The Nigeria Deposit Insurance Corporation (NDIC), has intensified its grassroots sensitisation campaign aimed at protecting traders and transport workers from falling victim to fraudulent savings schemes and illegal fund managers.
Speaking Tuesday at the Nyanya Market in Abuja during a focus group discussion with members of the Road Transport Employers Association of Nigeria (RTEAN) and the National Union of Road Transport Workers (NURTW), NDIC Assistant Director, Corporate Communications and Public Affairs, Adegbenga Fabuyi, said the outreach was designed to tackle ignorance and misinformation among small business operators in the informal sector.
He explained that many small traders and transport workers remain vulnerable to fake money lenders and illegal cooperative schemes because they are unaware of the protections available to them through the NDIC.
He added that the Corporation adopted the focus group discussion approach to complement its mass media campaigns, allowing direct engagement and feedback from participants.