CBN Governor, Sanusi Lamido Sanusi
Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi’s declaration, which put withdrawal limit at N150, 000 for bank customers, has been described as a step towards revamping the banking industry and by extension, the economy.
This was the unanimous viewpoint of expert stakeholders who spoke at a press conference, organised to herald the 11th International Exhibition tagged ‘Card, ATM and Mobile Expo Africa’ taking place in Lagos next week.
The Chief Executive Officer, Intermark, a consulting firm and organiser of the exhibition, Mr. Adeyinka Adedigba; Head of Cards, Diamond Bank, Mr. Robert Giles; and the Chief Executive Officer of Secure ID, Mrs. Kofo Akinkugbe; all agreed that the CBN’s directive would help the public and banking institutions align with the global standard on card usage.
Speaking on what informed the exhibition, Adedigba said it would be an intensive forum to sensitise the public on the need to embrace the electronic payment system in the drive towards a cashless society. He also pointed out that the event was strategically organised to ensure public access to information as far as electronic payment was concerned.
Speaking further, he noted that the forum would go a long way in resolving issues associated with electronic payment as different international speakers would be on hand to grace the sessions.
Similarly, the Head of Cards, Diamond Bank, Mr. Robert Giles, while commenting on the initiative described the forthcoming event as a watershed .which may likely aid awareness on cards and electronic payments in Nigeria, adding that it is a way of demystifying ATM Channels for the greater benefit of the public.
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