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Naira Crisis: Bank customers threaten demonstration at CBN

Bank customers in Zamfara State have threatened to protest at the lamented Central Bank of Nigeria, and Zamfara State Government house.Information Guide Nigeria

They lamented that they have reached the limit of their endurance, considering the failure of both the Central Bank of Nigeria, CBN, and commercial banks to dispense cash to their customers in the state.


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DAILY POST reports that customers said they have been in the banks without accessing their money due to sharp practices.

Bank customers said they might organize demonstrations at the CBN in Gusau and the State Government House if the ugly situation persists.

A customer idebtified as Hamisu said, “Everyday, I am at the bank to collect the money I deposited with the bank but all to no avail”, he lamented.

“Both the banks and Point of Sale, POS, nowhere one can collect his money. We are not asking for loans from the banks but our legitimate right.NYSC portal

“The Federal Government and CBN forced us to deposit the old Naira notes on or before January 31st which we did but now, we can not access both the old and new Naira notes. This is inhumanity against human.”

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A bank official who did not want to disclose his name for security reasons revealed that bank officials are working at risk as the angry customers have been threatening to attack them for failure to give them their money, saying that most of the problems were caused by the apex bank.

According to DAILY POST, some banks with money in their ATMs do not allow customers to withdraw more than N5,000.

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Businesses in the State have collapsed as the operators could not afford to continue with their businesses due to low patronage and scarcity of old and new Naira notes, DAILY POST reports.JAMB Result

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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