...management assures acceptability and adoption
The Central Bank of Nigeria (CBN) yesterday, took its eNaira sensitization campaign to the University of Uyo, Akwa Ibom State, stressing on the importance the e-wallet policy offers to ease and secure financial transactions.
The CBN, through its Uyo Branch Controller, Mercy Itohan Ogbomonpaul, who was represented by Assistant Director, CBN, Isang Agbomi Enya, said the sensitisation programme was to educate the university community on the system and encourage them to embrace and key into it for ease, safe and efficient financial transactions.
Ugbomonpaul who was received by the Vice Chancellor, Prof. Nyaudoh Ndaeyo, noted that the the digital currency policy is yet to receive the much desired acceptability in terms of usage across the country.
She said: “We are here to partner with you on the eNaira. Globally, the economy is now going e-payment and not cash payment as it is known in our environment. The central bank in its wisdom, in line with best practices adopted the eNaira platform.
The eNaira is expected to help us to be in par with what other countries are doing. The unfolding trend now is that we use e-payment rather than the physical cash. The e-naira is an initiative of the Central Bank that would work in par with the physical cash.
It is the semblance of the naira that we could use in transaction rather than the physical cash because the naira as we know is very difficult and is costly to replace.
The eNaira would make our payment system more viable and bring in more people into the system. It is simple, it is easy and will allow the government to get its revenues in terms of payment very easily,” she added.
In his response, The Vice Chancellor said the institution was happy to be part of the initiative and would partner with CBN on the eNaira.