At the launch ceremony, Central Bank of Nigeria (CBN) Governor Godwin Emefiele said that the platform was a digital e-learning resource for financial literacy.
He said that SabiMONI is meant to provide individuals with the opportunity to be trained and become certified financial literacy trainers by taking a self-paced online course.
“The platform is aimed at supporting our efforts toward ramping up the number of experts that can be used to drive financial education in the country and perhaps beyond.
“One of the key drivers of financial inclusion today is no doubt financial literacy.
“It is a prerequisite for greater financial inclusion, which would lead to the stability of the financial system and ultimately economic growth and development,” he said.
Emefiele noted that a lack of financial literacy was an obstacle to greater financial inclusion.
He said that the National Financial Inclusion Strategy 2022 identified increasing adoption and usage of financial services in priority demographics as a way to address gaps in access.
The most vulnerable segments of society, he said, were women and young people (from both a safety perspective as well as an economic one), MSMEs and rural dwellers.
“And especially, the Northern part of the country as well as expansion of digital financial services and platforms amongst its strategic priority areas.
“To enable us to achieve these, we must take deliberate steps to upscale financial capability through financial education programmes.
“The shortage of skilled and experienced persons to drive financial education remains a major hindrance.
“Interestingly, the National Financial Inclusion Strategy 2022 places high priority on financial and digital learning.
Also speaking, Mrs. Rashida Monguno, Director of Consumer Protection at the Central Bank of Nigeria (CBN), said that financial literacy remained a key driver for global inclusion in finance.
She believes that financial literacy involves the knowledge and skills needed to make sound financial decisions.
She said that SabiMONI was conceived to be an avenue for driving financial education amongst the target segment of the Nigerian population and facilitating financial educational programmes thereby.
