The NDDC boss re-stated the resolve of the Interim Management Committee (IMC) to join forces with key stakeholders to challenge powerful forces and systems that held the commission captive and subverted its core objectives. She said that the floating of a microfinance bank was coming at the most auspicious time when hard decisions needed to be taken to reset the trajectory of the NDDC and avoid the backlash of history. According to her, the initiative will not only touch the lives of NDDC staff, but also expand the frontiers of opportunities for the people of the region. “Microfinance is globally recognised as a key element of development that is not built on handouts and patronage. It engenders financial inclusion and removes the barriers that exclude many people from participating in the financial sector and using the services to improve their lives.

Source: The Guardian January 30, 2020 03:56 UTC