CBN, Reach Consult Cashless Policy Conference Begins Today

The annual stakeholders’ conference on the cashless policy organised by Reach Consult in collaboration with the Central Bank of Nigeria (CBN) begins today in Lagos.

The 2-day conference, now in its third year, brings together more than 400 delegates and experts within the Nigerian electronic and mobile payments ecosystem.

The theme of this year’s conference is: “Nigeria Transiting to a Cashless Society: Mapping the Nationwide Agenda.”

According to the organizers, this year’s event aims at discussing strategic issues “in respect of CBN’s on-going nationwide implementation of the cashless policy.”

Key topics that would feature at the conference include the development of infrastructure for the industry; enhancing financial inclusion through the deployment of alternative distribution channels and agent networking; security and risk issues associated with electronic and mobile payments; e-commerce, mobile money systems, effective multi-sector regulation as well as legislation, among others.

Alhaji Suleiman Barau, CBN's Deputy Governor, Operations, and Mr. Harish Natarajan, senior payment expert, World Bank, are both expected to present keynote papers at the conference.

The statement added that special guest speakers expected at this year’s conference include Chairman, Senate Committee on Banking and Finance, Senator Bassey Otu; Chairman, House of Representatives Committee on Communication, Oyetunde Ojo;

Chairman, Nigerian Electricity Regulatory Commission, Dr. Sam Amadi; Director General, National Identity Management Commission, Barrister Chris Onyemenam, Director General, Consumer protection Council, Mrs. Dupe Atoki among others.