Home > Business > Banking and finance > CBN, NOA To sensitie Nigerians On Naira

CBN, NOA To sensitie Nigerians On Naira

The National Orientation Agency (NOA) and the Central Bank of Nigeria( CBN), will embark on nationwide Sensitisation campaign to curb the abuse of Nigeria’s currencies.

The NOA Director in Sokoto, Alhaji Abubakar Danchadi, made the disclosure in an interview with the News Agency of Nigeria (NAN) in Sokoto on Saturday. “The nation’s currencies are part of our national symbols and it is regrettable that they are grossly abused in a myriad of obnoxious ways. ”These include mutilating them and spraying them during ceremonies, thereby marching on them. ”These also include putting them in parts of the body where they are not supposed to be kept,” he said.

The NOA Director further said that the currencies should be patriotically respected by both Nigerians and non-Nigerians alike. According to him, all Nigerians must respect the currencies because they are part our national symbols. He said the joint campaign by NOA and the apex bank was therefore to urgently reverse the ugly trend.

About Editor

Otunba Sayo Akintola is a 1992 graduate of Linguistics from the University of Ibadan, Oyo State. He holds a post-graduate diploma in Financial Management and MBA from Abubakar Tafawa Balewa University, Bauchi. He started his 12-year sojourn in journalism at the Nigerian Tribune in 1993 as Business and Economy reporter. He rose through the ranks to become the Group Business Editor of the nation’s oldest surviving private national newspaper, the Nigerian Tribune. He set up World Street Journal magazine in 2018.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

x

Check Also

CBN Unifies FX Rates, Devalues Naira…. Now N380 To One Dollar

Allocations to the three tiers of government in naira will increase as the federation account ...

Banks To Increase CBN Deposit As MPC Raises CRR To 27.5%

Deposit money banks in the country would have to increase their cash reserves with the ...