Rowdy scenes in banks, ATM points over new naira notes in Ilorin

Date: 2023-01-29

Residents of Ilorin, Kwara State are still in dilemma over the difficulty in exchanging their old naira notes for the redesigned currencies.

DAILY POST reports that as the deadline for the exchange ends on Sunday on the directive of the Central Bank of Nigeria, CBN, residents are in a panic over how to meet the deadline.

Recall that commercial banks were directed to operate on Saturday and Sunday to enable people exchange their old naira notes in a bid to beat the deadline by the Central Bank of Nigeria.

However, the majority of the people who thronged the banks at the weekend still had issues to contend with as their dreams of receiving new naira notes were dashed.

Banking halls were filled with customers not given the expected new notes after a long wait in the queue.

Also, ATM points of most banks in the city were rowdy as customers refused to maintain orderliness while the machines failed to release new naira notes as expected.

To add to the frustration of the residents, the majority of traders rejected the old notes for transactions, insisting on the new notes from their customers with few hours to the deadline.

A trader complained about the poor service and uncooperative attitude of the banks in defiance of the Central Bank’s directives on the release of the new naira notes to Nigerians.

He said “while the new naira notes find their way to social parties and some few powerful individuals, the majority of the people are yet to feel the impact of CBN’s directive in terms of proper circulation of the new currencies.

Bank officials contacted in Ilorin were not forthcoming in reacting to the development.

Recall that both the Senate and the House of Representatives last week, called for an extension of the exercise to enable effective circulation of the new currencies among Nigerians.

The Federal Government had explained that the redesigned new notes were aimed at tackling the hoarding of cash by some individuals who could allegedly use them to hire political thugs for the 2023 general elections in the country.

Source

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Bayer AG     Salihu Alhaji Musa     Ola Falade     Ashiru     Alikinla     Suraj Tunji Oyewale     MalHub     Ita-Ore     Salihu Yahaya     Lanre Olosunde     Academic Staff Union Of Universities     Chief Imam Of Offa     Yemi Sanni     Kwara Apc     Ballah     Share-Tsaragi     UITH     Jimoh Akani     Yahaya Seriki     Abdulwahab Ololele     Akeem Olatunji     Afonja Descendants Union     Christopher Odetunde     TIIDELab     KWAFFA     Fatima Abolore Jimoh     Valsolar-Kwara Company Limited     Samuel Olusegun Adedayo     Fareedah Dankaka     Mahfouz Adedimeji     Medinat Folorunsho Salman     Dankaka     Muhammad Mustapha Suleiman     Olawuyi     Issa Oloruntogun     Saba Mamman Daniel     Islamic Development Bank     Olomu Of Omu-Aran     Yusuf Abdulkadir     Kolade Solagberu     Awodun     Balogun Fulani     Elelu     Simeon Ajibola     Kwara State Council Of Chiefs     Ilesha-Gwanara     Shaykh Luqman Jimoh     Moro     Kolo     Lithium     Mubarak Oladosu     Ilesha Gwanara Road     Buari Edun     Baboko Primary School     Kanu Agabi     Twitter     Dorcas Afeniforo     Hassan Abdulazeez Elewu     Akanbi-Oke     Yahaya Oloriegbe     Muritala Olarewaju     Just Law Forum     Micheal Imodu-Ganmo Road     Belgore     Ayo Adeyemi     National Pilot     Shehu Jimoh     Oyelere Oyinloye     Omoniyi M. Ayinla     Saudat Abdulbaqi     Kwara Metro Park     Abdulrahman Onikijipa     Baba Issa Awoye     Split Diamond Interchange     Ayegbeni     Kayode Alabi     Ogidi-Oloje    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Olatunji Bamgbola     Ilorin Emirate     Air Peace     Sarah Jubril     Abdulrahman Abdulrasaq     Abraham Ojo     Adedipe     IYA YUSUF     Roseline Oni Aremu     Savannah Centre For Diplomacy, Democracy And Development     Sobi     Moji Makanjuola     REO CAKES     Oke-Oyi     Bello Bature     Ridhwanullah Al-Ilory     Idris Amosa Oladipo Saidu     Offa Poly     Mustapha AbdulGaniyu     Summit University     Frootify     Kola Ologbondiyan     Umar Bayo Abdulwahab     Pakata Development Association     Oluranti Idowu     Oba Abu     Isapa     Alaiye     Oba David Oyerinola Adedunmoye     Women Radio     Fulani     Aliyu Kora-Sabi     Edu     Post Utme     Firdaos Amasa     Ilesha Gwanara Road     Oyawoye     LABTOP     Ashiru     Apata Ajele Secondary School     Baakini     Ibrahim Akaje     Jide Oyinloye     Abiodun Abdulkareem     Tafida     Women For Change And Development Initiative     Jumoke Gafar     Volunteers Of Ilorin Community And The Emirate     Lanre Issa-Onilu     CLAY POT     Noah Yusuf     Lanre Aremu     Ishak Mohammed Sabi     Simeon Sule Ajibola     Mohammed Haruna     Elerinjare     Mohammed Abdulahi     Mohammed Yahaya Barki     Hameed Oladipupo Ali     Oke-Kura     Maryam A. Garuba     Www.Kwarareports.com     Haruna Olawale Sulaiman     Mahmud Durosinlohun Atiku     Shonga     Ayodele Kuburat Olaosebikan     Simeon Ajibola     Abdulkarim Adisa     Oyeyemi Olasumbo Florence     Kwara NIPR     Tafidan Kaiama     Sheriff Olanrewaju     Aremu Bose Deborah     Mufti Of Ilorin     Coronavirus     Tinubu     Christopher Ayeni