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CBN Challenges Ogun Government On Financial Inclusion

To effectively bring more residents of the state into the Financial Inclusion Index of Ogun State put at 49.0%, for economic development and progress, the … Continue reading CBN Challenges Ogun Government On Financial Inclusion


CBN LogoTo effectively bring more residents of the state into the Financial Inclusion Index of Ogun State put at 49.0%, for economic development and progress, the Central Bank of Nigeria, CBN, has challenged the State Government to further accelerate ways of reducing this figure to 20% in line with national target by 2020:20.

This challenge was given by the Head, Coordinating Office, Financial Inclusion Unit Development of the CBN, Mr Joseph Attah, during an advocacy and sensitization visit to the state on Financial Inclusion Strategy held at the Governor’s Office, Oke Mosan in Abeokuta.

This figure, said to be the highest in the South-West Nigeria, has, however, been rejected by the State Commissioner for Finance, Mrs Kemi Adeosun. She said that the figure did not represent the realities in the state and that various initiatives have been put in place by the State Government in this direction.