Fashola Commends CBN’s Cashless Policy

by on May 21, 2015

Lagos State Governor, Babatunde Fashola has commended the cashless policy of the Central Bank of Nigeria (CBN), which started as a pilot scheme from Lagos in January 1, 2012.

This is as the governor explained that the state government is on top of the game, driving the policy with all intents and purposes.

Fashola who spoke at an entrepreneurial forum in Lagos recently, said the state has been at the forefront of driving the initiative and that he recently signed an executive order for online payment of all state agencies. He said the implementation process across the agencies, would commence in few days time.

The essence, according to the governor, is to further make the state cash free where payment of all kinds will be done electronically.

He further explained that the state has created an online portal from where it could receive complaints and respond to enquiries immediately, an initiative he said, would reduce the heavy presence of people that visit the state secretariat on a daily basis.

“As at today, 11 ministries are already running a pilot scheme on the portal, while 14  otters are in the process of hooking on to the portal,” the governor said. He further explained that the portal would also help to reduce paper work, as people could now upload and download forms online.

With the online portal, people will have no business visiting the ministries everyday to obtain one form or the other, Fashola said.

Apart from the web based portal, the governor said the state has also created a mobile service that will enable people use their mobile phones to call designated codes such as 767 to make enquiries and get instant responses. The governor called on Lagosians to make better use of the various electronic platforms put in place by the state government, designed to enhance electronic transactions and communication that will boost the cashless policy.

“I have a feeling that everybody is depending on government for several things, but the truth of the matter is that government cannot attend to everybody, except through the various online channels it created to make life easy for everyone,” the governor said.

President of the Association of Telecoms Companies of Nigeria (ATCON), Mr. Lanre Ajayi had in the past, challenged both the federal and state governments, to put all government activities online in order to increase traffic of online users, a situation, he said, would help create broadband capacities that will in turn, boost eCommerce in the country. Ajayi had faulted a situation where everybody visits government ministries, just to make enquiries or make payments, instead of doing such through online means from the comfort of their offices and homes.

The Central Bank of Nigeria, had in 2012, introduced the cashless initiative, which seeks to reduce the use of physical cash in paying for goods and services. The initiative had since been embraced by Nigerians and it is also driving eCommerce in the country.


Source: This Day

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