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Mobile money agents conference to focus on driving financial inclusion

By Ugo Onwuaso
19 October 2018   |   3:02 am
The 3rd annual conference of the Association of Mobile Money Agents in Nigeria (AMMAN) 2018 will be focusing on how to drive Central Bank of Nigeria Financial inclusion initiative. The conference is scheduled to hold on November 8, at Radisson Blu hotel, Ikeja with the theme ‘Driving Inclusion: Exploring Agency Banking with Shared Network’. Victor…

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The 3rd annual conference of the Association of Mobile Money Agents in Nigeria (AMMAN) 2018 will be focusing on how to drive Central Bank of Nigeria Financial inclusion initiative.

The conference is scheduled to hold on November 8, at Radisson Blu hotel, Ikeja with the theme ‘Driving Inclusion: Exploring Agency Banking with Shared Network’.

Victor Olojo, National President, AMMAN, said the event would help to set a positive agenda for stakeholders and the country in the Shared Agent Network Expansion Facilities (SANEF) designed to extend financial services to 60 million financially excluded Nigerians by year 2020.

“Shared Agent Network Expansion Facilities an initiative of CBN and Bankers Committee entails an aggressive roll out of 500,000 agent network to offer basic financial services, such as Cash-in, Cash-out, funds transfer, bill payments, airtime purchase, government disbursements as well as remote enrolment on BVN to an estimated 60 million Nigerians that are currently under-banked. We are the key actors in this initiative,” he said.

Olojo added:”We expect agents from all the state chapters and more important for us is the need to have a round table discussion with the regulators, operators, agents and other stakeholders. We are also trying to see how we can attract Insurance firms. As agents we can issue out third party insurance policies and more.We are also trying to play our role in CBN’s vision of achieving 80 per cent financial inclusions.”

Keynote speakers at the event include; Jacqueline Jumah, Financial Inclusion expert from Kenya, Henry Chukwu, Agent Network Specialist/Researcher, Efina; Tunde Ogungbade, Managing Director, Global Accelerex. Tunde Kehinde CEO, Lidya Finance.