Does the CBN have adequate plans to enlighten/educate Nigerians, especially the villages/rural areas about the change?
• Yes. This is why we have announced the policy one year in advance. Specifically: o We have designed a mass education/enlightenment programme. The programme will be translated into several of Nigerian languages. o We plan to collaborate with mass organizations including labour unions, religious organizations, NGOs and Civil Society organizations, schools, professional organizations and trade unions, market associations, transport unions, organized mass mobilization agencies such as the National Orientation Agency, state and local governments, military/paramilitary organizations, council of traditional rulers, the mass media, etc to reach and educate every Nigerian on the change. o We shall embark on two phases of enlightenment programme: first (September – December 2007— a general nation-wide enlightenment on what the policy is all about; second (February- July 2008)—nation-wide education on the operations of the programme, especially on pricing/conversion from old to the new Naira.
