The Central Bank of Nigeria has urged students and the management of the Kaduna Polytechnic to adopt the e-Naira for payment of tuition fees and other transactions.
The Branch Controller of CBN Kaduna State, Muhammad Aminu, stated this during a sensitisation drive on the e-Naira wallet by the apex bank at the Tudun-Wada main campus of Kaduna Polytechnic, Kaduna.
He noted that the e-Naira was designed to complement the existing physical naira and to provide a more efficient, secure, and accessible means of payment.
Aminu said the exercise was to sensitise students and other stakeholders on the need to embrace the e-Naira platform.
According to him, the e-Naira launched by President Muhammad Buhari on October 25, 2021, has the potential to revolutionise the way “we transact and conduct business”.
He said: “The e-Naira is not really new as you are aware. It was launched on October 25, 2021, precisely. Since then, we have been on this campaign. We at the CBN Kaduna Branch are trying to optimise the usage and acceptability of the e-Naira.
“I am thrilled to stand before you today and talk to you about an incredible development that can directly impact each and every one of you – the e-Naira, Nigeria’s very own digital currency.
“The e-Naira is not just any currency. It is designed to complement the existing physical naira and to provide a more efficient, secure, and accessible means of payment.
“By embracing the eNaira, we position ourselves at the forefront of progress, fostering a thriving economic environment.”
Meanwhile, the management of the institution through its bursar, Mohammed Ahmed, commended the CBN for the initiative and assured it of the institution’s support in promoting the use of the platform for transactions.
He said:”We are moving towards the digital era. So, the sensitisation is of great importance to Kaduna Polytechnic because this will give the staff and students the opportunity to know what the e-Naira is all about, to be able to reduce business transaction with cash.”