During an e-naira sensitization programme held at FUTA, Mr. Samuel Giwa, the Acting Branch Controller of the CBN in Akure, emphasized the safety, efficiency, robustness, and user-friendliness of the digital currency. He also highlighted that transactions carried out on the platform incur no charges.
“I strongly urge the university to adopt this for the collection of fees, levies, and revenues. I also encourage all businesses operating within the university to follow suit and embrace the e-naira.
“By doing so, you will not only enhance your financial well-being, but you also will contribute to the broader goal of economic growth of Nigeria,” he said.
According to him, if digital currency is embraced and utilized effectively, it presents an opportunity to revolutionize the financial landscape of the country.
The Acting Branch Controller emphasized that the e-naira is designed to complement the physical naira and provide a more efficient, secure, and accessible method of payment.
Giwa highlighted that digital currency represents a significant advancement in how individuals interact with money, as it is specifically tailored to meet the needs of a vibrant and dynamic community.
He further explained that the sensitization program was organized at the institution because youths constitute a substantial portion of society.
Giwa announced that the regulatory bank had selected certain students to serve as e-naira ambassadors, responsible for engaging with students in the school regarding digital currency.
In her statement, Prof. Adenike Oladimeji, the Vice Chancellor of FUTA, lauded the digital currency as a commendable initiative by the regulatory bank.
Representing the Vice Chancellor, Prof. Titi Amos, the Deputy Vice-Chancellor on Academics at FUTA, expressed that the e-naira offers numerous benefits and, therefore, should be embraced.
She expressed optimism that the efficient, easier, and more secure nature of the digital currency would undoubtedly appeal to the students at the university, especially considering their track record of success in various fields, both locally and internationally.