The Central Bank of Nigeria (CBN) says it is conducting an assessment of the 'Cash-Less Lagos' scheme, to determine when to introduce it in other states of the federation.
The Director, Banking and Payments System Department of the CBN, Mr Dipo Fatokun, made the disclosure in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos.
Fatokun said that the success of the pilot scheme of the policy would assist the apex bank to determine what to do in the next phase of the scheme.
He said that an assessment of the policy carried out recently, had revealed that the policy had recorded some success.
According to him, the success of the pilot scheme will also assist the regulator in implementing the policy nationwide.
Fatokun said that the CBN had identified some challenges facing the policy, noting that the recognition of the challenges would help in identifying future problems.
He expressed optimism on the preparedness of the CBN to confront whatever "setback" that might arise in the implementation of the policy in other states.
The director, however, did not disclose when the policy would start in other states but said that only the board and management of the CBN could determine that.
"Once we get it right in Lagos, we will get it right in other states.
"An assessment is being done to see how well we have performed in Lagos but the truth of the matter is that we are not doing badly. We are doing well.
"So, when the board and the management choose, we can decide where to go and when to go," Fatokun said.
He said that the CBN would soon introduce multi-functional Automated Teller Machines (ATMs), having features obtainable in ATMs currently in use.
Fatokun explained that the new ATMs were designed to accept deposits from customers and credit their accounts immediately after transactions were done on it.
"You will now be seeing multi-functional ATMs that can take money from customers.
"The new ATMs are designed that instead of going to banking halls to deposit, you make use of it by filling your data and your account will be credited immediately," he said.
The director said that the innovation would assist the cash-less policy and reduce man-hours wasted in attending to customers coming to banks for deposits.
He said that another advantage of the facility was that it would reduce long queues of customers, trying to deposit cash in banks.
NAN
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Disclaimer
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MAKE UNLIMITED CASH WITH YOUR LIBERTY RESERVE AND PERFECT MONEY ACCOUNTS DAILY!
This is absolutely free and very easy, all you need is an internet facility.... I have been using this system for some time now and i can make up to $500 per day, I will be showing you how to make unlimited cash with your liberty reserve account and a perfect money account. I will try to make it as short as possible, but clear. Just like every other business your interest and seriousness counts.
HOW IT WORKS
1. open a LIBERTY RESERVE ACCOUNT at http://libertyreserve.com (free)
2. open a PERFECT MONEY ACCOUNT at http://perfectmoney.com (free)
3. Fund your liberty reserve account with a minimum of $22,because of transaction charges, actually you needed a minimum of $20.
(Note: To fund or sell your liberty reserve, go to www.google.com to search for an exchanger close to you.)
4. Go to http://www.electro-convert.webs.com and exchange $20 from your liberty reserve account to your perfect money account, going by the rates below: 1 LR------>1.28 PM, therefore, 20 LR----> 32.80 PM.(note:1 liberty reserve gives you 1.28 perfect money,therefore 20 liberty reserve gives you 25.6 perfect money. Then,
5.Go to http://www.superchange.ru or http://www.swapgold.com ,and exchange 25.60 Perfect money to 22.02 liberty reserve, Going by the rates below:
(i.e 1 PM ----> 0.97 LR, therefore 25.60 PM--->22.02 LR. Wow! SEE' You have gain $4.83 from the initial $20 you invested.
6. Repeat the exchange process from LR---->PM--->LR , as many times as you can and get to your daily target.
You can always increase your capital, because the more money you exchange the faster you make your cash.
"The only place where success comes before work is the Dictionary."
Disclaimer
How much money you make depends on your capital and the amount of time you put into this venture.
GOOD LUCK TO YOU.