The Federal Government has reaffirmed its commitment to expanding financial inclusion in the country using digital identity and pro-growth regulation.
In a statement by the Director, Information and Public Relations, Mr. Mohammed Manga, the Minister of State for Finance, Dr. Doris Uzoka-Anite, speaking at an event on Wednesday 22-10-25 at the Transcorp Hilton, Abuja highlighted the progress driven by reforms under President Bola Ahmed Tinubu’s Renewed Hope Agenda, which included trusted digital identity systems, agent banking, and the rise of mobile money platforms.
She stated that Mobile-first solutions and nationwide agent networks are reducing limitations and improving access to enable people to transact, save, and receive payments in their communities without visiting traditional banking halls.
The Minister noted that platforms such as Moniepoint, OPAY, and PalmPay, alongside bank-led wallets and agency services, are improving daily-use cases from payments to remittances for households and small businesses.
She added further that consumer credit reforms are being designed to help Nigerians not only spend but also earn and build assets over time.
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Dr. Uzoka-Anite also commended the Central Bank of Nigeria and its partners for improving settlement infrastructure and supporting the growth of agent banking nationwide.
While acknowledging gaps around power, connectivity and skills, the Minister expressed her commitment to continue collaborating with relevant ministries, regulators, states, and the private sector to close them.
The Minister thanked the Organizers of the event, Semafor, the Gates Foundation, and all participants for advancing a solutions-focused dialogue.
