New Naira Policy Is Not Aimed At Any Individual – CBN

The Central Bank of Nigeria has come out to urge Nigerians to make use of eNaira and Internet banking as alternatives to the current naira scarcity.

The bank recently had its say via a press statement, and Nigerians have been reacting.

According to CBN, the new naira policy is not aimed at any individual as being insinuated in the public domain, and it is only meant to strengthen our macroeconomic fundamentals and better our socio-economic conditions.

The bank added that the payment system infrastructure can handle an increasing number of transaction volumes across all payment channels.

It read, “The CBN Governor, Mr. Godwin Emefiele, has always said that the policy is not targeted at anyone or any group of persons, rather, it derived from the Bank’s in-house analysis to strengthen our macroeconomic fundamentals and better our socio-economic conditions.”