Emefiele: eNaira Recorded N8bn Transactions in OneYear Says CBN targeting 100% cashless economy Set to partner, on-board revenue collection agencies, others
Nume Ekeghe The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele yesterday disclosed that the country’s digital currency, the eNaira recorded a total of N8 billion
transactions in the first one year after it was launched by President Muhammadu Buhari. The CBN governor also said the Central Bank Digital Currency (CBDC) was part of the central bank’s plan to make Nigeria fully
a cashless economy. Emefiele, also noted that in the coming days, the CBN and the Bankers’ Committee would unveil plans which would ensure the cashless policy is fully integrated across the county.
He also said the central bank was set to collaborate with the Ministry of Humanitarian Affairs for targeted social welfare programs as well as to on-board revenue collection agencies on the digital currency platform.
Emefiele said these in Lagos, at a conference to mark the one-year anniversary of the eNaira in Lagos. He said: “Since its launch, the eNaira has offered Nigerians endless possibilities in using financial services thus, living up to the
chosen slogan, ‘Same Naira, More Possibilities,’ as well as achieving some set out objectives. “Specifically, there has been overwhelming interest and encouraging Continued on page 11
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Osinbajo: Why Hardworking Deputies Run into Problems Jonathan seeks constitutional amendment for selecting vice presidential, deputy governorship candidates Chuks Okocha and Adedayo Akinwale in Abuja The vice president, Professor Yemi Osinbajo, yesterday, identified some
reasons why hardworking deputies often run into problems with power brokers, saying conscientious seconds-in-command are always thought to be working towards
outshining their principals. Osinbajo said this in Abuja at the launch of a book, "Deputising and Governance in Nigeria", authored by the governor of Kano State, Dr.
Abdulahi Ganduje. Former President Goodluck Jonathan, who chaired the book launch, advocated constitutional provisions to ensure presidential
and governorship candidates picked their running mates before the party primaries to reduce the animosity that such choices often caused. Osinbajo maintained that the
efforts of hardworking deputies were often subject to wrong interpretations. He said many Continued on page 11
FG: Terror Alert on FCT By Foreign Embassies Unverified, Misleading Says warning not for Nigerians UK insists there’s increased threat in Abuja Warns assault may be indiscriminate, western interest targeted Olawale Ajimotokan and Adedayo Akinwale in Abuja The federal government, yesterday, lashed out at some foreign embassies for allegedly issuing an unverified terror warning on the Federal Capital Territory (FCT), Abuja, posting clickbait, and causing panic in the country. Minister of Information and Culture, Alhaji Lai Mohammed, delivered the disavowal at a ministerial session of the on-going UNESCO Media and Information Literacy Week in Abuja. Mohammed said if, indeed, such security alert was necessary, it was for the attention of citizens of the issuing countries in Nigeria and not for the Nigerian public. But the United Kingdom insisted there was a terror alert, which it updated as having an increased threat of attack by terrorists on Nigeria’s seat of power. It, however, warned that the attacks in Nigeria Continued on page11
DEPUTISING AND GOVERNANCE IN NIGERIA... Former President Goodluck Jonathan, (L) with Vice President Yemi Osinbajo during the launch of the book titled: Deputising and Governance in Nigeria at the NAF Centre, Abuja… yesterday