The 6th edition of the annual microfinance conference and entrepreneurship award with the theme: “Re-focusing Microfinance for Entrepreneurship Development in Nigeria”, took place in Abuja on 7 February.
In his statement to the conference, Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi highlighted many of the programs his institution is currently undertaking to tackle the counties high level of financially excluded population. The Governor made special note that as a part of the AFI network, CBN had made a commitment under the Maya Declaration to reduce Nigeria’s financial exclusion rate from 46.3 to 20 per cent by 2020. (See video link below)
CBN has undertaken a number of other strategic initiatives which include revision of the Microfinance Policy, Regulatory and Supervisory Framework.