Many have resumed back to face their businesses after the cash crunch or scarcity that marred economic activity in the first quarter of 2023.
But the Central Bank of Nigeria is still charting a new course towards ensuring that its digital payment channel (e-Naira), becomes more acceptable by Nigerians for transactions.
To achieve this plan, the CBN visited the University of Lagos (Unilag) and the University of Nigeria Nsukka (UNN) to create awareness about the e-Naira in these institutions of learning.
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Again, the CBN has sent its awareness and sensitization campaign team to Kawo and other markets in Kaduna, and Port Harcourt, the capital of Rivers State.
At the meetings, the Deputy Director of the CBN, Mohammed Hamisu Musa, assured the public that the electronic legal tender would complement cash and make transactions easier.
Musa, told traders at the District Head’s office in Kaduna that the time has come for all Nigerians to key into the e-Naira wallet because of its numerous advantages.
“I am part of the e-Naira team; we are here on e-Naira awareness and sensitiaation mission in Kawo market.
“We are also working with community leaders, the District Head of Kawo and we are going into the nooks and crannies to get support on how we can push the message far into the community, as possible.
“Our message is the e-Naira.
“e-Naira is nothing but another representation of cash, the same Naira we are used to; is what e-Naira is coming to complement.
“e-Naira is trying to address the well-known issues we usually have with cash such as robbery, insecurity issues.
“You could lose your money through fire incident and so many other ways.
“So, the electronic version was brought out by the CBN to address all these kind of issues as well as enhance transaction.
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“It can allow people to do their transactions in an easier and better way. Better than even using the physical cash,” he said.
The CBN team was also at the Sheikh Gumi Central market Kaduna where they sensitised traders on the advantages of the e-Naira, and entertained questions on the workings of the electronic legal tender.
