The Central Bank of Nigeria says it has mapped out modalities to ensure the cashless policy succeeds in other parts of the state as it did in the pilot states.
The Head, Shared Services at the Central Bank, Mr Chidi Umeano, who was a guest on Business Morning, said that the apex bank is doing all it can to deploy the needed infrastructure to support the policy.
According to him, the one year waiver of charges on withdrawals is one measure to give time for the infrastructure to be put in place.
He says the Central Bank has carried its sensitisation campaign to the rural communities and is still doing more to sensitise Nigerians.
The CEO, Cowry Assets Management Ltd, Mr Johnson Chukwu, who was also a guest on the programme, said the cashless policy has benefited the economy in so many ways but that the Central Bank should do more towards putting all that is needed in place to ensure its efficiency and success.
The Central Bank of Nigeria plans to roll-out the cashless policy in the remaining 30 states on July 1.
