Adebayo Adenrele
…faults CBN for not making enough circulation
Governor Babagana Zulum of Borno State has threatened to revoke land allocation of any commercial bank that deliberately refuses to make the new naira notes available to its customers in the state.
Zulum stated this when he visited some commercial banks and ATM booths in Maiduguri after he received complaints that most of the ATM machines are dispensing cash.
The Governor observed that, most of the people queuing up at ATM booths are vulnerable people who spend more than 12 hours to withdraw N5000 to N10000 in order to get food items for their families.
Zulum also faulted the Central Bank of Nigeria, CBN for not making the new naira notes available, adding that their actions have inflicted more hardships on the people of the country.
In his words, “I deliberately went round the banks to see for myself, this man is here since 6am but he cannot access to withdraw ten thousand naira, that means CBN can not make the cash available.
“Any bank that deliberately refuses to make the new naira notes available to its customers, should know that we will revoke its land.
“The extension of the dateline is not our problem but to make the new naira notes available to our people, right here in Borno State I visited morethan 10 banks but there is no money.
“Look at this people, some of them are here waiting for cash since yesterday, commercial activities has completely paralysed and we can not continue like this”.
“What CBN is doing is bad and it has negative impact on our masses.
“We are pleading with the Federal Government to look at this situation in order to bring a lasting solution to our people.” The Governor said