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Cardoso launches CBN Naira Ambassadors Club

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•Urges Nigerians to protect currency

By Emma Ujah, Abuja

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has launched the CBN Naira Ambassadors Club, a campaign aimed at promoting respect for and proper handling of the Naira among young Nigerians.

Speaking at the inauguration of the club, comprising secondary school students in the Federal Capital Territory, Cardoso said: “The Naira is much more than paper and polymer. It is the legal tender of the Federal Republic of Nigeria. It facilitates trade, supports economic activity, enables savings and investment, and serves as a visible expression of our national identity and sovereignty.”

He added: “Every banknote tells a story about our nation. It carries the portraits of distinguished Nigerians, national symbols and security features carefully designed to preserve public confidence in our monetary system.”

According to him, “Every Nigerian has a responsibility to treat the Naira with respect.”

Cardoso

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