NYSC to partner with CBN on E-Naira for Corps Members

Ene Audu

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The Central Bank of Nigeria has requested for partnership with the National Youth Service Corps, NYSC on the use of internet money for Corps Members.

It also said the electronic platform would offer its users the ease of payments at no risk.
This is contained in a statement issued by the Director, press and public relations of the National Youth Service Corps.
According to the statement, the Deputy Director, Information Technology Department of the Central Bank of Nigeria, Mr Habib Yusuf, stated this on Monday when he led some staff of the apex bank on a courtesy visit to the NYSC National Directorate Headquarters in Abuja, Nigeria.
Speaking further, he said that the e-naira, which is the first of it’s kind in Africa encompasses digital wallets which would allow onboarding of many users and off-line payments for goods and services.
He also said that the electronic platform would also offer its users the opportunity of many innovations with ease.
In her response, the Acting Director General of National Youth Service Corps, Mrs Christy Ifeyinwa Uba commended the CBN for the innovation.
She said the Scheme is ready for collaborations that would make the service year memorable for the Corps Members.
Uba however added that NYSC Management would consider the request from the CBN.
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