Reduction of electronic fees ‘ll boost economy, says minister


Minister of Communications and Digital Economy, Dr Isa Pantami, has hailed the reduction of the cost of electronic cash transactions as well as Automated Teller Machine card maintenance fees by the Central Bank of Nigeria.

The minister said the development would contribute to the actualisation of a digital economy.

“Lower service charges will encourage higher patronage of electronic services, especially in the banking and financial services sector,” he said in a statement issued by his spokesperson, Uwa Suleiman, on Wednesday.

Pantami urged all decision making institutions in the country to enact policies that would give support and key into the digital economy policy.

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