Vice President Kashim Shettima, Minister of Finance Wale Edun, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso, and President of the Chartered Risk Management Institute of Nigeria (CRMI), Kevin Ugwuoke, have called for a national shift towards embedding risk management as a way of life, insisting it must serve as the anchor for Nigeria’s economic resilience in the face of global volatility.
Speaking yesterday in Lagos at the 24th Annual International Conference of the CRMI, where local and international stakeholders gathered under the theme “Global Risks, Local Solutions,” Shettima cautioned that the threats confronting Nigeria were neither remote nor abstract but immediate—spanning climate change, cybersecurity, and disruptive technologies.
Represented by the Technical Adviser to the President on Economic and Financial Inclusion, Nurudeen Zauro, Shettima said resilience must go beyond government policy, evolving into a mindset that influences decision-making across households, businesses, and institutions.
“We live in an interconnected world where climate change, economic instability, cybersecurity, pandemics, terrorism, and disruptive technologies—including artificial intelligence and blockchain—are immediate and ever-evolving. For Africa, these risks are not distant; they are here,” he stressed.
The conference underscored that strengthening Nigeria’s economy requires risk awareness, adaptive strategies, and collective responsibility from government, private sector, and citizens alike.
