President Bola Tinubu held a high-level meeting with key government and industry figures to discuss Nigeria’s economic strategy and plans to improve financial inclusion across the country. Among those present at the meeting were the Honourable Minister of Budget and Economic Planning, Abubakar Atiku Bagudu; CEO of the Bank of Industry (BOI), Dr. Olasupo Olusi; and Managing Director of Consumer Credit Corporation, Uzoma Nwagba.
The meeting, which took place at the State House in Abuja, centered on President Tinubu’s administration’s efforts to stimulate economic growth, support small and medium-sized enterprises (SMEs), and expand access to credit for underserved segments of the population. The discussion underscored the government’s commitment to leveraging public-private partnerships to ensure Nigeria’s economic resilience and sustainability.
President Tinubu praised the efforts of the Bank of Industry and the Consumer Credit Corporation in their contributions to financial inclusion and economic empowerment. He emphasized the importance of aligning financial institutions’ goals with national objectives, particularly in areas such as job creation, poverty alleviation, and providing affordable credit to small business owners.
The Honourable Minister, Abubakar Atiku Bagudu, reaffirmed the government’s dedication to enhancing Nigeria’s fiscal policy and economic planning to foster inclusive growth. He highlighted several ongoing initiatives aimed at ensuring economic stability and expanding opportunities for the average Nigerian.
Dr. Olasupo Olusi of BOI spoke on the institution’s current projects geared toward facilitating SME growth and providing tailored financial solutions to drive industrial development. He pointed to the need for robust collaboration with private sector players to boost economic productivity.
Uzoma Nwagba, Managing Director of Consumer Credit Corporation, emphasized the corporation’s focus on making consumer credit more accessible and affordable for all Nigerians, particularly those who may be excluded from traditional banking services. He added that Consumer Credit Corporation is working closely with the government to support its economic agenda and expand the reach of financial services.
This meeting represents a significant step in aligning government initiatives with key financial institutions to build a more inclusive and dynamic economic framework for Nigeria.