From Our Correspondent
Vice-President Kashim Shettima says the recent policies and programmes introduced by President Bola Tinubu’s administration are already yielding tangible results.
Shettima made this remark while opening the 16th Annual Banking and Finance Conference, on Tuesday, in Abuja.
TheNewsZenith reports that the theme of the conference is “Nigeria’s Economic Growth and Empowerment: The Role of The Financial Services Industry”.
The Chattered Institute of Bankers of Nigeria (CIBN) organised the conference.
He said both State and Federal Governments were now enjoying more federal allocations.
“These funds promise a direct and positive impact on the lives of our citizens.
“Without the serially unaccounted fuel subsidies, we can now redirect our savings towards more deserving causes.
“We envision a future where no leader can resort to excuse of ‘scarcity of funds’ to evade completion of projects or delayed salary.
“Nigeria is crafting a story where the welfare of our people takes precedence and financial accountability reigns supreme,” vice president said.
Read Related News:
Shettima charges Tax committee on robust roadmap
FG to plough back gains of subsidy removal
Shettima, therefore, emphasised the need for stronger partnerships with experts in Banking and Finance industry to turn the economy around.
“We must now do what pessimists may regard as impossible; turning the economy around in record time.
“We seek your partnership in getting this done; we cannot take your support for granted.
“This journey towards economic rejuvenation is not one to be undertaken in isolation.”
On the ‘Eight-Point Agenda’ of the Tinubu Administration, Shettima said the government had resolved to prioritise food security and end poverty.
“We are prioritising economic growth and job creation. We are prioritising access to capital and improving security.”
He also said the government is prioritising improving the playing field on which people and, particularly, companies like banks operate.
Also Read:
Housing Fund: IPPIS holds workers’ N26.6bn in 2 years – FMBN
CBN’ll inject more dollars to save Naira
“We are also prioritising the rule of law and the fight against corruption. Each agenda cannot be fully implemented without your cooperation,” he said.
Earlier, President of CIBN, Mr Ken Opara, said the event was the largest gathering of banking and finance professionals in Africa.
According to Opara, the conference provides platform for professionals to drive conversation on topical issues, critical to nation’s economy.
He commended the reform initiatives of President Bola Tinubu, noting, if well implemented, it could unlock nation’s economic potential.
“The reform initiatives such as investing in infrastructure, unifying the foreign exchange regime, promoting agriculture and supporting SMEs and tax reforms are laudable.
“If well implemented, they will unlock the economic potentials of the country,” CIBN chief said.
Do you have a flair for Citizenship Journalism? Share story(ies) of happenings in your area with The NewsZenith on WhatsApp: 08033668669 or thenewszenith@gmail.com
