Financial inclusion key in economic recovery plan – Osinbajo

 Vice President Yemi Osinbajo on Wednesdsy in Abuja said that the country needs to ensure financial inclusiveness for all towards the revamp of the nation’s economy.
He stated this while hosting Queen Maxima of Netherlands who is also the UN Secretary General’s Special Advocate for inclusive finance for development.
According to Osinbajo, financial inclusiveness is important for development of the individual, community and country.
“Of cause financial inclusion is absolutely important for us as an economy.
 “We need to be able to ensure that all of our people, wherever they live, no matter how far away they are can be reached with financial products; have bank accounts.
“Payments can be made to them and they also can make payments; in other words they can participate in the entire financial architecture that the country offers and even that the international community offers.
“And that really is important for development, for their development as individuals and as communities.’’
The Vice President acknowledged the Queen’s second visit to the country to find out how far the country had gone with its financial inclusion plans and projects.
Responding, Queen Maxima said that “Nigeria is a country of enormous potential where financial inclusion should be playing great role for your development.’’
The Queen stated that having access to savings, insurance payment credit could make the people move out of poverty and invest in small businesses, create income, employ people and save for the rainy day.

Source: The Nation