Alawuba Seeks Stronger Collaboration to Turn Stability Into Prosperity

The Chairman of the Body of Bank Chief Executives Officers in Nigeria and Group Managing Director of United Bank for Africa, Oliver Alawuba, has called for deliberate policies and stronger collaboration across the public and private sectors to transform economic stability into inclusive prosperity. Speaking at the 19th Annual Banking and Finance Conference on the theme “Building a Resilient Economy in an Era of Disruptions: Imperatives for the Banking and Financial Services Industry,” Alawuba outlined a blueprint for building a resilient Nigerian economy. He stated that resilience must be deliberately designed into Nigeria’s policies, institutions, infrastructure, supply chains, energy systems, financial architecture, and human capital. According to him, a resilient economy is not one that never encounters shocks, but one that can absorb, adapt, and advance without transferring the full cost of every disruption to its most vulnerable citizens.

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