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Writer 5 Other Likely Challenges E-Naira Will Face in Nigeria After The App's Disappearance From Google Play store

Kingmarvex

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The E naira is the first digital currency to be launched in Nigeria. Just days after the app was made available on the google play store, it has been reported to have been taken down. According to the Cable NG, the reason for the removal from the play store app was because it was said to violate policies.
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Many Nigerians gave negative reviews about the app after encountering problems during registration. These problems were what caused the poor ratings and eventual removal because the app couldn't meet the minimum functionality policy

Although the E naira is a good innovation, seeing as it aims to facilitate digital transactions. However, there are some challenges that are bound to come up when trying to implement this digital currency. In this article, we would examine the likely problems likely to be encountered while implementing the app in Nigeria. These challenges include:
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1. Cyber Threats:

It is no news that the Nigerian cyber space is very vulnerable, and because of that it is easily susceptible to cyber attacks. According to Punch NG, Nigeria ranked 47th out of 182 countries on the Global Cyber Security Index for 2020 and occupied the fourth position in Africa.
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For the E-naira to be properly implemented, attention has to be drawn to issues of cyberspace. Otherwise, the digital currency stands at a risk of facing and falling victim of cyber attacks
2. Data privacy and protection concerns:
Section 37 of the Nigerian Constitution
provides for the privacy of individuals their communications, homes, etc. However, there haven't been many other laws that have been enacted to protect the personal data of Nigerian citizens.
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A lot of citizens are also ignorant of rights and laws concerning data protection and privacy, and the non enforcement of this worsens the issue. If steps are not taken to correct this, it will have an adverse effect on the implementation of the E-naira
3. Illiteracy:
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Although Nigeria has many literate citizens, there are also quite a number of people that are illiterate. Even among the number of literate people we have, not so many of them are tech savvy. This is bound to create problems in the use and enforcement of the digital currency.
4. Power supply:
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Many places in Nigeria have issues with electricity. For this reason, a large number of people have to opt for generators and solar electricity. This can pose a huge problem in the proper implementation of the E naira currency as it requires a need for constant power supply.
5. Internet Connectivity issues:
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Although Nigeria is one of the most populated countries worldwide, many areas in Nigeria have terrible internet connectivity issues. While we have quite a number of network providers, there is no guarantee that an outage will not occur. This is a major problem that can hinder the implementation of the E-naira.
 

Kingstone

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I was shocked when I heard that the digital currency has been removed from play store. The next question I asked was what happened. Nigeria is just a mess and all we think about does not work for us despite efforts from the government
 

Justin

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After reading the post, I am sill confused, is e-nira a digital currency or an app for digital transaction? These both are different concepts. If it is a digitl currency, is it Central bank digital currency?
 

Abimbola01

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Though I was really amazed when I heard that the apps had disappeared from play store.
But in other way round those that knows how it come there can not be left to be question.
 

Golden lady

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Such issues would come up. One of the areas that most people will encounter challenges is with connectivity. This is necessary for smooth running of the app and Nigeria doesn't have that yet.
 

Kindnesses

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The eNaira development has just come to play. Just a few days of launching, it was removed. If the eNaira wants to be successful and adopted, Nigeria must ensure that it is safe for us all and the must provide a stable Network
 
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