The Central Bank of Nigeria CBN has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira.
The Delta State Branch Controller of CBN, Mr Godwin Okafor, stated this on Friday, 20 May, at the popular Ogbogonogo market during the market sensitisation on e-Naira, Punch reports.
He urged traders to key into the central bank’s e-Naira policy.
He said, “We here at the market today to sensitise the market people on the use of e-Naira. It is fully backed by CBN unlike Bitcoin has no legal backing.”
The consultant of CBN on e-Naira, Dr. Aminu Bizi, said Delta was chosen as the second state to sensitize market women on e-Naira after Lagos.
“We are here to sensitise market men and women shop to shop on the use of e-Naira. CBN has gone behind ATM, POS, therefore, we are going to meet the Okada/tricycle union on this policy.