Senator Uba Sani foundation partners CBN on financial inclusion

Senator Uba Sani foundation partners CBN on financial inclusion

- The residents in Kaduna Central senatorial district would soon have opportunities for access to credit facilities

- The kind gesture was disclosed by Senator Uba Sani on Tuesday, December 22, when his foundation partnered with the CBN

- According to the senator, the foundation would get about one million people to open bank accounts and acquire financial literacy in Kaduna state

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The Uba Sani foundation in partnership with the Central Bank of Nigeria (CBN) has organised a two-day sensitization programme for critical stakeholders across the seven local government areas of Kaduna Central senatorial district.

Legit.ng's regional report in Kaduna, Nasir Dambatta, reports that the partnership was meant to deepen financial inclusion and create opportunities for access to credit facilities for the people.

A statement signed by Abubakar Rabiu Abubakar, the zonal chief constituency officer to the Senator Uba Sani and made available to newsmen in Kaduna on Tuesday, December 22, revealed this development.

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Senator Uba Sani foundation partners CBN on financial inclusion
Senator Uba Sani foundation partners with CBN on financial inclusion to create opportunities for access to credit facilities for the people. Credit: @ubasanius
Source: Twitter

The stakeholders' meeting had in attendance the council chairmen, district heads, religious leaders (representatives of JNI and CAN), National Youth Council of Nigeria (NYCN) officials, leaders of persons living with disabilities organizations, political leaders, youth and women leaders across the seven local government areas in the zone.

Abubakar said the programme is the result of long and strenuous efforts by the founder of Uba Sani Foundation, Senator Uba Sani to ensure that the people of his constituency in particular and the north in general avail themselves of the opportunities offered by the federal government's Social Intervention Programmes (SIP).

The senator had observed that in successive programmes, the majority of the people could not benefit because they had no bank accounts and had little or no knowledge of how to access loan facilities.

He said instead of merely agonizing over the unfortunate situation, he took steps to remedy the situation by organising sensitization programme.

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Sani said the target of the foundation is to get about one million people to open bank accounts and acquire financial literacy in Kaduna state, and to get 4 million people in the northwest to open bank accounts at no cost.

According to the statement, the participants at the engagement session appreciated the Central Bank of Nigeria (CBN) and the Uba Sani Foundation for taking the bold step aimed at putting them in good stead to benefit from government's intervention programmes and incorporating them firmly into the ever dynamic financial system.

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They commended the senator for his vision and commitment towards uplifting the condition of his people by giving them tools for self and collective empowerment.

Meanwhile, Legit.ng had previously reported that Nigeria’s headline inflation rate rose by 14.89% (year-on-year) in November 2020 as against 14.23% recorded in October 2020.

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It was reported that this was contained in the Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Tuesday, December 15.

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Source: Legit

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