The Minister of Communications, Mr Adebayo Shittu, has disclosed that the federal government has commenced a working relationship with Kenya and Rwanda governments on the maximum use of ICT to improve the financial inclusive of Nigerians.
He added that the government is also contemplating on the need to establish a communications bank which will be a development bank that will assist in the financing of communication and ICT companies based in the country.
Shittu stated this in Ilorin while speaking with journalists at the weekend.
According to him, “Nigeria has to bury her pride and visit the two smaller African countries to learn how they have advanced in their technological know-how and how they have used communication and ICT to improve the living standard of their citizens.
“In Nigeria today, less than 50 per cent of the local government areas lacks banking facilities hence, they are being excluded from physical policies of government but with the e-banking being introduced, and Nigerians can operate financial transactions from their homes as well as transact other official business through their GSM including applying for international passports.”