How Can Developing Countries Reduce Financial Exclusion? A Critical Review of Nigeria’s Financial Inclusion Strategy
Efforts towards improved financial inclusion (FI) have heightened globally, as well as in Nigeria, due to the perceived positive links with faster development outcomes. Using secondary data, the study compared actual FI results with national targets. The findings show that since the introduction of the National Financial Inclusion Strategy (NFIS) in 2012, the number of Nigerian citizens with access to bank accounts and credit have significantly increased.