Mutual Benefit Decries Credit Gap, Says Only 6% Adults Have Access
Mutual Benefit Insurance Plc highlights a significant credit gap in Nigeria, revealing that a mere 6% of adults have access to formal financial credit despite efforts to increase financial inclusiveness. This stark statistic underscores the challenges faced by the majority of Nigerians in accessing essential financial services, which could hinder economic growth and personal financial stability. The issue is critical as it reflects broader systemic inequities that need addressing to foster inclusive economic development.
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