CBN Goes on e-Naira Local Markets Awareness Program Around the Country.

CBN Goes on e-Naira Local Markets Awareness Program Around the Country.
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    The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira.

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    The Delta State Branch Controller of CBN, Mr Godwin Okafor, stated this on Friday at the popular Ogbogonogo market during the market sensitisation on e-Naira.

    “Paper currency will soon be out of circulation because CBN spent money to print money and people abuse the currency in the market, spraying at the occasion, payment of Okada/tricycle and others and CBN is losing”

    He urged traders to key into the central bank’s e-Naira policy.

    Also Read : CBN Ban On Crypto Crippled Foreign Direct Investment In Nigeria, Report Shows. As CBN Governor Contest For President.

    He said, “We are here at the market today to sensitise the market people on the use of e-Naira. It is fully backed by CBN, unlike Bitcoin which has no legal backing.”

    The consultant of CBN on e-Naira, Dr. Aminu Bizi, said Delta was chosen as the second state to sensitise market women on e-Naira after Lagos.

    “We are here to sensitise market men and women, shop to shop on the use of e-Naira. CBN has gone behind ATM, POS, therefore, we are going to meet the Okada/tricycle union on this policy.

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