Financial Inclusion: Ekiti to engage 1000 youths for agency banking programme

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Mr Fasae said the Ministry of Wealth Creation and Employment has delineated the state into 132 units in preparation for the...

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The state Commissioner for Wealth Creation and Employment, Kayode Fasae, made this known in Ado-Ekiti during an inter-ministerial meeting with relevant Ministries, Departments and Agencies that would play roles in the mobilisation of relevant stakeholders and participants for the programme. He described agency banking as a strategy in the financial industry that uses authorised agents to deliver financial services to customers living in remote areas and beyond the reach of the traditional branch network.

Relatedly, the commissioner also disclosed that the government would soon begin the collation of data on unemployed youths, market women, artisans, motorcycleHe said that every individual captured under the programme would have a unique means of identification, so they could easily be contacted whenever there are job opportunities and other empowerment opportunities.

 

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