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Wednesday, April 24, 2024

FG says it plans to tackle poverty through financial inclusion

The federal government says it plans to tackle poverty and insecurity through the financial inclusion of all Nigerians.

• April 24, 2024
Poor-Nigerians
Poor-Nigerians

The federal government says it plans to tackle poverty and insecurity through the financial inclusion of all Nigerians.

Deputy chief of staff to the president, Ibrahim Hadejia, said this at a news conference in Abuja on Wednesday ahead of a national stakeholders’ workshop on financial inclusion slated for Thursday and Friday.

Mr Hadejia reiterated President Bola Tinubu’s administration’s commitment to an all-inclusive Nigeria under his ‘Renewed Hope Agenda’.

He said part of the plan was to unveil a roadmap to integrate unbanked Nigerians into the formal financial system.

“Economic and financial inclusion are essential components of President Tinubu’s agenda to integrate the underserved and unbanked Nigerians into the formal financial system.

“This will enable Nigerians to access a range of financial services at reasonable costs,” Mr Hadejia said.

The two-day workshop aims to sensitise stakeholders and chart a course for accelerating financial inclusion efforts nationwide.

The services include opening transaction accounts, savings, payments, transfers, credit, pension, e-commerce, and insurance (including health insurance) accounts close to places of work or residence.

Mr Hadejia stressed, “The Vice-President and Chairman of the National Council on Nutrition, Alhaji Kashim Shettima, is passionately committed to supporting the successful implementation of the national financial inclusion strategy.”

Nurudeen Zauro, the president’s technical adviser on financial inclusion, said the CBN governor, Olayemi Cardoso, would deliver the lead paper at the workshop.

The Alliance for Financial Inclusion is a policy leadership alliance owned and led by member central banks and financial regulatory bodies in developing countries to advance financial inclusion.

It was founded by the Central Bank of Kenya and the Bank of Thailand. 

(NAN)

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