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
Ban GMO Foods in Nigeria Now, Groups Tells FG

Ban GMO Foods in Nigeria Now, Groups Tells FG
By: Michael Mike
A group, Health of Mother Earth Foundation, Environmental Rights Action/Friends of the Earth Nigeria, and the GMO-free Nigeria Alliance have insisted that the Federal Government should ban the use of genetically modified organisms (GMOs) and their products in Nigeria.
This call was made yesterday, during a media briefing in commemoration of World Food Safety Day, organised virtually by HOMEF with the theme: Caution in Science -Communicating the Risks Associated with GMOs”.
In his remarks, the Executive Director of HOMEF, Dr Nnimmo Bassey stated that the idea of promoting GMO by the government was not to tackle food crisis, stressing that the organism promote monoculture and creating hunger in the system.
He said nullification of previous permits and approvals, “is critical because GMOs are designed not to address food insecurity but to consolidate control of our food and farming system in the hands of a few corporations/seed industries.
This is known by the patent rights enforced on the products, which prohibit farmers from saving, sharing or replanting the seeds. Even those without the patent
restrictions, when replanted, yield poorly.
This is a calculated attack on Nigeria’s food sovereignty and must be seen as such. Seed saving and sharing is an age-long culture in Nigeria, where farming is about 80% informal, with farmers being able to select and improve seeds using traditional methods and being able to exchange the same.”
Bassey however urged that “GMOs should be ban. They are just polluting our food system. We need to decolonise our food system, the National Assembly needs to ban GMO foods”.
In her presentation, ERA’s Deputy Executive Director, Nigeria, Mariann Bassey-Orovwuje regretted that while countries have taken serious action against GMOs, Nigerian leaders refused to consider the deadly implication of consuming foods produced with GMO.
She advised that decision made by the Nigerian government should not just be for the interest of the business stricken men and women but for the general Nigerians.
The ERA’s deputy executive director Orovwuje, noted that Nigeria, currently does not have a policy on open market labelling and as such, the public does not have the right of choice as to whether or not to consume GMOs, adding that “This negates our right of choice and the right to safe food”.
She further noted that there are fundamental flaws with the current Biosafety Regulatory Agency, including that there is no provision on strict liability, which should ensure that the holder of a permit for any GM product takes
responsibility for any negative effects that will ensue.
“Another major flaw in the National Biosafety Management Agency Act is the lack of attention to the Precautionary Principle, which simply advises a halt on any process where there are threats to health or environmental impacts
from the use of GMOs.
“Nigeria needs to critically address waste, which accounts for about 40% of the food produced. In the same vein, Nigeria needs to critically address issues of insecurity/banditry that keep many farmers away from their farms, leading to reduced productivity.”
Orovwuje stressed that Nigeria can transform its agriculture system in an inclusive and sustainable manner by adopting and promoting agroecology which not only ensures increased productivity by improving soil health and biodiversity but also assures
economic resilience for our farmers as well as climate change
resilience”.
In their separate presentation, Dr Ifeanyi Casmir, Prof Tatfeng Mirabeau noted the need for the government to ban GMOs, saying that the effect is killing Nigeria people’s health.
Dr Casmir, a molecular biologist and researcher, noted that there is no evidence of long-term risk assessment conducted by the government on the health impact of GMOs.
He highlighted that several studies link the consumption of GMOs to diverse health disorders, including immune system dysregulation, increased allergic responses, chronic inflammation and organ toxicity, as well as tumour development.
In his part, Prof Mirabeau revealed that GMOs pose a critical risk of genetic contamination of indigenous seed varieties owing to gene transfer.
He said “We cannot overlook such a grave threat to our plant genetic resources especially as such contamination is irreversible”.
Ban GMO Foods in Nigeria Now, Groups Tells FG
National News
AT 68th UN REGIONAL MEETING:

AT 68th UN REGIONAL MEETING:
Adopt Policies That Promote Eco-friendly Tourism In Africa, President Tinubu Urges
** Says continent can harness gains of tourism to boost investments, drive long-term prosperity
By: Our Reporter
President Bola Ahmed Tinubu has called on African countries to adopt policies that promote eco-friendly tourism and preserve cultural heritage across the continent.
Specifically, he sought practical solutions and alliances that would boost investment in tourism infrastructure, deepen the sector’s role in actualising the Sustainable Development Goals (SDGs) on the African continent.

The President stated this on Wednesday when he declared open the 68th meeting of the UN Tourism Commission for Africa (CAF) in Abuja, saying the target is to make sure Africa becomes the heart of global discourse in terms of how to harness tourism’s full potential to boost the continent’s economy.
President Tinubu, who was represented at the event by his deputy, Vice President Kashim Shettima, declared Nigeria’s support for adopting sustainable tourism practices across Africa, which he said reflect the continent’s unique challenges.
He said, “By collaborating with regional bodies, such as the African Union, ECOWAS and UN Tourism, Nigeria encourages other African nations to adopt policies promoting eco-friendly tourism and preserving cultural heritage.
“This collaboration includes sharing best practices, tourism training, developing joint marketing campaigns for sustainable tourism and improving infrastructure to support intra-African travel. Through these regional initiatives, Africa can foster a continent-wide movement toward tourism that benefits both the people and the environment, driving long-term prosperity for Africa.”

The Nigerian leader observed that tourism goes beyond “travelling or visiting historic sites, waterfalls, mountains, and parks,” just as he maintained that the sector “is an engine of local economies, a catalyst for social understanding, and a bridge that unites cultures.
“The advent of technology and creativity has transformed tourism and its opportunities. Therefore, it is appropriate that this conference highlight the impact of AI, Innovation, and Creative Industries on the tourism sector,” he added.
Highlighting the role of Nigeria’s creative industries in global tourism, which encompass music, film, fashion, literature and digital arts, President Tinubu said the sector has “emerged as a powerful driver of economic growth, making significant contributions to the country’s GDP, job creation and economic diversification.”
He continued: “Nigeria’s Nollywood is one of the largest film industries in the world, generating substantial revenue from domestic and international markets. Similarly, the music and fashion industries have propelled Nigeria’s global cultural influence and generated income and employment opportunities,” he further stated.
“As we chart a new course for tourism in Africa, one thing is clear: the government cannot build the sector alone. It needs a partnership with the private sector. The sector’s growing complexity and opportunities demand this strategic partnership.”
While declaring the regional meeting open, the Nigerian leader implored participants “to focus on practical solutions and collaborative strategies that will strengthen intra-African travel, boost investment in tourism infrastructure, empower local communities, and deepen tourism’s role in achieving the Sustainable Development Goals (SDGs) and making African tourism the heart of the global conversation.”
Earlier, Minister of Art, Culture, Tourism, and Creative Economy, Barrister Hannatu Musa Musawa, in her speech, urged African nations to leverage innovation, artificial intelligence (AI), and creative industries to unlock the continent’s vast potential in global tourism.
Expressing her deep conviction in President Tinubu’s vision for Nigeria, Musawa stated: “I am passionate about Nigeria and the mission and commitment of President Tinubu. I believe in it because of his vision for Nigeria, which I believe will enable the country to take a seat in the comity of global nations as a developed nation. I pray the same for every African nation, and urge us all to rise together.”

The Minister noted that President Tinubu’s “Renewed Hope Agenda” is the guiding principle for Nigeria’s sectoral transformation, emphasising that “Africa stands at the forefront of change. The 21st century demands that we build economies not just from the ground but on people-powered prosperity, through tourism, culture, the creative economy and the arts.”
Musawa said the event’s theme, “Boosting Social Impact and Education in Tourism via Innovation, AI, and Creative Industries in Africa,” highlights that the future of Africa’s prosperity depends on how boldly and broadly it uses technology to empower people.
She pointed out that while the global industry is valued at over $11 trillion, Africa accounts for less than 5% of global tourism revenue and under 1% of global creative exports. “This is not a deficit or talent scarcity. Today, Nigeria invites Africa to close that gap,” she said.
On his part, the Secretary-General of UN Tourism, Amb. Zurab Pololikashvi commended the Tinubu administration for supporting the transformation of the tourism industry in Nigeria, which, according to him, will impact the rest of Africa.
Underscoring tourism as the future of Africa, he said the continent is indeed the new frontier in world tourism, given its huge potential and limitless opportunities for innovation and creativity.
Amb. Pololikashvi urged leaders on the continent to address issues related to connectivity across the region by reviewing existing visa regimes in a bid to ease the movement of tourists across Africa and beyond.
On her part, the Senator representing the FCT at the National Assembly, Sen. Ireti Kingibe, encouraged stakeholders across Africa to think boldly, as Africa is not just participating in the digital future of tourism.
She said Africa is shaping the digital future of tourism and Nigeria, with immense creativity and cultural wealth, stands ready to lead, adding that the culture and resilience of Africans, when combined with emerging technology such as AI and immersive media, can redefine Africa, especially how it is experienced, studied and valued.
“Today’s gathering is an opportunity to amplify the stories of home-grown innovations that attract tourists from the grassroots to the global stage. Let us use this space to exchange best practices, build cross-border collaborations and generate actionable strategies that place communities, especially women and youths, at the heart of our development agenda,” she added.
AT 68th UN REGIONAL MEETING:
National News
Vice President Shettima Arrives For 68th UN Tourism Commission For Africa Meeting

Vice President Shettima Arrives For 68th UN Tourism Commission For Africa Meeting
By: Our Reporter
Vice President Kashim Shettima, representing President Bola Ahmed Tinubu, has arrived for the 68th meeting of the UN Tourism Commission for Africa (CAF) in Abuja.
The event is being hosted by the Government of the Federal Republic of Nigeria in collaboration with UN Tourism.

The gathering brings together key stakeholders from across the African continent to discuss strategic policies, explore emerging trends, and foster collaboration aimed at advancing tourism’s role in sustainable development.

Following the Commission meeting, a thematic conference will be held focusing on “Boosting Social Impact and Education in Tourism via Innovation, AI, and Creative Industries in Africa.”
End
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