Fed govt pushes tech-driven risk management for economic resilience
…SGF urges data-driven governance, innovation alignment …receives Pillar of Risk Management Award of Excellence The Secretary to the Government of the Federation (SGF), Senator George Akume, has advocated the integration
...SGF urges data-driven governance, innovation alignment
...receives Pillar of Risk Management Award of Excellence
The Secretary to the Government of the Federation (SGF), Senator George Akume, has advocated the integration of technological innovation with risk management as a strategic pathway to building resilient and sustainable economies.
Speaking in Abuja on Wednesday as Special Guest of Honour at the 2026 National Risk Management Conference, the SGF said nations must deliberately align emerging technologies with robust risk management frameworks to effectively navigate an increasingly volatile global environment.
Akume, who was represented by the Director of General Services in the Office of the SGF, Mr. Idris Yusuf Ibrahim, described the conference theme, “Sustainable Technological Innovations and Risk Management for Resilient Economies,” as timely, noting that it provided a critical platform for stakeholders to chart practical strategies for managing evolving risks.
According to a statement issued on Thursday by the Head of Information and Public Relations in the Office of the SGF, Chris Ugwuegbulam, Akume identified key global challenges confronting economies to include rapid technological disruptions, climate uncertainties, financial volatility, cyber threats and shifting geopolitical dynamics, stressing that these demand proactive and forward-looking policy responses.
“In today’s fast-changing world, nations must adopt data-driven and anticipatory approaches to governance and enterprise management,” he said, adding that innovations such as artificial intelligence, blockchain, financial technology, digital governance systems and predictive analytics are transforming economies and societies.
The SGF, however, cautioned that while innovation presents vast opportunities, it also introduces new layers of risk, insisting that technology and risk management must be treated as complementary pillars of sustainable development.
He further underscored the need for deliberate investments in institutional capacity, regulatory frameworks, research and development, and digital infrastructure, alongside efforts to promote transparency and accountability.
Akume assured that the administration of President Bola Ahmed Tinubu remains committed to reforms under the Renewed Hope Agenda aimed at strengthening fiscal discipline, improving the ease of doing business, supporting innovation-driven enterprises and enhancing institutional efficiency.
Earlier in his welcome remarks, the Chairman of the Risk Managers Society of Nigeria, Dr. Abbas Idris, emphasised the growing importance of integrated risk management approaches in addressing global uncertainties.
He cited the lingering effects of the COVID-19 pandemic, geopolitical tensions, security concerns in the Sahel region and shifting global alliances as factors heightening the complexity of risks facing nations.
According to him, risk management has become indispensable for sustainable development and national stability, requiring coordinated, forward-thinking strategies across all sectors.
Highlight of the event was the conferment of the Pillar of Risk Management Award of Excellence on the SGF by the Risk Managers Society of Nigeria in recognition of his contributions to governance and institutional development.
