By Suleiman Abdulmumin
Vice President Kashim Shettima has inaugurated the Presidential Committee on Economic and Financial Inclusion (PreCEFI) to drive economic growth and expand financial access in Nigeria.
Speaking at the launch on February 10, 2025, Shettima emphasized the administration’s commitment to bridging financial gaps and fostering inclusive economic reforms through the Aso Accord initiative.
PreCEFI comprises two key subcommittees: the Governance Committee (GovCo), chaired by Shettima with Finance Minister Wale Edun as deputy, and the Technical Committee (TechCo), led by NITDA Director General Kashifu Inuwa Abdullahi, with CBN Deputy Governor Philip Ikeazor as vice chairman.
The Governance Committee will oversee strategic direction, while the Technical Committee will implement programs. The Implementation Secretariat, headed by Dr. Nurudeen Abubakar Zauro, will coordinate efforts between both subcommittees.
The initiative also includes expert advisors such as Prof. Olayinka David-West of Lagos Business School and Prof. Nasir Abdullahi of ABU Zaria. Additionally, traditional leaders, including Emir of Shonga Dr. Haliru Yahaya Ndanusa and High Chief Temitope Fawehinmi, have been appointed as Economic and Financial Inclusion Ambassadors to enhance grassroots engagement.
Shettima reaffirmed the government’s commitment to financial inclusion, calling it a crucial pillar for national development.