President Bola Tinubu has reaffirmed his administration’s commitment to building a sustainable and globally competitive financial system to allow Nigerian banks and other financial institutions to thrive.

The President, represented by Vice President Kashim Shettima, made the statement during the groundbreaking ceremony for the new state-of-the-art headquarters at Eko Atlantic City in Lagos State.

Shettima disclosed this in a statement posted on X.com. He noted that government policies under his administration are driven by the reality that the nation no longer has the luxury of time to postpone its economic transformation.

Tinubu who noted that banks can only prosper under a thriving economy, however, pointed out that everything his administration does and sets out to accomplish, rests on the cooperation and capacity of financial institutions.