faults calls for Emefiele’s resignation

The Central Bank of Nigeria (CBN) has said that Nigerians can begin to download e-naira wallets on their phones from October 1.

The Director, Payment System Management, at the CBN Mr. Musa Jimoh, said this during an interview on the ‘Business Morning’ programme on Channels Television yesterday. This came as the apex bank also decried calls for the CBN Governor, Godwin Emefiele’s resignation.

According to him, the e-naira which is set to be launched on October 1, 2021, is a legal tender equal to the value of the naira and thus must be accepted as a form of payment by all merchants and business outlets. Jimoh said: “Today, anywhere you present naira to pay, compulsorily it must be accepted because that is our fiat currency.

So, the same way naira is accepted that you can’t reject it, is the same way e-naira must be accepted. Anywhere in this country where e-naira is presented, it must be accepted.

So, merchants must accept e-naira as a means of payment. “The liability of the enaira money is directly on CBN which is similar to the cash you hold. The liability of the cash you hold today rests with the CBN.

So, it gives Nigerians the opportunity to bank with CBN.” The CBN Director emphasised that the e-naira comes with many benefits and would save the cost of printing more notes.

“Today the cost of producing the naira and coins is very high. It costs money to print naira in this country. Now, the minting of e-naira is electronic so it reduces cost,” Jimoh stated. He also said that charges of transferring funds would be lower for those using the e-naira.

Meanwhile, the spokesman of the CBN, Mr. Osita Nwanisobi, has faulted claims from certain quarters for the resignation of the CBN governor over issues relating to the exchange rate of the naira.

Speaking with newsmen in Abuja on Monday evening, Nwanisobi alleged that those behind such calls were only pursuing their selfish agenda fueled by those who had long benefitted from rent-seeking practices in the parallel forex market, which he refused to recognize as a significant segment of the country’s forex market.

According to him, the CBN would not be distracted in its mandate by yielding to the selfish tendencies of a few to the detriment of the majority.

He therefore urged the banking public to disregard claims aimed at impugning the reputation of the Bank, insisting that the Bank remained committed to carrying out its mandate for the good of the Nigerian people.

He also assured that the CBN remained committed to meeting the foreign exchange request of travelers with legitimate needs as they relate to travel allowances, payment of tuition and medical fees among other invisibles.

He noted that there was enough supply of foreign exchange to the banks to meet legitimate demands for foreign exchange.

Nwanisobi, who insisted that no customer requiring foreign exchange for genuine transactions would be turned back by their banks, urged the banking public to insist on their rights to be attended to as long as they possess all the requisite documents to validate their request.

https://www.newtelegraphng.com/cbn-nigeriansll-download-e-naira-wallets-from-october-1/

Someone should please explain the benefit of e-Naira.

You can't even maintain physical naira and you want to create a digital wallet

Dis ppl are funny.. Anywhere e-naira I presented it MUST b accepted. Of what use will it be if I can easily jus make transfer from my account? Why will I stress myself with an e naira wallet and e naira wen it is going to b d same with d money in my account. Wetin concern market women with e naira?

After banning crypto.So how do we now trade E naira ..confused Godwin Emefile

Interesting..

Now that almost all the ecurrency are down, let's see how e-naira wallet would perform

Naira is becoming useless and all emefiele and his goons are interested in is how Nigerians will start downloading E- naira. Rubbish

Wetin concern barrow pushers with e-naira

Damnnn niggar
Isoright...

All these people go fit secure and maintain am

I be nor dey do local before o...

Make this one nor come make me start to dey run local
Boys sit down their own now...una want dey give them more tools and format with this introduction of e naira

Ussd should be maintain first with low deduction, stop dabbling into things you can't control

Yeye

Yahoo boys right now

Will that improve the fortune of Naira against the free fall?

So, the same way naira is accepted that you can’t reject it, is the same way e-naira must be accepted. Anywhere in this country where e-naira is presented, it must be accepted.

Even to be accepted when you are not sure scam alert has been sent to you?

If I'm a pastor, I will use this one for one kind of end time preaching


Hello brethren, this is really signs of the end time. One world currency people of God, one world currency bla bla bla
Then I end it with that is why they are embracing it speedily, there is no more time


No reason me abeg, hope the value of e-Naira will be same as value of Naira? It will reduce the rate of counterfeit currencies, and torn money.
Let's forget our hate for Nigeria, we are the best country in Africa.

It is best to avoid this sham if anyone knows what they are doing. They banned crypto in Nigeria only to create theirs and then stylishly foisting it on those they deprived of crypto trading. How a country works anticlockwise and in this manner is quite unbelievable.

I hope CBN would fund the Wallets for us too, because I can't fund it with my hard earned naira.

Good

Don't give yahoo boys a breeding ground. eNaira won't solve anything now.

I just pity the software engineers that have to code that eNaira ready for production by October 1st. All I say is God Speed.

Yet they banned crypto transactions in the banks

Yeye dey smell

Huh

Yahoo Boyz shining their teeth

Quota system CBN governor. Solido would have done better.

Nigeria is the best country in Africa, no caps.
I remember telling someone (A Kenyan) I was Nigerian and he said it was a lie


In other words, it was like me claiming I was American.
I felt proud shaa. Getting VISA to Nigeria is actually tougher than we think, and yes Ghanaians and other WAs don't find it easy coming in, at least except our Fulani brothers.

Lol have they lifted the ban on cryptocurrency? Very daft government, you ban bitcoin just to create your own bitcoin, mumu.

Look out to how they'll loot e naira thinking it's gonna rise, Asin the half educated Abuja elites

Bia OP

Hope after they launch e-naira they would lift the ban on other coins