The National Association of Microfinance Banks (NAMB), FCT chapter, has elected new executive members to serve the association for the next two years.
Accepting his position as the newly elected chairman of the association, Sir Francis Akie pledged commitment and that of the newly elected executives to put in their best to ensure effective collaboration between the association, the Central Bank of Nigeria (CBN), the administration of President Bola Tinubu and other stakeholders to deepen and drive financial inclusion in Nigeria.
The outgone chairman of the association, Ms Nwanna Joel-Ezeugo, stated that she was happy with the mileage microfinancing was gaining in the aspect of supporting those at the base of the economic pyramid.
She said, “Microfinance banks in Nigeria have gained significant mileage in supporting businesses and households at the base of the economic pyramid.”
The newly elected PRO of the association, Mr Joe Onyeabor, advocated that government at all levels should incorporate microfinance banks in all the social intervention programmes in order to ensure the maximum impact intended by the government was achieved.