Investigate bank managers over scarcity of new naira notes – Jigawa residents to EFCC


Jigawa State residents have asked the Economic and Financial Crimes Commission, EFCC to monitor the activities of commercial bank managers over the persistent scarcity of new naira notes in the state.

Some of the commercial bank customers who spoke made the call while commenting on the scarcity of new Naira notes in the state.

They accused the bank managers of allegedly holding the new naira notes disbursed by the Central Bank of Nigeria and diverting it to politicians and other individuals.

Saga Gist reported that scarcity of the new naira notes have continued to cause hardship for Nigerians, forcing traders and POS operators to shut down their businesses.

Malam Ibrahim, a bank customer in Dutse, alleged that the amount of the new naira notes in circulation is less than the amount released by the CBN to banks

He alleged that the commercial banks were not giving out the money over the counter and all the ATMs are also not dispensing the new notes.

According to him” No money in the banks, no money in the ATMs, where are the monies given to the commercial banks by the central banks of Nigeria, so these bank managers must explain where they are taking the money to.”

Sadiya, another customer in Dutse, said for two days she has not been able to withdraw any money either in her bank or ATM because there was no money anywhere.

Meanwhile, some of the politicians have also blamed the CBN Governor for the scarcity of new naira notes over alleged political reasons.

They alleged that the CBN Governor was hoarding the new naira notes to scuttle the general elections.

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