• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

      PRNigeria logo fearured image

      EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

      EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

  • Fact-Check
  • Economy
    • Customs Diplomacy: Nigeria, Saudi Arabia Ink Mutual Assistance Deal

      Comptroller General Nigerian Customs Bashir Adewale

      Nigeria, Belarus Forge Alliance to Combat Smuggling, Facilitate Trade

      President Bola Ahmed Tinubu and CG Customs, Bashir Adewale Adeniyi

      Tinubu Hails Customs Boss Wale Adeniyi on Historic Election as WCO…

      WTO Lauds Nigeria Customs for Embracing Global Trade Standards

      Nigeria, Rwanda Sign Landmark Tax Treaty to Boost Cross-Border Investment

  • National
    • Chief of Defence Staff (CDS), General Christopher Gwabin Musa, National Security Adviser (NSA), Mallam Nuhu Ribadu, and the Major General Olufemi Olatubosun Oluyede,

      Security Watchdog Hails NSA, Military for Anti-Terrorism Successes

      IGP Kayode Egbetokun Police Boss

      IGP Egbetokun: Leading the Charge for a Safer Nigeria By Danjuma…

      Police Officer

      Police Rescue 29 Captives, Arrest 3 Suspects in Kogi, Lagos, Katsina

      NDLEA arrests ex-footballer for drug trafficking

      NDLEA Arrest Ex-Nigerian Footballer, 72-Year-Old Grandma, Others Over Illicit Drugs Trafficking

      Malam Yusuf Abubakar Dingyadi

      Dingyadi, PDP Chair’s Vocal Spokesperson, Resigns

    • Government
      • Tinubu Seeks Visa Waivers, Scholarships as Nigeria Establishes Diplomatic Ties with…

        Malam Yusuf Abubakar Dingyadi

        Dingyadi, PDP Chair’s Vocal Spokesperson, Resigns

        Ambassador Yusuf Maitama Tuggar

        Ambassador Tuggar’s Doctrine of Calm in a World on Fire By…

        A brief travelogue by Fredrick Nwabufo

        Mrs. Didi Esther Walson-Jack

        18 Workers, Two MDAs Honoured as Federal Civil Service Week Ends

  • Security
    • Police Officer

      Kano Police Confirm Death of Armed Robber After Foiled Attack on…

      Nigerian Navy Personnel

      Navy Arrests Suspected Militant, Recovers Machine Gun in Bayelsa

      Police Nab Two for Cement Diversion Across Four States

      Chief of Defence Staff (CDS), General Christopher Gwabin Musa, National Security Adviser (NSA), Mallam Nuhu Ribadu, and the Major General Olufemi Olatubosun Oluyede,

      Security Watchdog Hails NSA, Military for Anti-Terrorism Successes

      IGP Kayode Egbetokun Police Boss

      IGP Egbetokun: Leading the Charge for a Safer Nigeria By Danjuma…

  • Features
    • IGP Kayode Egbetokun Police Boss

      IGP Egbetokun: Leading the Charge for a Safer Nigeria By Danjuma…

      NDLEA Logo

      Drug Culture in Nigerian Music: When Art Imitates Harm By Arafat…

      Ambassador Yusuf Maitama Tuggar

      Ambassador Tuggar’s Doctrine of Calm in a World on Fire By…

      A brief travelogue by Fredrick Nwabufo

      WTO Lauds Nigeria Customs for Embracing Global Trade Standards

  • State
    • Police Officer

      Kano Police Confirm Death of Armed Robber After Foiled Attack on…

      Nigerian Navy Personnel

      Navy Arrests Suspected Militant, Recovers Machine Gun in Bayelsa

      Tinubu Seeks Visa Waivers, Scholarships as Nigeria Establishes Diplomatic Ties with…

      Plateau Delegation Visits Zaria Over Mangu Killings

      Anambra Police Arrest Man for Masterminding Friend’s Abduction, Collection of N5.3m…

  • Event
    • EFCC Witness: Yahaya Bello Had No Property Dealings With EFAB

      Hon. Rukayat Motunrayo Shittu (RMS), with PRNigeria Ladies in PR I'm Abuja

      Rukayat Shittu Set to Publish Inspirational Book “Cracking the Glass Ceiling”,…

      Chief Cornelius Olatunji Adebayo

      Former Kwara Governor, Chief Adebayo, Dies at 84

      Managing Editor of Image Merchants, Mr Abdulrahman Abdulraheem, PR Expert, Celestine Achi and the Editor-in-chief, Yushau Shuaib presenting the book to PRNigeria center

      PRNigeria Commends New Book on Artificial Intelligence in Public Relations

      Celestine Achi, AI in PR specialist

      IAAIEL Appoints Celestine Achi to Drive Strategic AI Communications

    • PR Nigeria Award
  • E-Paper
Home Economy EXCLUSIVE: Humanitarian Ministry Registers 1.6m NSIP Beneficiaries on e-Naira Platform – Perm...
  • Economy

EXCLUSIVE: Humanitarian Ministry Registers 1.6m NSIP Beneficiaries on e-Naira Platform – Perm Sec

By
Prnigeria
-
February 8, 2023
Dr Nasir Sani-Gwarzo, Permanent Secretary, Ministry of Humanitarian Affairs, Disaster Management and Social Development

EXCLUSIVE: Humanitarian Ministry Registers 1.6m NSIP Beneficiaries on e-Naira Platform – Perm Sec

The Permanent Secretary in the Ministry of Humanitarian Affairs, Disaster Management and Social Development, Dr Nasir Sani-Gwarzo, has revealed that his Ministry, in collaboration with the Central Bank of Nigeria (CBN), has registered about 1.6 million beneficiaries of the National Social Investments Programmes (NSIP) on the e-Naira platform.

The National Social Investments Programmes was established by the federal government in 2016 to tackle poverty and hunger across the country

The Permanent Secretary in an exclusive chat with PRNigeria said long before the CBN recently started an aggressive campaign to promote the e-Naira, the Ministry had de-emphasised doling out cash to the beneficiaries of their interventions and embraced digital cash transfer.

He added that after the CBN introduced the e-Naira as a form of digital currency, it approached the Ministry with a proposal to take advantage of it to pay its beneficiaries, adding that so far, the e-Naira has been the biggest discovery of the Ministry since its establishment.

As Nigerians continue to struggle to cope with the series of cashless policies introduced by the CBN, especially the recent naira redesign that has caused massive cash crunch in the system, he urged people to embrace the e-Naira which he said is a novel idea whose time is long overdue.

Read Also:

  • Kano Police Confirm Death of Armed Robber After Foiled Attack on Household
  • Navy Arrests Suspected Militant, Recovers Machine Gun in Bayelsa
  • Tinubu Seeks Visa Waivers, Scholarships as Nigeria Establishes Diplomatic Ties with Saint Lucia, OECS

“When the CBN approached us on this issue of e-Naira, we listened to them and held a series of meetings with them. There were lots of back and forth and arguments and counter arguments, but since we got started, our experience so far has been huge. In fact, I have been asking myself why didn’t this idea of e-Naira come to Nigerians long before now?

“Within a period of one month, we were able to register about 1.6 million of our beneficiaries on the e-Naira platform, and we will do more,” he said.

On the cash crunch in the system, he said: “Nigerians are only complaining about the cashless system because they have not fully embraced the e-Naira but the time will come that everyone will be on it and we will start asking ourselves why didn’t we do this decades earlier?”

According to him, the e-Naira has a lot of advantages, for which Nigerians will be grateful to the CBN when they fully embrace the idea.

Listing some of the advantages, he said “It is easier and cheaper to operate, no bank charges, bottlenecks and intermediaries and unlike commercial banks and no chance of depositors losing their monies since the CBN cannot fold up.”

Meanwhile, in a similar chat with the Economic Confidential, a,sister publication of m PRNigeria, the CBN’s Director of Information and Technology, Mrs Rakiya Muhammad, said that transacting business with the e-Naira wallet eliminates the network problems that the regular internet banking exposes customers to.

Going forward, she said the apex bank was working on eliminating the conditions of having smartphones and bank accounts before people can take advantage of the e-Naira.

She said that with the collaboration the CBN has with some telecom companies, Nigerians with any kind of phone and with no bank accounts can now use code to enrol on the e-Naira platform.

By PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • CBN
  • Disaster
  • enaira
  • Naira
  • Nasir Gwarzo
  • NSIP
Previous articleImo Again: Gunmen Attack CUPP National Spokesperson, Ugochinyere
Next article2023 Census Will Hold As Scheduled – NSA Monguno Assures
Prnigeria
Prnigeria

RELATED ARTICLESMORE FROM AUTHOR

FACT-CHECK: Did Borno Governor Zulum’s Wife Lift Primary School Mate Out of Poverty in Viral Video?

Fact-Check: Did Saudi ‘Sleeping Prince’ Wake Up After 20 Years in a Coma?

Fact Check: Does Rat Faeces Cure Appendicitis as Claimed in Viral Video?

FG Officials Arrives S’Arabia for Business Mogul Aminu Dantata’s Burial in Madinah

Police Officer

Police Rescue 29 Captives, Arrest 3 Suspects in Kogi, Lagos, Katsina

Customs Diplomacy: Nigeria, Saudi Arabia Ink Mutual Assistance Deal

Comptroller General Nigerian Customs Bashir Adewale

Nigeria, Belarus Forge Alliance to Combat Smuggling, Facilitate Trade

President Bola Ahmed Tinubu and CG Customs, Bashir Adewale Adeniyi

Tinubu Hails Customs Boss Wale Adeniyi on Historic Election as WCO Chair

Mrs. Didi Esther Walson-Jack

18 Workers, Two MDAs Honoured as Federal Civil Service Week Ends

BREAKING: Famous Business Mogul Aminu Dantata Passes On at 94

WTO Lauds Nigeria Customs for Embracing Global Trade Standards

Nigeria, Rwanda Sign Landmark Tax Treaty to Boost Cross-Border Investment

Recent Posts

  • Kano Police Confirm Death of Armed Robber After Foiled Attack on Household
  • Navy Arrests Suspected Militant, Recovers Machine Gun in Bayelsa
  • Tinubu Seeks Visa Waivers, Scholarships as Nigeria Establishes Diplomatic Ties with Saint Lucia, OECS
  • Police Nab Two for Cement Diversion Across Four States
  • FACT-CHECK: Are Travelers in Kogi Under Attack by Armed Fulani Herdsmen?
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Kano Police Confirm Death of Armed Robber After Foiled Attack on HouseholdNavy Arrests Suspected Militant, Recovers Machine Gun in BayelsaTinubu Seeks Visa Waivers, Scholarships as Nigeria Establishes Diplomatic Ties with Saint Lucia, OECSPolice Nab Two for Cement Diversion Across Four StatesFACT-CHECK: Are Travelers in Kogi Under Attack by Armed Fulani Herdsmen?FACT-CHECK: Did Borno Governor Zulum's Wife Lift Primary School Mate Out of Poverty in Viral Video?Fact-Check: Did Saudi 'Sleeping Prince' Wake Up After 20 Years in a Coma?Fact Check: Does Rat Faeces Cure Appendicitis as Claimed in Viral Video?Security Watchdog Hails NSA, Military for Anti-Terrorism SuccessesIGP Egbetokun: Leading the Charge for a Safer Nigeria By Danjuma S. MusaISWAP Terrorists Eliminated While Planting IEDs on Borno HighwayFG Officials Arrives S'Arabia for Business Mogul Aminu Dantata’s Burial in MadinahPolice Rescue 29 Captives, Arrest 3 Suspects in Kogi, Lagos, KatsinaCustoms Diplomacy: Nigeria, Saudi Arabia Ink Mutual Assistance DealNigeria, Belarus Forge Alliance to Combat Smuggling, Facilitate Trade
X whatsapp