Tinubu Advocates for Youth Empowerment with Mastercard

On Tuesday, President Bola Ahmed Tinubu of Nigeria met with Mastercard's Global Chief Executive Officer, Michael Miebach, at the State House. Tinubu expressed confidence in Nigeria's youth population as the nation's greatest asset, highlighting their readiness to learn and adapt to technology.

He commended Mastercard's proposal to train five million individuals in digital skills, which he believes will facilitate Nigeria's full participation in the global economy. Tinubu noted the ongoing formalization of Nigeria's large informal business sector, which creates opportunities for digital transition and investment.

He acknowledged the gradual changes in the business environment, including the registration of small businesses and the embrace of technology. Miebach assured Tinubu of Mastercard's support for economic reforms aimed at empowering youth and enhancing the digital economy.

The discussion also touched on the importance of credit systems and the potential for Mastercard to improve payment systems in Nigeria.