The Nigerian Naira redesign series: Effectiveness of the CBN Cash Swap Initiative for Rural Areas

What we know: There’s a significant gap in the agent network distribution target the CBN has set for the country, and the gaps are more pronounced in rural locations.

On Episode 7 of Inclusion for all radio, Chinasa Collins-Ogbuo - podcast host and Head, of Inclusion for all Initiative; is joined by Victor Olojo - the serving National President/Chairman, of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) to discuss the “EFFECTIVENESS OF THE CBN CASH SWAP INITIATIVE FOR VULNERABLE COMMUNITIES''.

Based on what we know, we are concerned about how effective the commendable effort of the CBN to reach the poorest through the cash swap program will be. Victor speaks passionately about the challenges that may be encountered due to the time frame limitation and the likelihood of not reaching the groups that need it the most.
At Inclusion for all, we continue to represent and amplify the voices of those we care about – and the Naira redesign has led to a series of conversations on how we can reduce the impact on the poorest