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LequteMan
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Nigeria according to the Central Bank of Nigeria (CBN) can still achieve the vision 2020 if government follows global trends and adopt best practices in its effort to achieve the vision, Leadership says.
Delivering a lecture on “Recent Development in the Nigerian Payment System,” CBN's principal manager, Banking and Payment System Department, Abuja, Mr Emmanuel Etim Udoh, disclosed that government has set up an 8-man committee to ensure that the vision is prosecuted and made achievable by ministries and agencies of government.
He said the National Payment Systems (NPS) was introduced to make the system available, transparent and meet the needs of users without interruption, at minimum risk and reasonable cost.
Udoh stated that the payments system plays a very crucial role in any economy, being the channel through which financial resources flow from one segment of the economy to the other, stressing that the core objective of the strategy which was launched in 2007, was to ensure an efficient payments system that would be nationally utilised and internationally recognised.
#Nigeria #Vision2020 #CBN
Delivering a lecture on “Recent Development in the Nigerian Payment System,” CBN's principal manager, Banking and Payment System Department, Abuja, Mr Emmanuel Etim Udoh, disclosed that government has set up an 8-man committee to ensure that the vision is prosecuted and made achievable by ministries and agencies of government.
He said the National Payment Systems (NPS) was introduced to make the system available, transparent and meet the needs of users without interruption, at minimum risk and reasonable cost.
Udoh stated that the payments system plays a very crucial role in any economy, being the channel through which financial resources flow from one segment of the economy to the other, stressing that the core objective of the strategy which was launched in 2007, was to ensure an efficient payments system that would be nationally utilised and internationally recognised.
#Nigeria #Vision2020 #CBN
