The eNaira is expected to deepen financial inclusion by bringing more people into the financial space, improve access to credit and facilitate cross-border remittances. “I therefore appeal to Nigerians to embrace the eNaira just like our beloved Naira, our pride”, he said.
He said the Central Bank of Nigeria has continued to ensure robust, safe, reliable, credible and efficient payments system in the country through the review of the mobile money operations services, licencing of super agents, shared agent network expansion facility, execution of the NCC and CBN MoU on payment system, among others.
The CBN’s spokesman who took the audience on a tour of the bank’s stand at the trade fair complex, also renewed the call on Nigerians to focus on the production of items which have comparative advantage to grow a nation that is totally self-sufficient.
He reiterated the need for the country to produce what it consumes to enable job creation for the youth and ultimately drive sustainable growth that will make life better for all citizens.
He said faithful implementation of the African Continental Free Trade Area that commenced in January this year provides Nigeria and other member countries with access to a large market, as movement of capital, people, goods and services would become easier within the free trade area.