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STAKEHOLDERS

Initial Phase of Credit Awareness Campaign will focus on building awareness among three groups

1. Lenders
  • Banks
  • Microfinance Banks
  • Other Financial Institutions
  • Telecommunication companies
  • Merchandising Companies
  • Leasing Companies
  • Other Trading Institutions

2. Borrowers
  • Corporate Bodies
  • Individuals
  • Government and other Institutions
 
 
 
 
 
 

3. Government and Policy Makers

  • The National Assembly
  • The National Identity Management Commission
  • The Central Bank
  • The Ministry of Finance
 
 
 
 
 
   
OBJECTIVES OF THE CAMPAIGN
   

The broad objectives of the campaign are to:

  • Deepen financial intermediation.
  • Broaden inclusion to attract the un-banked and uninsured.
  • Improve access to demand-oriented financial development services.
  • Better coordination and collaboration among key stakeholders including developmental partners, governments and other agencies
  • Support better regulation and coordination of MFIs.
  • Improve the capacity to use loans effectively for income-generation’ to save and repay loans
  • Promote responsible financial behaviour and practices among micro and small entrepreneurs.
  • Increase the current level of financial literacy in Nigeria.
  • Create a society where at least 50 – 60% of the population has access to formal financial service.
  • Accelerate economic growth and reduce poverty by increasing access to finance.
  • Create a better relationship between the consumers and financial institutions.

 

 
   
 
 
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