Emir of Kano to CBN: Implement cashless policy gradually

The emir of Kano, Alhaji Aminu Ado Bayero has called on the Central Bank of Nigeria (CBN) and the commercial banks to follow the cashless policy implementation steadily and gradually for the people in the country to embrace and familiarize themselves with the new changes associated with the policy.

The emir made the call when a team of Bankers Committee of Nigeria headed by the CBN paid a courtesy visit to his palace on Tuesday.

He said although the policy is good and will bring positive development to the country, it has plunged people into suffering because it was introduced in a rushed manner, urging that they should be patient with people to accept it, especially in the rural areas.

According to the emir, instead of rushing the policy, the banks should embark on public enlightenment and awareness about the positive changes the people stand to get if they embrace the policy, adding that they should also listen to feedback from people as it will help them to succeed in the policy.

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Earlier in his remarks, a deputy director of the CBN, who is also the team lead, Muhammed Hamisu Musa said the  essence of the visit is to seek for the blessings of the emir and also to urge him to enlighten the public to embrace cashless policy because it has come to stay.