CBN implores students to pay fees with eNaira

The Central Bank of Nigeria (CBN) has urged students to use the eNaira platform to pay school fees and other payments.

The advice came during a sensitization on eNaira at the University of Lagos, Akoka, Lagos.

Director of, the Information Technology Department at the CBN and Coordinator of, the Technical Working Committee, eNaira Secretariat, Rakiya Muhammed, said the campaign was part of efforts by the apex bank to ensure that no group of Nigerians is denied the opportunity of accessing the digital currency.

Muhamed, who was represented at the event by an official in the Information Technology Department of the apex bank, Khalipha Nuhu, said: “We have been engaging several organizations, several groups, institutions, and students as part of the objective is to bring everyone on board; that is every Nigerian. So, we are not leaving anybody behind.

“Students are also targets of our engagement and where best to engage students than in a university. So that is why we are here today to engage with the students and community of the University of Lagos to sensitize them on what eNaira is and also to get them onboard the platform.”

Responding to a question on what was digital currency’s specific benefits for students, the CBN Director said: “You can use eNaira for several things. Payment of school fees is among the things you can use the eNaira for.

“Payments with eNaira are seamless; the settlement is instant so you won’t have issues of network problems and as we have mentioned to the students, the beauty of the eNaira is that you can onboard use different types of platforms. You can do that using our USSD channels; using our mobile app, online, and also through partner agents.

“And the advantage is that you don’t even need to have a formal bank account to onboard on the eNaira platform. You can also use your NIMC number which is part of our target to improve financial inclusion. So, people who are not in the formal banking sector can use eNaira for transactions.”

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