BUILDING SUSTAINABLE BUSINESSES: THE CASE FOR DEEPENING FINANCIAL LITERACY
5 Policy Influencers
Thursday, July 05, 2018
Transcorp Hilton, Abuja
Strictly By Invitation
About / FATE Annual Policy Dialogue Series
The Annual Policy Dialogue Series on Entrepreneurship programme by FATE Foundation is a platform that brings together policy stakeholders and stakeholders within the Nigerian Entrepreneurship space across public, private and development sectors to discuss research findings on key entrepreneurship issues that impact entrepreneurs directly. The conversations are geared towards providing implementable solutions and usually end with key agreements developed which serve as basis for advocacy activities for the year.
Since expanding its strategic focus to include Research & Policy around entrepreneurship in Nigeria in 2015, FATE Foundation has utilized the 3-pronged approach of Research-Policy Dialogue-Policy Advocacy to drive conversations around key thematic areas impacting Nigerian entrepreneurs e.g. taxation. A lot of the policy changes being experienced within the Nigerian entrepreneurship space today such as the tax amnesty window that was granted to entrepreneurs by the Chairman, Federal Inland Revenue Service (FIRS) in 2017, the review and publication of the National tax policy in 2017, the implementation of the Voluntary Assets and Income Declaration (VAIDS) programme in 2017/2018, the review of the Companies and Allied Matters Act (CAMA) in 2018 etc are results of concerted policy advocacy efforts by FATE Foundation and other MSME stakeholders towards building an enabling environment for businesses to start, grow and scale.
This year, our strategic focus at FATE Foundation is on Financial Literacy and in line with our focus, our research report will look at “How to Better Enable Financial Literacy Knowledge for Nigerian MSMEs”. The report will also provide background context for the deliberations at the 2018 policy dialogue with the theme ‘’Building Sustainable Businesses: The Case for Deepening Financial Literacy’’.
We chose this focus area because from research and from our experience with entrepreneurs, we see that many entrepreneurs, particularly micro, small and medium entrepreneurs in Nigeria struggle with financial literacy education which embodies having the right financial data, insight and knowledge to start, grow and scale sustainable businesses.
The Policy dialogue this year will therefore focus on deliberating on strategies that can be adopted and implemented to guide financial literacy learning and yield sustainable outcomes. The speakers this year have also been carefully drawn from the financial literacy space in Nigeria and they will help drive the conversations at the dialogue. We expect about 150 Micro, Small and Medium Enterprises (MSME) stakeholders in attendance and key agreements developed at the end of the dialogue session will set the tone for FATE’s policy advocacy initiatives around financial literacy for the 2018/2019 year.
Arabi Muhammad Tukur is a fellow of the Institute of Government Research & Leadership Development (F,IGR&LD), and Institute of Leadership and Management (F, ILM). He is also a member of the Chartered Institute of Personnel and Management of Nigeria (M,CIPMN), and Nigeria Institute of Management (M,NIM).
Prior to his current position, he served as the Deputy Director, Establishment, FCT Administration. He also served as the General Manager, of the World Bank supported FCT Community & Social Development Agency (CSDP) saddled with the responsibility of increasing access of people (in rural communities) to basic infrastructure and associated community development projects.
He has undertaken a number of research works, motivational speeches and written publications such as ‘Joint Development Authorities; A Tool for African Integration’ A case study of Nigeria – Sao – Tome and Principe Joint Development Authority 2004; Nigeria’s ‘Poverty Alleviation Programmes as a Tool for the Development of Rural Areas’, among others.
Arabi loves Travelling, reading/writing and engages in Badminton, Lawn Tennis/Table Tennis.
Head, Financial Inclusion Secretariat, Central Bank of Nigeria
Mrs. Temitope Akin-Fadeyi is the Head, Financial Inclusion Secretariat at the Central Bank of Nigeria (CBN). She also serves as the Secretary to the National Financial Inclusion Governing Committees and Coordinator; Financial Inclusion Working Groups focused on Products, Channels, Financial Literacy and Special Interventions for priority segments (Women, Youth and People with disabilities).
Prior to joining the CBN; Temitope was a Management Board member and Head of Banking Services of FINCA International; a global microfinance organization, where she pioneered the Banking Services Department in Uganda and mentored Subsidiary Heads. She has over 17 years work experience spanning across Strategy, Operations, Digital Financial Services, Microfinance, Retail/Consumer Banking, Product Development/Sales, Project Management and International Money transfers. She is an Alumnus of the Harvard Business School Executive Education on Strategic Leadership in Inclusive Finance and a Fellow of the Fletcher Leadership Program for financial Inclusion.
Mrs. Akin-Fadeyi’s passion lies in creating sustainable value through product, process and policy innovations. Since assuming office as the Head, Financial Inclusion Secretariat, she has played key roles in advancing financial services to previously excluded population across Nigeria. She is a strong advocate for the elimination of barriers that hinders the economic citizenship of all Nigerians.
Executive Director of Junior Achievement Nigeria (JAN)
Simi Nwogugu is the Executive Director of Junior Achievement Nigeria, which is a non-profit economic education organization that inspires and prepares young people for a successful future. Simi brought JA, a global organization in over 100 countries, to Nigeria in 1999 and since then the organization has reached over 800,000 students in primary and secondary schools nationwide.
Simi started her career as an investment banker at Goldman Sachs and has over twenty years of finance and strategy consulting experience with various organizations including Goldman Sachs, MTV Networks, ING Group and PricewaterhouseCoopers. She has helped start various other non-profit organizations and foundations in Nigeria, and was most recently the Founding Administrator for the African Capital Alliance (ACA) Foundation, which supports ethical leadership and development of an enabling environment for entrepreneurs in Nigeria. Simi is also the founder & CEO of HOD Consulting, a leadership and organizational development firm. Simi has an MBA from Harvard Business School and a Bachelor's degree in Economics and English, cum laude with High Honors, from Mount Holyoke College, Massachusetts.
Fmr. Chairman Enhancing Financial Innovation and Access (EFInA)
Modupe Ladipo has over 25 years’ diverse experience in financial services and economic development. She is the Managing Partner of Prosperar Consulting. She was the former Chair of the Board of Enhancing Financial Innovation & Access (EFInA); and the first Chief Executive Officer of EFInA. She is one of the pioneers of financial inclusion in Nigeria.
Modupe has extensive experience of providing strategic, fiscal, operational and thought leadership in complex and challenging environments. She is a dynamic, results-oriented leader with a strong track record of high performance in fast-paced organisations. She has worked on assignments in Africa, Asia-Pacific, Europe and the US.
Modupe has worked for EFInA, Tata Consultancy Services, Merrill Lynch, ABN AMRO, the London Stock Exchange, Credit Suisse Financial Products and Lehman Brothers. Her areas of expertise include: digital financial services, mobile money, agent banking, non-interest (Islamic) finance, MSME finance, retail and institutional brokerage, capital markets, developing and implementing policies, setting up and running Greenfield operations, managing large scale projects, developing & implementing strategies, mergers & acquisitions, and product development.
Modupe Ladipo holds a Master’s in Business Administration from Manchester Business School and B.Eng. in Chemical Engineering from University College, London.
Tom Isibor is a seasoned business leader with experience in sales, strategy and management. He leverages on his vast work experience, which spans over 20 year and his skillset acquired over the period in various areas including and not limited to; market development, channel management, sales force management, route to market design and implementation.
Tom joined ACCA as the Market Head for Nigeria in May 2017. Since joining the business, Tom has increased the strategic focus of operations in Nigeria through development of new channels and strategic partnerships. He is very passionate about delivering value through shared interests in our partner network.
He is a graduate of Managerial Psychology from University of Ibadan.
Guest Arrival & Registration
by Adenike Adeyemi, Executive Director, FATE Foundation
Keynote address by Keynote speaker
Panel Dialogue Discussion
Arabi Muhammed Tukur ,
(Managing Director/CEO Abuja Enterprise Agency (AEE))
(Head, Financial Inclusion Secretariat, Central Bank of Nigeria)
(Executive Director, Junior Achievement Nigeria (JAN))
(Fmr. Chairman Enhancing Financial Innovation and Access (EFInA))
(Country Head, ACCA Nigeria)
Question and Answer Session with the audience
Summary of key topical areas and agreements
Highlight FATE’s plans going forward with the outcome of the Policy Dialogue and formally close the programme