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Nigeria, IIFC sign contract on financial inclusion project

Monday 23 March 2015 00:41 CET | News

The Federal Government and Bangladesh-based infrastructure provider International Investment Facilitation Company (IIFC) have signed a contract for the provision of advisory services to the financial inclusion project of Nigerian Postal Services, NIPOST.

The tripartite project is aimed at reducing the number of financially-excluded Nigerians in the Central Bank of Nigeria, CBN’s financial inclusion plan under the ongoing revival and transformation of the NIPOST by the Ministry of Communications Technology.

The NIPOST-CBN financial inclusion project is a multi-agency initiative involving communications ministry and CBN, with NIPOST as project owners and the Bureau of Public Enterprises, BPE, Infrastructure Concession Regulatory Commission, ICRC, and the Public-Private Partnership, PPP, Department of the Ministry of Finance as stakeholders.


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Keywords: Nigeria, IIFC, financial inclusion, project, Nigerian Postal Services, NIPOST, Federal Government, International Investment Facilitation Company, Nigeria
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