NIIE SIGN HIGH IMPACT STRATEGIC MOU WITH FEDERAL GOVERNMENT

The Nigeria Institute of Innovation and Entrepreneurship (NIIE) has recorded a historic milestone and giant stride following its formal selection and public declaration by the Vice President of the Federal Republic of Nigeria, His Excellency Sen. Kashim Shettima, GCON, as one of the leading and most prominent professional bodies in the domain of finance and business management in Nigeria.

This recognition places NIIE alongside highly respected institutions such as ICAN, CIBN, CIS, CRMI, and NICA. These professional bodies were selected to champion the ASO Accord under the implementation framework of the Presidential Committee on Economic and Financial Inclusion (PreCEFI), culminating in the signing of a high-value Memorandum of Understanding (MoU) with the Federal Government of Nigeria.

This strategic partnership underscores NIIE’s growing national relevance and affirms its capacity to contribute meaningfully to Nigeria’s financial inclusion, entrepreneurship development, and economic transformation agenda.

BENEFITS OF THE MOU

What NIIE Stands to Gain from the MoU (with PriCEFI)

1. National Policy Relevance: Formal recognition of NIIE as a strategic partner in implementing Nigeria’s economic and financial inclusion agenda.
2. Institutional Visibility & Credibility: Enhanced national standing through direct collaboration with the Presidency and PriCEFI.
3. Access to Inclusion Frameworks: Alignment with government-backed financial inclusion policies, tools, and implementation channels.
4. Expanded Impact Footprint: Ability to scale NIIE programs nationwide, especially within the informal sector.
5. Stronger Partnerships: Improved leverage to attract government, private sector, and development partners.

What Prospective, Existing NIIE Members, Women and Young People Stand to Gain

1. Pathway to Formalization: Support for business registration, compliance, and transition from informal to formal operations.
2. Access to Finance: Linkage to inclusive financial services, digital payments, and tailored financial products.
3. Capacity Building: Training in entrepreneurship, financial literacy, digital skills, and innovation.
4. Market & Value Chain Integration: Better access to structured markets and formal economic value chains.
5. Credibility & Growth: Enhanced business credibility, resilience, scalability, and long-term sustainability.

EVENT REPRESENTATION

NIIE Delegation to the Event

The Nigeria Institute of Innovation and Entrepreneurship (NIIE) was ably represented at the event by the following distinguished officials:

Dr. Uzombah N. Innocent, FNIIE, FCILRM, FIPCM Member, Governing Council, NIIE

Lawal Kankia Ibrahim, FNIIE, FNIM, FI.oD President and Chairman, Governing Council, NIIE

Lawal Aminu Bala, FNIIE, FCCrFA, FCILRM, FIMC, ACTI, CFA, CNA, CCrFA, CMC, MNIM, BDSP, PhD Registrar/Chief Executive Officer, NIIE