Though many Nigerians are yet to feel the positive impact of the Central Bank of Nigeria’s (CBN) cashless policy.
Yet the CBN governor, Godwin Emefiele, believes that the policy has already hit the ground running seeing as it has helped to reduce the activities of kidnappers and bandits within the country.
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Addressing the fact-finding ad hoc committee of the House of Representatives in Abuja, Emefiele stated that “the redesigned naira notes and CBN’s cashless policy has moderated inflation in the country and curtailed the activities of kidnappers and bandits.”
Appealing to the lawmakers and by extension Nigerians in their entirety to be more understanding. Emefiele explained that the apex bank was out to fight the incidence of insecurity in Nigeria
The CBN governor, urged those affected by the policy to bear with the apex bank, while urging Nigerians to comply with all directives.
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He said, “At this initial stage, there will be hitches, but it’s to make the Nigerian economy better and stronger.
