Managing Director and Chief Executive of Jaiz Bank Plc, Hassan Usman, has called for huge social investments to stimulate the growth of the productive sector as a strategic option for empowering low-income earners and other vulnerable individuals.
He said an inclusive financing strategy would stimulate the growth of the economy and boost per capita productivity in the country.
He also stressed the need for an economic strategy and policy redirection to unleash the potential of women and improve the living standard of people in the society.
Usman remarked at the weekend in Kano while reacting to the state of the economy and the input of financial institutions to human development in the country.
The seasoned banker spoke at a special dinner for the former Deputy Managing Director of Jaiz, Mahe Abubakar after the attainment of compulsory retirement age. He contended that several segments of society have been discreetly excluded in economic productivity.
Worried by the living standard of those he said constituted the majority of the population, he declared that Nigeria might be taking the economic power of the most critical component of the society for granted.