{"id":24520,"date":"2018-06-21T19:47:47","date_gmt":"2018-06-21T18:47:47","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=24520"},"modified":"2018-06-21T19:47:47","modified_gmt":"2018-06-21T18:47:47","slug":"sec-takes-financial-inclusion-campaign-to-grassroots","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/sec-takes-financial-inclusion-campaign-to-grassroots\/","title":{"rendered":"SEC Takes Financial Inclusion Campaign To Grassroots"},"content":{"rendered":"<div class=\"mailContent\">\n<div id=\"message1790033220\" class=\"messagebody undoreset clearfix\" role=\"main\">\n<div id=\"yiv9306030566\">\n<div>\n<div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5059\">In line with the determination of the nation\u2019s financial authorities to achieve 80 per cent rate in financial inclusion by 2020, the Securities and Exchange Commission (SEC) yesterday, took its team of campaigners to Kwali Area Council of Abuja to enlighten rural duelers in the area on the meaning and essence of financial inclusiveness.<\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5059\"><\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5062\"><span id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5063\">The Acting Director-General of the commission, Ms. Mary Uduk<\/span><span id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5064\">, in her opening remarks, urged the residents who throng the Council\u2019s multipurpose hall to embrace the initiative which she said is\u00a0<span id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5065\">to ensure that various products at affordable costs are made available to the excluded.<\/span>\u00a0The campaign had been done in Karshi, Bwari, Kuje Area Councils and University of Abuja<\/span>\u00a0by SEC.<\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5062\"><\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5067\"><span id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5068\">\u201cI \u2018d like to invite all of you who are yet to enroll for E-dividend to hurriedly approach your Bankers\/Registrars to enable your dividends be electronically sent to your account,\u201d\u00a0<\/span><\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5067\">Uduk who was represented by Mr Frank Okafor an Assistant director in the commission said.<\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5067\"><\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5070\"><span id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5071\">In his goodwill message on behalf of the Central Bank of Nigeria (CBN), Hilary Ewubor of the Strategy Coordination Office in the financial inclusion secretariat of the CBN said financial inclusion has direct link with economic growth and rural development.\u00a0<\/span><\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5070\"><\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5070\">Mr Ewubor recalled how the Central bank has been able to penetrate a larger number of the unbanked community through different intervention programmes (in its financial inclusion drive).<\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5070\"><\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5073\"><span id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5074\">Ewubor encouraged people at the grassroots to go into formation of cooperatives to be able to access the many intervention funds of the central bank that include Accelerated Agricultural Development Programme \u2013 an advanced Anchor Borrowers\u2019 scheme, targeted at the youth.<\/span><\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5073\"><\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5073\">\u00a0He said as part of efforts to make the campaign an all-inclusive one, the CBN is opening banking halls, using NIPOST as agents in its bid to bring banking operations to rural dwellers.<\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5073\"><\/div>\n<div id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5076\"><span id=\"yiv9306030566yui_3_16_0_ym19_1_1529595438334_5077\">Representative of the National Deposit Insurance Corporation (NDIC), Dr (Mrs) Hyeladzira Ochonogor while assuring the people of security of their deposits and investments, categorically told them \u201cyour money will not loss. Your monies are secured with NDIC.\u201d She encouraged them to open bank accounts to benefit in the numerous advantages of modern financial market. \u201cYour money in the bank helps to grow the economy,\u201d she added.<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mtoolbar-bottom\">\n<form action=\"https:\/\/m.mg.mail.yahoo.com\/neo\/m\/compose?&amp;ac=FGFHzGK1IN.9aRxvzcGLTWifSRg-&amp;.rand=1380721555\" method=\"POST\" name=\"showMessageForm\">\n<div class=\"col_left\"><\/div>\n<\/form>\n<\/div>\n<p class=\"yiv7557415191ydpcec42aabyiv4249327239MsoNormal\"><em><strong>Photo Caption: From Left; Assistant Manager Research Policy and International Relations Department Nigeria Deposit Insurance Corporation, NDIC, Mrs. Patience Azuikpe, Senior Manager Market Development Department, Securities and Exchange Commission, SEC, Mrs Caroline Dokpesi and Representing Director General SEC, Mr. Francis Okafor during the Financial Inclusion outreach of SEC in Abuja, yesterday<\/strong><\/em><\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p class=\"yiv7557415191ydpcec42aabyiv4249327239MsoNormal\">\n<\/p><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>In line with the determination of the nation\u2019s financial authorities to achieve 80 per cent rate in financial inclusion by 2020, the Securities and Exchange Commission (SEC) yesterday, took its team of campaigners to Kwali Area Council of Abuja to enlighten rural duelers in the area on the meaning and essence of financial inclusiveness. 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