Ahmed charges FG on cash­less pol­icy

Daily Trust - - BUSINESS - From Ab­dul­la­teef Aliyu, Ilorin

Kwara State Gover­nor Al­haji Ab­dul­fa­tah Ahmed has called on the federal govern­ment to put in place nec­es­sary poli­cies that would en­hance the suc­cess rate of the cash-less econ­omy be­ing driven by the Cen­tral Bank of Nigeria.

Ac­cord­ing to Ahmed, the cash-less pol­icy re­quires to be pur­sued, not mainly by the CBN but by the FG with the de­ploy­ment of nec­es­sary in­fra­struc­ture, es­pe­cially power while the band must evolve crit­i­cal suc­cess fac­tors for the pol­icy.

Ahmed made the call when the CBN sen­si­ti­za­tion team on cash-less pol­icy vis­ited him at the Govern­ment House, Ilorin, said with cash-less econ­omy, cor­rup­tion would be­come the first vic­tim as move­ment of cash and at­ten­dant ten­den­cies for cor­rup­tion will re­duce crit­i­cally.

Newspapers in English

Newspapers from Nigeria

© PressReader. All rights reserved.