E-Naira: CBN, Zenith Bank Take Sensitisation Drive to UNIJOS Community

The Central Bank of Nigeria (CBN) and Zenith Bank Plc, have taken sensitization drive to the University of Jos community to promote adoption of e-Naira, the country’s CBDC to the management, staff, and students of the university.

The head of the sensitization team and Branch Controller of CBN, Jos, Mrs. Tinat Esther Catherine said that a committee was working on making government disbursements and salaries receivable via the e-Naira platform, adding that e-Naira can be used for a number of transactions including payment of school fees as payments on its platform are seamless, and the settlement instant.

She said, “Students are the targets of the CBN’s engagement, and the best place to engage students is the university because they will take it round.”

The team, which also paid a courtesy call on the Vice Chancellor of the university, said it will promote the adoption of e-Naira to the entire university community “because we want school fees to be paid via e-Naira.”

Catherine observed that the whole world is going digital, hence the CBN is responding appropriately to the innovation by introducing a lot of cashless policies, of which e-Naira is one, noting that the Central Bank in Nigeria is the first to introduce e-Naira in Africa and only the second in the world.

Also speaking, an official of Zenith bank, Mr. Agai Joseph said that the e-Naira is not different from the regular cash in hand as it is a way to improve the payment system to make it more robust, and intended to widen the opportunities for people to make their payments. He added that the e-Naira was designed specially to facilitate small transactions.

Noting that it is faster and cheaper to use students as ambassadors to drive the policy, Agai maintained that the sensitization and training will make it easier for the students to create the awareness since they are within the ecosystem.