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We have made adequate supply of new notes to Bonny Island – CBN

The Central Bank of Nigeria (CBN) has disclosed that it has deployed more new notes to Bonny Island.

This is following agitations by residents over scarcity of the new naira note.

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Recently, residents of Bonny Island complained over the possibility of being left out of the naira swap exercise following the scarcity of the new notes in banks across the Island.Information Guide Nigeria

The CBN responded by deploying its personnel to the area to monitor the situation.

The CBN insisted that it has now made the notes available across automated teller machines (ATMs) and approved for operators of Point of Sale (POS) machines on the Island to be supplied the new notes.

This was disclosed by the Branch Controller of the Central Bank in Port Harcourt, Rivers State, Maxwell Okafor after a visit to Bonny Island to monitor the ongoing old naira notes swap exercise and to sensitise the community.NYSC portal

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In a statement, Okafor said following the extension of the deadline for the return of old Naira notes, the CBN has ensured that adequate amounts of the redesigned Naira notes are supplied to all banks operating across the country, especially in Bonny Island.JAMB portal

“We are here to sensitize the people of Bonny Island about the redesigned naira that is being introduced by the Central Bank of Nigeria and to let them know that the old naira will soon cease to be legal tenders.

”Also, we are here to tell them that banks are bound to collect the old monies until the deadline. If there is any bank that refuses to collect it, you call us to report it.

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“We have addressed the people’s questions. After monitoring the situation in the banks, we are very well satisfied that the banks got an adequate supply of the new currency.

“The instruction is that they should not pay over the counter but put the new notes in the ATM for now. All the banks are well-supplied. All the ATMs we visited are up and running and they are paying new notes. We have told them that no ATM should dispense old notes. We are already aware of the large calls for new notes. So, we are satisfied with what we saw on ground.

He advised the people to hurry and return their old naira notes to the banks, adding that the commercial banks would be open to receive the old notes through the weekend.

Okafor was in Bonny in the company of the Head of Development Banking, CBN, Port Harcourt, Stanley Oruyeigha and other officials of the bank.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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