By 2024, the Central Bank of Nigeria wants 95% of the population to be financially included. The Federal Government has released five strategic policy studies in an effort to achieve the goal.
In the meantime, the Anchor Borrowers Program has seen N1.07 trillion distributed to farmers by the CBN
More than 4 million smallholder farmers from all 50 states have received concessionary loan facilities since 2015.
Nigeria is at a turning point in terms of financial inclusion, according to the Deputy Governor of the Central Bank of Nigeria, Aisha Ahmad, who oversaw the conference’s planning committee.
She noted that the nation has advanced in this area, noting that financial inclusion had increased from 53.7% in 2011 to 64.1% now.