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Include Housing As Part Of Financial Inclusion Strategy — CFAN

viewpoint by viewpoint
November 16, 2022
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Fatima Haliru —

The Executive Secretary of the Cooperative Financing Agency of Nigeria (CFAN), Emmanuel Atama yesterday at the 6th CFAN summit in Abuja, the Nigerian capital, appealed to the Central Bank of Nigeria (CBN) to include housing as part of its financial inclusion strategy.

Including housing in the financial inclusion drive of the CBN he said will help CFAN members in rural areas have better access to housing and be financially included.

Atama said the summit which was aimed at accessing how financial inclusion products could create jobs and wealth for a more secured living among the cooperative movement in the country, also dwelt on other sectors like agriculture and Micro, Small and Medium Enterprises.

He listed the CBN’s financial inclusion products to include savings, credit, pension, insurance and capital market.

“The summit will dwell on three major issues of housing, agriculture and Micro, Small and Medium Enterprises (MSMEs), he stated.

“The CBN should include housing in their financial inclusion drive.

“The way that monies are allocated to MSMEs, they should also consider housing”, he said.

Tags: Central Bank of NigeriaCooperative Financing Agency of Nigeria
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