The Vice Chancellor of the University of Ilorin, Professor Wahab Egbewol has advised the Central Bank of Nigeria, CBN, to make the e-naira policy accessible to Nigerians abroad to help facilitate the settlement of their international transactions.
Professor Egbewole, who is a Senior Advocate of Nigeria(SAN). stated this when he received a delegation from the CBN and a new generation bank, who paid him a courtesy visit in his office in Ilorin to help sensitise students and staff of the institution regarding the e-naira policy.
The VC observed that Nigerians who travel abroad find it difficult to spend or use any Nigerian account anywhere in the world, which remained an unpleasant experience.
The professor of Jurisprudence and International Law, urged the CBN to facilitate the acceptance of the e-naira policy outside the shores of Nigeria, stressing that Nigeria would be making a statement in the comity of nations if this was achieved.
In his presentation, the Project Manager of e-Naira in the CBN, Mr. Fadele Adeolu, explained that the e-Naira came to strengthen and enhance the existing payment channels and was not intended to replace or disrupt them.
