In line with the local content policy and the Federal Government mandate assigned to NeGSt to develop the eRevenue product offering for Nigeria, the company has worked assiduously to put innovative measures in place applying best-in-class electronic means aimed at not only insulating the precious Nigerian Naira from the vagaries of other foreign currencies but also to bank the unbanked population of Nigeria, thus ensuring financial inclusion and the stability of the Naira as well as serving as an alternative electronic payment platform in support of the country's quest for Ease-of-Doing business with her neighbors. The idea is to deploy the electronic Naira to support the present paper Naira, in the local and international marketplace, with guaranteed intrinsic value, not by fiat or unhealthy appetite for imported goods and services, but through a well-orchestrated and highly intensive agro-allied productivity agenda across the entire country, powered by the citizen’s determination to achieve success by self-help and sustained crowdfunding measures.
The diagram below is the overall design architecture of the Nigerian eGovernment Programme implementation plan.
Implementation Plan based on 31st October 2006 document
Original Members of the eNaira backroom implementation team as contained in the 27th May 2005 documentation.