Digital Economy: Nigerian govt takes banking to rural areas

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The Nigerian Government, through the Ministry of Communications and Digital Economy, has unveiled Nigerian Postal Service Debit Card, an Agency Banking

The Minister of Communications and Digital Economy, Prof Ali Pantami, who addressed journalists shortly after the unveiling, said the NIPOST debit card is meant for underserved and unserved areas, deepen financial inclusion and boost Nigeria’s digital economy.

Pantami said it is impossible for any economy to be transformed without digitization, adding that a digitized economy will improve ease of doing business, improve transparency and fight corruption. “First of all we’re in the process of NIPOST transformation and transformation cannot be possible without digitalisation,” the Minister told journalists.

“Secondly. We’re not agitating NIPOST debit card launched today must replace our AIT Cards, but rather it’s another alternative of banking, of financial transactions, of e-Naira wallet, for example, paying your bills and many more. Most importantly, these products will be used on and offline.

 

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But the FG cannot take electronic voting to rural areas? Banking works electronically with internet. Zoo!

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