Economic and Financial Review

Alternative Title

Policy Dialogue on "Financing Inclusive Growth in Nigeria: Challenges and Prospects"


Central Bank of Nigeria


Finance, Inclusive Growth, Nigeria, Economy


This paper is divided into four Sections. The first is the introduction and definition of the title of the article, next is Section 2, which contains literature on theoretical construct on economic growth and development models, including Inclusive Growth (IG) model while in Section 3 we present the role of money in economic growth. Section 4 looks at models of financial inclusion and evidence of financing inclusive growth in some developing countries. In Section 5, we identified challenges and prospects for financing inclusive growth in Nigeria. Section 5 is the concluding remark where some recommendations are proposed for successful inclusive growth financing in Nigeria.

Author Bio

The author Professor Tella is with the Department of Economics, Olabisi Onabanjo University, Ago-Iwoye. The second author (Discussant) is Patrick I. Esenwah

Publication Title

CBN Economic and Financial Review





Recommended Citation

Tella, Sheriff A. & Patrick, Esenwah I. (2011). Financing Inclusive Growth in Nigeria: Challenges and Prospects. CBN Economic and Financial Review, 49 (4), 217 - 250.



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