In response to this challenge, the CBN will in due course take action that will directly bring Banking services to the rural communities through the licensing of a national Micro Finance Bank, which will have a presence in all  local  governments  in  Nigeria,  thereby  supporting the channeling of credit to our rural communities.
We will continue to explore ways, in partnering with the fiscal authorities, on how we can best provide farmers and SMES with the support they need to expand their operations. 30. The other day when I visited an unnamed popular supermarket in Lagos, there was a big contrast between my visit to the shop 5 years ago, and my 25  visit in November.