The Central Bank of Nigeria has sensitized the public on the effective and transparent implementation of monetary and exchange rate policy.
The sensitization programme was carried out continuously in Akure, Ondo State and Ibadan, Oyo State, capital via zoom meeting.
Stakeholders at the sensitization programme included market men and women, farmers, and corps members.
Speaking during the programme, CBN Governor Dr Goodwin Emefiele, represented by Deputy Director, Corporate Communication Department, CBN Mr Osita Nwanisobi stated said it was imperative for people to know various schemes of CBN in order to harness them for the progress of the nation.
Dr Emefiele said the customers had many rights such as the right to be informed, to choose, to safety, to privacy and confidentiality, redress, good service, equality and a free monthly statement of account.
Commenting on the new cashless policy, Dr Emefiele explained that the policy established a change in the payments systems in Nigeria and it would help the Central Bank and commercial banks to manage the economy better to ensure that the monetary policy works.
On its part, the Controller CBN, Ibadan branch, Mr Ismail Oyebola highlighted various ways CBN was contributing to the economy and urged the people to tap the potential.
Papers on consumers’ rights, currency operations, payment system management and e-Naira were presented during the programme.
The sensitization programme, which is a 2-day event tagged CBN Fair would provide an opportunity for participants to ask relevant questions on the policies of CBN and their rights as consumers.
Funmi Obagbayegun
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