• Thursday, November 30, 2023
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CBN engages stakeholders on publicity of cashless policy


The Central Bank of Nigeria (CBN) on Monday in Lagos said it had commenced direct stakeholders’ engagement to enhance public awareness about its cashless policy.

Ugochukwu Okoroafor, head of corporate communications of the CBN, said that the apex bank would also embark on further sensitisation to the cashless policy in Abuja and five other states in July.

He told the News Agency of Nigeria (NAN) that the CBN’s latest strategies were to ensure that the cashless initiative for Nigeria was entrenched.

It would be recalled that the CBN deputy governor for operations, Tunde Lemo, had at a meeting of the World Bank and the International Monetary Fund (IMF) disclosed plans to introduce the cashless policy to five more states.

At the meeting which held in the U.S. in February, Lemo said that the CBN planned to publicise the policy in Ogun, Anambra, Abia, Kano and Rivers states.

“We have started direct stakeholders’ engagement on the cashless policy to further make the public more aware of it.