FINANCIAL INCLUSION AND NATIONAL DEVELOPMENT

Emmanuel Chimaobi Nosike

Abstract


In the contemporary world economy, the plan to achieving economic growth has formed the policy thrust of world economies. Nigeria being a developing country has suffered a lot of economic consequences emanating from low level of economic activities evidenced by low productivity. Growth propellants such as technology and human capital development are made possible through finance development. Financial inclusion is therefore a policy that is imbued with so much of accelerated strategy to boost economic growth especially in developing economy. Access to credits by the low income group will help them to overcome financial shocks as well as boost their production which in effect leads to economic growth and development with concomitant poverty alleviation.


Keywords


Low Productivity, financial inclusion, Access to credits, economic growth and development, poverty alleviation.

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