The NDIC boss said that the only way to lift Nigerians out of poverty was through massive inclusion in financial accessibility.The NDIC boss, who led top management team of the corporation on the visit, suggested the institutionalisation of the required financial accessibility for ordinary Nigerians and creation of more micro finance and payment service banks.
“People travel for hundreds of kilometers before they can reach a branch of Commercial or micro finance Bank.“There are local government and communities that do not have any branch of bank. They do not have ATM machines, they have nothing and you cannot achieve those without some kind of sustainable financial inclusion.“In achieving this, Nigeria has signed ombudsman to eradicate or to eliminate the problem of access to finance.
The NDIC boss urged the Ninth National Assembly to revisit the request of the corporation for repeal and reenactment of its Act which failed to sail through during the Eight National Assembly.According to him: “We are working very hard on issues pertaining to fraud and forgery in the banks. “Part of the emerging trends globally in the banking space is the emergence of block chains technology and crypto currency. Crypto currency is one example of block chain technology. These are new innovations that can be effectively used in checkmating fraud.”
Lawan said: “In the Nigerian economy you have a role to play in that economy and for us we would want to achieve an economy where Nigeria is at advantage and Nigerians get equal doses of opportunity.