CBN Engages Unilag Students as e-Naira Advocators

The Central Bank of Nigeria (CBN) has taken the drive for e-Naira to the University of Lagos. The apex bank intends to sensitise and engage students as advocates of the digital currency.

According to the CBN, students are a critical factor in the adoption of e-Naira. The bank noted that the e-Naira is accepted as the naira notes while it can also be used to pay school fees. 

Speaking at the event, Director Information Technology Department, CBN/Co-ordinator Technical Working Committee e-Naira Secretariat, Hajiya Rakiya Mohammed who was represented by Dr. Khalifa Nuhu noted that the Central Bank has engaged several groups and organisations as part of the strategy to make e-Naira popular among Nigerians. 

The e-Naira adoption team also paid a courtesy visit to the Vice-Chancellor of the University, Professor Oluwatoyin T. Ogundipe, FAS, at his office. 

The team noted that the University of Lagos was selected as the pioneer institution for the onboarding exercise because the school is progressive and innovation-driven. 

Investors King had earlier reported that the e-Naira adoption team visited the tricycle driver in Abuja to inform them about the e-Naira platform.

While speaking at the awareness program in Abuja, the adoption team disclosed a 5 percent transaction discount for any tricycle driver who uses the e-Naira platform. The team added that any tricycle customer who uses the e-Naira platform to make payment will also enjoy the same discount. 

In another development, the Central Bank has disclosed that it will engage 7,740 e-Naira agents across the country as part of its efforts to boost adoption. 

The apex bank noted that it will install and engage a minimum of 10 e-Naira agents from each of the 774 local governments in Nigeria to make up for the targeted number. 

It will be recalled that the e-Naira was officially launched by President Muhammad Buhari, on October 25, 2021. It has a slogan of “Same Naira, More Possibilities” which symbolises the same quality as the naira note but with enhanced functionality.