The Chairman, International Council of Sustainability Standards for Value Driven Financial Institutions, Mr. Arshad Rab, has said that Nigeria needs strong financial institutions to create strong economy.
Rab stated this at the Nigeria Sustainability Summit 2023 with the theme “Crisis Resilience and the New Nigerian Economy.” The summit was organised by Access Holdings Plc in partnership with the European Sustainable Development Organisation (EOSD) and Financial Nigeria.
In line with the summit, he enjoined sustainability certified financial institutions to be at the forefront of the change in Nigeria to enable the country move from conventional economic development to 21st century high speed, high innovation economic progress.
He added that summit provides an opportunity to get other major players in the economy, the corporate Nigeria to join and benefit from the mission of making Nigeria a high income, high skilled, technologically advanced, socially inclusive, and environmentally and climate friendly country.
In her welcome address, Head, Group Sustainability, Access Holdings, Omobolanle Victor-Laniyan underscored the urgent need for sustainable practices in Nigeria. “Together, we aspire to propel our nation towards a future marked by economic resilience, environmental stewardship, and social responsibility.
“Reflecting on the challenges that confronted our nation in recent times, we recognize the urgent need for a sustainable approach to development. The private sector has a pivotal role to play, leveraging its resources, innovation, and influence to drive positive change. It is in this spirit that we convene the Nigerian Sustainability Summit, to harness the expertise, resources, and innovation within our reach.”
“We acknowledge the challenges that have hindered sustainable development in Nigeria, but we stand united in our determination to overcome them. Within these challenges lie opportunities for progress and transformation.”
She,said that the private sector, with its dynamism, influence, and commitment, holds the key to driving meaningful change that will positively impact the environment, society, and the economy.
“Meaningful partnerships, like the one we foster today, create an ecosystem conducive to sustainability. Together, we can promote environmentally friendly practices, drive economic growth, and enhance the quality of life for every Nigerian. By leveraging our collective strengths, advocating for sustainable policies, and implementing innovative solutions, we can pave the way for a brighter, more sustainable future.”
