The Central Bank of Nigeria, CBN, has assured that it will continue to ensure price stability in the country. The Yemi Cardoso-led apex bank which disclosed this on Tuesday in Lagos, counseling Nigerians to respect the naira and ‘keep it clean’ because it represents national identity.
Speaking at the event, CBN’s spokesperson Hakama Sidi-Alli , disclosed that the theme of the event “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development,” was carefully chosen to address the challenges mitigating against price stability in the country, adding that Nigerians must understands the apex bank’s policies as it affect the economy.
She said, “The objective of this engagement is to sensitise the public on how the Bank’s policies and innovations can enhance their lives and livelihoods, and contribute to the growth and development of the Nigerian economy.
“I would like to say a word about our currency — the naira. The CBN will continue to ensure the availability of clean currency. However, we urge you to see the naira as a critical symbol of our national identity. Please respect it and keep it clean. Do not hoard, mutilate, counterfeit, or damage the naira.”
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