‘Financial inclusion for women, farmers will aid economic recovery’

Stakeholders have reiterated the importance of inclusive financial services for Nigerian women, youths and farmers as a way to fuel the country’s economic recovery and growth.

This was stated at the Scale2Save financial inclusion knowledge-sharing event held in Lagos.

Scale2Save is a six-year programme of the World Savings and Retail Banking Institute in partnership with the Mastercard Foundation aimed at establishing the viability of low-balanced savings accounts and unravelling the extent to which savings help vulnerable people in the society to boost their financial wellbeing.

The Scale2Save Programme Director, Weselina Angelow, said the stakeholders’ knowledge-sharing events are important for Nigeria’s quest for inclusive growth and economic development.

Angelow stated that the mission of Scale2Save is to support financial inclusion initiatives to help millions of Nigerian youths, women and farmers.

The Chief Operating Officer, Nigerian Microfinance Platform, Adetunji Afolabi, stated that to attain a desirable level of inclusion, savings and not credit must be prioritised among Nigerians.