Central Bank of Nigeria (CBN) has provided a 5 per cent subsidy for those using the digital currency, eNaira platform for transportation.
CBN also noted it is targeting no fewer than 10 agents in the 774 local government areas in Nigeria to drive the eNaira adoption.
In total, the bank is planning to engage more than 7,740 agents with a view to onboarding people at the grassroots on the eNaira platform.
Speaking at the Keke NAPEP riders’ eNaira onboarding at Galadimawa Junction in Abuja on Saturday, a Central Bank of Nigeria consultant, Dr Aminu Bizi said “CBN has decided that a customer will have a 5 per cent subsidy. The CBN will give you a 5 per cent subsidy. Electronically, the Keke NAPEP using the platform will have an instant 5 per cent discount if a passenger pays N100. The Keke NAPEP will have N100, plus the 5 per cent,” he said, noting that the passenger would also have a 5 per cent discount.
Bizi said the essence of the sensitisation programme was to show Nigerians at the grassroots how the eNaira platform worked.
“An ordinary phone can carry the eNaira, without having an account number, without having a BVN. What you need is just a NIN number. You can receive and transfer from any account,” he noted.
He reiterated that there would be no fewer than 10 agents in each of the 774 local government areas across Nigeria who would be driving the onboarding programme.
The eNaira is the CBN’s digital currency, which is a legal tender backed by the law.
According to a representative of the coordinator, Technical Working Committee on the eNaira, Hajiya Rakiya Mohammed, the essence of the sensitisation exercise was to educate Nigerians on the digital currency and onboard them on the platform.
Mohammed, who was represented by an officer in the Technology Department of the CBN, Dr Nuhu Khalifa, said: “Today, we are here to engage a wider community of Keke NAPEP riders. Our adoption drive covers all segments and all sectors of our country. That is, from government institutions to SMEs and people who spend any type of currency. We are engaging the Keke NAPEP community on how they can use the platform for exchange and how they can help us become ambassadors for the currency, which is a national asset.
Mohammed noted that using the platform did not require too much technical knowledge, stressing that it involved a simplified application and could be downloaded on any phone.
“You can engage any of our agents and partners. We have done a number of events across Nigeria. This is not the first time, and this won’t be the last.”