NIBSS Drives Cashless Policy with EnnovateNaija Contest

Eromosele Abiodun As part of measures to address some of the challenges facing the cashless policy scheme, the Nigeria Inter-Bank Settlement Systems Plc (NIBSS) has introduced an online crowd sourcing contest tagged: “EnnovateNaija”.

Disclosing this to journalists, NIBSS Head of Corporate communication, Mrs. Lilian Phido, stated that the execution of the contest was in collaboration with Samsung and IBM.

To participate, she said participants are required to logon to the “EnnovateNaija” website and forward their ideas bordering on the topic: “How do I make cashless policy more effective in my community.”

“A cash reward of N350, 000 and some Samsung devices will be awarded to the top 10 ideas. The Competition is open to everyone irrespective of nationality, age, tribe or gender. Entry closes 12 Noon Sunday 10th May 2015. The competition which is aimed at driving the cashless scheme is an initiative of NIBSS. It is co-sponsored by NIBSS, IBM and Samsung West Africa.

“This initiative is open to the general public and it is aimed at gathering innovative ideas from the consumers perspective on fresh and implementable solution based initiatives to further drive and ultimately to overcome the present challenges and further deepen electronic payment in Nigeria,” she said