Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, don officially launch the Payments System Vision 2028 (PSV 2028), a new strategy wey go help deepen financial inclusion, improve digital payments and strengthen Nigeria’s cashless economy.
Cardoso unveil the initiative for Abuja on Wednesday, saying the plan get target to achieve 95 per cent financial inclusion, reduce electronic fraud losses significantly and create more globally competitive Nigerian fintech companies.
According to am, the Payments System Vision 2028 no be ordinary policy document, but a practical roadmap wey go shape how Nigerians go transact, save money, do business and participate for the growing digital economy.
The CBN Governor explain say modern payment systems play a major role for economic growth and national development.
“Payment infrastructure na the invisible roads wey dey move money. Efficient payment systems now don become critical for economic growth, competitiveness and poverty reduction,” Cardoso talk.
He add say the apex bank dey committed to building a payment ecosystem wey go make transactions almost instant, safer and more accessible to millions of Nigerians.
Cardoso also note say the vision go encourage innovation within the financial technology sector and help Nigerian fintech companies compete with global industry leaders.
Top officials of the CBN wey attend the launch say the initiative go focus on improving digital payment infrastructure, strengthening cybersecurity measures, expanding financial access and creating a more reliable system for businesses and consumers.
The bank express confidence say successful implementation of PSV 2028 go accelerate Nigeria’s transition into a fully digital economy while creating more opportunities for financial inclusion and economic empowerment across the country.
