Nigeria, Jan. 14 -- The Federal Government targets achievement of 80 per cent financial inclusion of its adult population by 2020, a revised National Financial Inclusion Strategy released on Wednesday by the Central Bank of Nigeria (CBN) has shown.

The strategy first adopted in 2012 aims at reducing financially excluded adult Nigerians from 46.3 percent in 2010 to 20 percent in 2020.

Latest figures released by the Enhancing Financial Innovation and Access (EFInA) department of the CBN showed about 36.6 million Nigerian adults, representing about 36.8 percent of the Nigerian adult population, do not have access to formal financial services.

The overall goal of the strategy, the CBN said, is to promote a financial system accessible to al...