Cashless Policy: Anambra Business Community Pleads For More Time

Started by Shola Sholaz, Jul 06, 2013, 11:07 AM

Shola Sholaz

Apparently following a request by the Anambra State government, the Central Bank of Nigeria, CBN, has agreed to organise a sensitisation programme for the Anambra business community and other stakeholders in Onitsha, Awka and Nnewi to acquaint them with the apex bank's cashless policy.
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Anambra is among six states where the CBN has commenced the sensitisation exercise because those states control about 90 percent of commerce and cash deposits in the country.
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In the South-East, for instance, Anambra and Abia states were selected due to the high volume of commercial activities in Onitsha and Aba.
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The other states in the current phase of the CBN's cashless policy implementation are Lagos, Ogun, Rivers and Kano.
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Though the exercise was to have taken effect from July 1, 2013, it has been shifted to October 1 this year, perhaps to allow for more public enlightenment.

Folami David

The whole cashless policy of a thing is still shocking and strange to some people and I don't know why. Nigeria should just accept it.