Nigeria Flags Off 10-Million Citizen Financial Literacy Training

Credit: State House

The Federal Government of Nigeria has officially launched a massive, free nationwide training program aimed at equipping 10 million Nigerians with financial inclusion and digital literacy skills.

Flagged off by Vice President Senator Kashim Shettima at the Presidential Villa on Monday, February 2, 2026, the initiative is a cornerstone of the administration’s drive to build a $1 trillion economy by 2030.

The program is being executed by the Presidential Committee on Economic & Financial Inclusion (PreCEFI). To operationalize the training, the government signed a landmark Memorandum of Understanding (MoU) with six of the nation’s most prominent professional institutes.

The Powerhouse Partnership: 6 Professional Bodies

These institutes are tasked with designing the curricula, certification pathways, and mentorship platforms to ensure the training meets international professional standards.

Professional Body	Focus Area for the Program
ICAN (Accountants)	MSME formalization and financial accountability.
CIBN (Bankers)	Consumer protection and ethical banking practices.
CIS (Stockbrokers)	Investment knowledge and capital market participation.
NICA (Credit Admin)	Risk assessment beyond traditional collateral.
CRMI (Risk Management)	Digital threat anticipation and fraud prevention.
NIIE (Innovation)	Translating entrepreneurial ideas into scalable enterprises.

“Capacity as Infrastructure”

Vice President Shettima emphasized that for Nigeria to reap its “demographic dividend,” it must treat human capacity with the same urgency as physical infrastructure.

“Financial inclusion is not achieved by access alone, but by competence, trust, and capability. We cannot build a one-trillion-dollar economy on weak skills or disconnected professional ecosystems.” – V.P Shettima