Global Advanced Research Journal of Management and Business Studies (GARJMBS) ISSN: 2315-5086 January 2012 Vol. 2(1), pp 037-043

Copyright © 2013 Global Advanced Research Journals   

 

Original Research Articles

The cashless Nigeria project, subsequent back pedaling in the course of implementation and recent updates 

Adewale Adegoke Alawiye-Adams 

Department of Banking and Finance, Financial Analyst; Management / Development Consultant / Investment Strategist

E-mail: adedams_intservices@yahoo.com, Tel: 08033900620 

Accepted 24 December 2012

 

Abstract

It is a good thing Nigeria is instituting a cashless policy, but the dictatorial force by which the regulatory body- Central Bank of Nigeria, is pushing the implementation of the policy down the throat of the citizenry without obtaining their consent and imposing punitive measures to compel compliance and obedience is what makes the Nigeria cashless project unique. But can the CBN regulators force itself on people and the way they apply or use their money? Do we have the enabling infrastructure, power, adequate security, Human capital, the minimum technical/equipment infrastructure required and other structural enablement to successfully drive the implementation of this policy effectively for success. These factors are already confronting and frustrating the successful implementation of the cashless Nigeria project. In a democratic environment like Nigeria, Do leaders have to implement policies through autocracy and oppressive dictatorial punitive measures that insults the rights and intelligence of the citizenry in the name of reforms? Definitely there may be no going forward in success until the highlighted obstacles are sufficiently addressed and the punitive measures removed, these are the issues addressed by this article. 

Keywords: Cashless, programme, financial system.

Related Articles


Original Research Articles
S. Todorova, E. Rancheva, N. Bencheva
Evaluation of Correlations between Natural and Organizational-Production Factors in Bulgarian Agriculture
Glo. Adv. Res. J. Manage. Bus. Stud. February 2018 Vol: 7(2): - [Abstract] [Full Text - PDF] (359 KB)
Yousaf Latif, Ali Abbas, Muhammad Nadeem Akram, Shahid Manzoor, Saeed Ahmad
Study of Performance Comparison Between Islamic and Conventional Banking in Pakistan
Glo. Adv. Res. J. Manage. Bus. Stud. December 2014 Vol: 3(12): - [Abstract] [Full Text - PDF] (105 KB)
Akintayo Dayo I
Locus of control and job satisfaction as predictors of Perceived nonteaching staffs productivity in higher institutions in Ogun state Nigeria
Glo. Adv. Res. J. Manage. Bus. Stud. July 2012 Vol: 1(6): - [Abstract] [Full Text - PDF] (220 KB)
Bello M, CPO Obinne, ES Salau, L Ezra and OA Galadima.
Selection Criteria for Contact Farmers and the Job Performance Ratings of the Extension Workers of Nasarawa Agricultural Development Programme in Nasarawa State, Nigeria
Glo. Adv. Res. J. Manage. Bus. Stud. June 2014 Vol: 3(6): - [Abstract] [Full Text - PDF] (131 KB)
Review
Christian Chukwuma Opata
Nigeria and the Search for Food Security since the Amalgamation.
Glo. Adv. Res. J. Manage. Bus. Stud. November 2014 Vol: 3(11): - [Abstract] [Full Text - PDF] (172 KB)
Original Research Article
SMJ Hossain, MFH Miraz, GK Deb, MF Afroz, SM Amanullah, MA Kabir and MM Rahman
Ex situ productive and reproductive performances of Munshiganj Cattle
Glo. Adv. Res. J. Manage. Bus. Stud. June 2018 Vol: 7(6): - [Abstract] [Full Text - PDF] (1,010 KB)

Current Issue

Viewing Options

View Full Article - PDF
Download Full Article - PDF

Search for Articles

Adewale Adegoke Alawiye Adams on Google Scholar
Adewale Adegoke Alawiye Adams on Pubmed

Statistics

Viewed 1934
Printed 1753
Downloaded 2096
Powered By iPortal Works