Economic and Financial Review


Central Bank of Nigeria


Financial Sector, Poverty Reduction


The objective of this paper is · to examine the role and challenges facing the financial sector in providing the necessary financing on appropriate terms, volume and value, and in a timely manner. The paper is divided into six sections; following this introductory part, the conceptual framework on the role of the financial sector in poverty reduction is outlined. In section three the experience of the role of the financial sector in fighting poverty is reviewed with specific emphasis on the role of banks in micro- credit delivery in section four. Section five examines future challenges of the sector while I make my concluding remarks in section six.

Author Bio

J.O. Aderibigbe is the Director, Governor's Department, Central Bank of Nigeria

Publication Title

CBN Economic and Financial Review





Recommended Citation

Aderibigbe, J. O. (2001). The Role of the Financial Sector in Poverty Reduction. CBN Economic and Financial Review. 39(4), 135-158.



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