events.” They are life-altering emergencies. They determine whether a family eats, whether a child goes to school, whether a business survives, and whether communities remain stable. The climate crisis is not abstract. It is personal, immediate, and local.
“The Opportunity Before Us: Turning Predictability Into Protection. Amid this challenge lies an extraordinary opportunity. Around the world, Anticipatory Action (AA) has proven that if we act before a disaster hits based on data, forecasting, and science we save more lives, protect more livelihoods, and spend fewer resources.
“With accurate data, reliable early warning systems, and proactive financing, we can: Move families to safety before flooding
“Protect farms before drought damages seedlings. Deliver cash support before households resorts to negative coping strategies; Strengthen local systems before they are overwhelmed.”
“This is common sense. It is smart economics. It is good governance. And above all, it is humane leadership,” he added.
He cited government collaboration with the United Nations, The International Rescue Committee (IRC), donors, and partners in Adamawa where the programme has been a huge success.
“Their work shows that when data and proactive action meet, communities recover faster, cope better, and move forward with dignity.
He also called on donors and partners to increase their investment in Anticipatory Action, stating that: “Today, I call on both institutional and private donors: Now is the time to scale up anticipatory action financing in Nigeria, the window to act is narrow, the need is urgent, And the returns in lives saved and communities protected are extraordinary, Every naira or dollar spent before a crisis saves multiple times that amount after a crisis, This is not charity, this is strategic investment in stability, economic growth, and resilience for Africa’s largest nation.”
He also urged all the stakeholders to act together to strengthen data collection and hydro-meteorological infrastructure expand forecasting capacity using advanced analytics and machine learning; develop accessible and reliable early warning systems; scale climate-resilient agriculture and water management; empower communities with tools, financing, and knowledge to act early and review and cascade the National Anticipatory Action Framework to all States affected by floods and other climate induced disasters.
He warned that: “We can no longer afford a response system where communities only receive help after devastation has occurred.”
In his opening remarks, the Country Director, International Rescue Committee- Nigeria, Babatunde Ojei, said “Anticipatory Action is more than an innovation; it is a lifeline. It is the power to act before a crisis becomes a catastrophe. It is the power to protect before families lose everything. It is the power to prevent suffering before it begins.”
He therefore said the gathering was more than a conference; “it is a turning point for our country. A moment where science meets leadership, where data meets decisive action, and where Nigeria demonstrates to the world that we will not wait for disaster to strike before we protect our people.”
He stressed that “For too long, our nation has suffered the harsh reality of a changing climate: floods, droughts, displacement, crop failures, food insecurity, and loss of livelihoods. These crises are not statistics; they are the lived experiences of ordinary Nigerians — farmers, mothers, children, traders, and entire communities struggling to survive forces beyond their control. But today, gathered in this hall, is the collective intelligence, leadership, and commitment necessary to change that story.”
Shettima announces Special Fund of N166b for disaster management in 2026
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