KTSG pushes for financial Reform and collaboration with Commercial Banks.

KTSG pushes for financial Reform and collaboration with Commercial Banks.

A pivotal meeting held on Tuesday at Alhujrat Hotel, Katsina, marked a new chapter in the financial governance of Katsina State.

The event brought together key stakeholders in the banking sector and was chaired by Hajiya Bilkisu Sulaiman Ibrahim, Special Adviser to the Governor of Katsina State on Banking and Finance.

In her keynote address, Hajiya Bilkisu Sulaiman Ibrahim announced the significance of the Department of Banking and Finance as a governmental body in the management of banking, investment, and financial transactions involving the State. She emphasized that the department aims to promote financial stability, economic security and inclusive growth across the State.

In her words: “Our goal is to foster seamless coordination between the government and financial institutions, furthermore, this department will act as a medium in ensuring transparency, accountability, and strategic engagement with the financial sector.”

Hajiya Bilkisu Sulaiman Ibrahim also stated that it is important and will be of great benefit and advantage if future official dealings between the State Government and commercial banks go through the department. She outlined key focus areas not limited to the following:
• Expanding financial literacy and inclusion, especially in rural and underserved communities
• Supporting Micro, Small and Medium Enterprises (MSMEs) through training, mentorship and improved access to financing
• Strengthening risk management and compliance across financial institutions
• Promoting digital banking and financial innovation.

In a message of collaboration, she commended Governor Dikko Umar Radda’s unwavering commitment to building a resilient financial system that benefits all citizens.

The Chairman of the Chartered Institute of Bankers in Katsina State, Alhaji Sani
Magaji who was present at the event commended the State Government for its visionary move. He noted that Katsina is the first Nigerian state to create a dedicated department to manage its financial interactions with commercial banks.

He also stated that this is a bold and strategic step and it will go a long way in transforming the economic system to a phenomenal and high state . He expressed the readiness of the banking community in supporting the government’s initiatives and contribution to community development.

The meeting concluded with a shared commitment to building a more inclusive, transparent, and efficient financial environment in Katsina State—highlighting the critical role of collaboration in achieving sustainable development.

Basira Abubakar
Public Relations Officer
For: Department of Banking and Finance, Katsina state.