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Elegbe, Atasie confident in Sanusi’s cashless policy

If there are two men who have shown great confidence in Central Bank Governor, Lamido Sanusi’s attempt at entrenching a cashless policy into  Nigeria, they may probably be the President of Electronic Payment Providers Association of Nigeria, E-PPAN, Mr Mac Atasie and his counterpart at Interswitch limited, Mr Mitchell Elegbe.

The duo through their outfits have rolled out different initiatives to support the cashless policy project. While Atasie’s E-PPAN rolled out a summit tagged E-payment for Government Summit in Abuja, to help government implementers of the policy out of the intricacies, Elegbe’s Interswith has thrown its weight behind the event.

The card company said its involvement in the epic event was due to its knowledge that the summit would bring a turn around in the implementation strategies of the CBN newly introduced cashless economy in Nigeria.

It could be recalled that the government through the CBN has decided to use e-payment as a driver of a new generation of e-services in public sector in a bid to entrench the cashless society and has set January 2013 target for Nigeria to embrace the cashless economy.

However, the MDAs are currently facing a lot of uncertainties and challenges in implementing the Federal Government policy on electronic payment. The summit would serve to release relevant government officials of the pressure which the new policy seems to be putting on them.

So, it is expected that the two day intensive forum would strategise on the best implementation methods of the cashless policy by the Ministries, Directorates and Agencies, MDAs of government to implement the new government cashless society.

The summit which holds in Shehu Musa Yar’Adua centre Abuja, July 10-11 2012, plans to feature series of workshops which would be facilitated by the Central Bank Officers, Commercial Bank Officers and the top relevant organizations in electronic payment. The summit would also provide avenue for all public officers to ask relevant questions which feedback, at the end of the day, will be used to shape the new policy further.

The workshops would foray into wide areas of importance in the implementation of the government’s cashless scheme, including What role will e-payments play in driving down the cost to serve citizens? How can e-payments complement the country’s vision 20:20:20 initiatives? How can senior officials build business cases for new e-payments programmes that best meet the needs of their MDAs’?


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