The project is designed to combat poverty and catalyse sustainable economic growth from the ground up.
Vice President Kashim Shettima said the initiative symbolises the commitment of President Bola Tinubu’s administration to enhancing financial and economic inclusion across Nigeria.
Senator Shettima spoke during the Kick-off meeting for the initiative to set up an Operating Model for Economic and Financial Inclusion.
The federal government on April 25, 2024, unveiled the Aso Accord on Economic and Financial Inclusion, a multi-pronged blueprint designed to achieve universal access to financial services.
The accord represents a core pillar of the administration’s Renewed Hope Agenda to transform the nation into a $1trn economy by 2030, while combating poverty and insecurity through broad-based prosperity.
Addressing members of the team and other stakeholders at the maiden meeting, the Vice President noted that the idea is to provide access to capital and eradicate poverty through legislative interventions and critical policies.
According to Shettima, at the heart of every strategy championed by President Tinubu, there has been the need to prioritise inclusive economic growth and development.
He listed some positive results the efforts have yielded including, the recent upgrade of Nigeria’s credit outlook to positive by Fitch Ratings, noting that it is in recognition of the reform progress under President Tinubu.