“Investors Push Governance and Digital Growth for Nigeria’s $1T Goal”

At the 8th Triennial Delegates Conference of the Independent Shareholders Association of Nigeria (ISAN), stakeholders rallied around the theme “Nigeria: Towards a $1 Trillion Economy by 2030,” spotlighting governance, innovation, and collaboration as essential levers for national transformation.

Held at NECA House in Lagos, the event convened regulators, investors, and policymakers to chart a path toward sustainable economic expansion. ISAN’s National Coordinator, Mr. Moses Igbrude, emphasized that shareholders must play a proactive role in shaping Nigeria’s future—not just by earning dividends, but by championing transparency, ethical leadership, and accountability.

Ajibola Bankole, Director of Inspectorate at NAICOM, presented a compelling case for the insurance sector’s strategic importance. He noted that insurance penetration in Nigeria remains under 1% of GDP, a gap the upcoming Nigerian Insurance Industry Reform Act (NIIRA) 2025 aims to close through stronger governance, capital requirements, and consumer safeguards.

Cybersecurity expert Dr. Martin Ikpehai also addressed the gathering, warning that digital threats could derail economic progress. He urged the integration of cybersecurity into all national planning, declaring that “economic resilience now depends on digital resilience.”