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Nigeria moves closer to achieving trillion-dollar economy with launch of presidential committee

Shettima 1

Vice President Kashim Shettima has reaffirmed President Bola Ahmed Tinubu’s commitment to economic reforms prioritizing inclusive growth and bridfinancial gaps across Nigeria.

This commitment was reiterated during the inauguration of the Presidential Committee on Economic and Financial Inclusion (PreCEFI), a key initiative aimed at achieving a trillion-dollar economy by 2030.

The event, held at the Presidential Villa in Abuja, also witnessed the signing of an investment agreement by private sector stakeholders.

This agreement will provide the necessary infrastructure for the full operationalization of the Aso Accord initiative, a core pillar of the Tinubu administration’s Renewed Hope Agenda.

Vice President Shettima emphasised the importance of laying a strong foundation to achieve Nigeria’s economic aspirations.

“Our road to a $1 trillion economy by 2030 shall remain a mere wish unless we lay a foundation strong enough to carry our dreams,” he said.

Shettima also noted that Nigeria has made significant progress in financial inclusion since 2012, with inclusion rates improving from 60.3% to 74% as of 2023.

The Governor of Enugu State, Dr. Peter Mbah, delivered a goodwill message, highlighting the impact of economic and financial inclusion on his state’s internally generated revenues. He emphasized the importance of growing the economy with the interest of the weak and vulnerable at heart.

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