FG to Promote Financial Inclusion in MDAs
By Patience Ikpeme
The Federal Government has resolved to implement financial inclusion in all Ministries, Departments, and Agencies (MDAs).
Government’s focuses will be on the need to improve the financial literacy of public sector employees in Nigeria and promote a national saving habit, smart investment, and planned retirement.
To this end, the federal government has initiated a training programme to build the capacity of public sector workers in order to improve their personal finances and add value to their families and workplaces.
These disclosures were made made the Director Economic Research and Policy Management (ERPM), Federal Ministry of Finance, Grace Ogbonna while declaring open a three day training programme for Federal Ministry of Finance Staff Batch 2, on the “Service-Wide Financial Literacy in the Workplace programme on Financial Inclusion”.
Ogbonna stated that Financial Inclusion around the world has continued to gain attention globally because of the important role it plays in economic development and poverty alleviation.
According to the Director, “a significant number of Nigeria’s public employees have poor knowledge of financial Inclusions, which has necessitated the Ministry’s need to launch an awareness campaign that would holistically build the capacity of public sector work force on financial literacy”.
She noted that “the focus is to empower workers and equipped them to be financially savy so as make decisions and exercise discipline in managing their personal finances which would encourage a national saving habit, smart investment and planned retirement for workers in the public sector.”
