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Nigeria aims for economic inclusion: FG, states, and private sector seal cccord

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In a significant stride towards fostering economic and financial inclusion, the Federal Government, states, and representatives from the private sector inked an accord on Thursday. Dubbed the “Aso Accord,” the agreement is hailed as a pivotal step in realizing the goal of delivering financial services to all strata of Nigerian society, including those at disadvantaged and low-income segments.

The momentous signing ceremony, held at the State House Conference Centre in Abuja, marked a collective commitment to prioritizing economic empowerment and accessibility to capital, spearheaded by Vice President Kashim Shettima. Notable signatories included the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria, Mr. Yemi Cardoso.

In his opening remarks, Vice President Shettima underscored President Bola Tinubu’s unwavering dedication to inclusive economic growth, outlining a comprehensive strategy aimed at revitalizing the economy through multifaceted approaches, including job creation and ensuring food security.

“The Aso Accord for Economic and Financial Inclusion symbolizes a renewed commitment from all stakeholders in the economic landscape, affirming our collective resolve to forge a more inclusive and prosperous future for every Nigerian,” remarked Vice President Shettima, encapsulating the spirit of the occasion.

Echoing the sentiment, Senator Hassan Hadejia, Deputy Chief of Staff to the President, emphasized the imperative of integrating equality and accessibility into financial services, leaving no one behind as the nation embarks on a journey towards inclusive economic development.

Contributing to the discourse, former CBN Governor Sanusi Lamido Sanusi highlighted the pivotal role of financial literacy in addressing prevalent societal challenges, advocating for its integration into the educational curriculum.

Amidst the deliberations, Governor Lucky Aiyedatiwa of Ondo State shared insights into the state’s initiatives aimed at bolstering financial inclusion, particularly in rural areas, underscoring the pivotal role of small businesses in driving economic growth.

Acknowledging the collective efforts, Minister Wale Edun commended stakeholders for their support, pledging the Ministry’s commitment to meeting set targets. Dr. Clement Buari, representing the CBN Governor, reiterated the regulator’s steadfast commitment to accelerating financial inclusion, emphasizing its moral and pragmatic obligation to uplift citizens from the shackles of deprivation.

As Nigeria embarks on this transformative journey towards economic inclusion, the Aso Accord stands as a testament to the nation’s unwavering resolve to build a more equitable and prosperous future for all its citizens.

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