Kaduna State Achieves 66% Financial Inclusion Rate, Outpacing National Trend
Kaduna State in Nigeria has achieved a remarkable 66% financial inclusion rate, surpassing the national average growth rate. The state's annual growth rate from 2021 to 2024 stood at 6.67%, compared to Nigeria's overall rate of just 2.67%.
Notably, 2.5 million accounts were opened, with 800,000 adults entering the banking system for the first time. This progress was attributed to a homegrown strategy led by the state's Financial Inclusion Literacy Committee, which carried out targeted enrollment campaigns and utilized proprietary software.
The state is now focusing on translating access to financial services into economic empowerment for millions of its residents.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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