Nigeria's $1 Trillion Economy Plan Focuses on Financial Inclusion

The Presidency of Nigeria has articulated its ambition to develop a $1 trillion economy by 2030, emphasizing the necessity of integrating millions of economically active Nigerians into the formal financial system. Dr Nurudeen Abubakar Zauro, Technical Adviser to the President on Economic and Financial Inclusion, made this announcement in Abuja while revealing a partnership between the Presidential Committee on Economic and Financial Inclusion (PreCEFI) and the Africa CEO Club.

This partnership aims to facilitate financial access for women, youths, and small business owners. Zauro highlighted that financial inclusion should extend beyond merely opening bank accounts to encompass access to credit, savings, insurance, and investment opportunities.

He asserted that the Federal Government's economic transformation agenda cannot reach its full potential without including significant segments of the population in formal financial services. The Africa Blueprint Summit 2.0, scheduled for December 3, 2026, will gather around 1,000 stakeholders to develop a Builders’ Mandate outlining key policy interventions.