CBN Takes eNaira Sensitisation to Kaduna Residents, Traders

CBN Takes eNaira Sensitisation to Kaduna Residents, Traders

The Central Bank of Nigeria (CBN) has dispatched a team of campaigners to the nooks and crannies of Kaduna state to educate and enlighten the people on the need to start making use of its Central Bank Digital Currency (CBDC) popularly called eNaira.

This is part of measures to spread the gospel of the new digital currency to all parts of the country so that Nigerians can take advantage of the platform to send and receive money without charges and without hiccups.

The CBN has also said the overrall pursuit of a cashless economy is one of the reasons it has been aggressively encouraging Nigerians to get on board the eNaira platform and get used to life without physical cash.

The apex Bank officials were in Kaduna over a two-day period in the company of its partner agent for the state, Aymaa Global Ventures, which recruited the participants for the sensitisation events.

Addressing a group of potential agents in the Malali area of Kaduna on Wednesday on the viability of the eNaira, a Deputy Director in the CBN, Mallam Muhammad Hamisu Musa, said that one e-Naira is representing the same physical cash they are familiar with irrespective of the fact that the digital currency cannot be touched or felt like its physical counterpart.

“The other important thing you all need to know is that Central Bank is not a profit making organisation and we are not engaged in giving loans by floating eNaira. Using eNaira does not command bank charges. It is meant to facilitate better and faster transactions and then reduce the issues we are having with physical money like armed robbery, money laundering, kidnapping, fire incidents and so on.

“And you know, with the eNaira, you can pay money exactly as you owe, to the exact amount that the services or products you are purchasing, like you can pay it up to the last kobo. Whereas with physical money that we are used to you cannot do that because people will start looking for change which is difficult to get,” he said.

Speaking in an exclusive chat with PRNIGERIA after the workshop, the Deputy Director said: “We are here today as part of our sensitisation programmes trying to sensitise the general public on the eNaira policy. The eNaira is out, the Central Bank has set it out to help people to now begin to use alternative means of doing transactions with cash. But this time around digital cash, not physical cash.”

He continued: That is what eNaira is all about, it is also cash, it is only that is not the physical one that you can touch. But it has a lot of conveniences, it has a lot of advantages and that is why we need to get the public to know so that they can begin to use the e
Naira.

“A lot of the participants are far more educated, more enlightened and they are in the position to go out to the field to assist the Central Bank to disseminate the information and get as many members of the public onboarded.”

The team was also at the palace of the District Head of Kawo, Kawo Market and also Central Market, all in Kaduna, on Thursday where hundreds of enthusiastic market women and leaders engaged them in a robust question and answer session.

The highlight of each of the sessions was the fact that all the participants had their eNaira wallets opened for them by the CBN and Aymaa officials.

By PRNigeria