A key focus of the Central Bank of Nigeria under my leadership has been enabling the buildout of a robust payment system in Nigeria, that will provide cheap, efficient, and faster means of conducting payments for most Nigerians. With the growing pace of digitization globally, it is essential that we leverage digital channels in fulfilling this objective.
Third, the most effective way to reduce poverty is to help the poor people develop their local economy. African countries play a leading role in their own development. Meanwhile, cooperation and support from the international community are needed. It is worth noting that the economic development is unbalanced among African countries.