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| Dr Ngama |
Chuks Udo Okonta
The Federal Government
has said the financial sector’s contributions to the economy; in the area of
job creation is far below those of Dangote Group and Julius Berger.
The Minister of State
for Finance, Dr Yerima Ngama, who disclosed this at the unveiling of the
Takaful Insurance Guidelines in Lagos, called on operators in the financial
sector to redouble their efforts in ensuring that the sector contributes more
to the Gross Domestic Product (GDP).
He also urged the operators
to support government’s effort towards the development of financial inclusion,
stressing that the government is committed to the development of financial
inclusion as demonstrated in the launching of the Nigerian Financial Inclusion
Strategy (NFIS) by the Central Bank of Nigeria (CBN) last year.
He said addressing the
constraints for building inclusive financial sectors is paramount in helping to
improve the lives of people. He noted that due to the distressing situation caused
by financial exclusion, efforts were put together to bring the financially
underserved sectors of the population into the fold of the moving world
economy.
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