Local electronic card industry to save Nigeria $100m import bill –

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As Electronic Payplus opens new facility

By Emeka Anaeto and Elizabeth Amihor

Nigeria may be saving about $100million annually with local manufacture of electronics card as bank cards alone gulp about $36 million.

This was disclosed by Bayo Adeokun, the Managing Director of Electronic Payplus Limited, one of the few electronic cards manufacturing firms in sub-Sahara Africa.

Speaking to some media operatives last week at the backdrop of commencement of operations at its multimillion dollar new manufacturing installations,   Adeokun stated: “Bank cards alone is about $36…