The Central Bank of Nigeria (CBN) has issued another directives to commercial banks in the country to begin the payment of the new naira notes to customers over the counter.
The new directive was contained in a statement on Thursday by the Bank’s Director, Corporate Communications Osita Nwanisobi.
According to him,it is part of moves to ameliorate the plight of Nigerians who are finding it hard to get the new notes.
“We have equally noticed the queues at automated teller machines (ATMs) across the country and an upward trend in the cases of people stocking and aggregating the newly introduced banknotes they serially obtain from ATMs for reasons best known to them,”CBN said.
“While reiterating our commitment to Nigerians to ensure the effective distribution of the newly introduced naira banknotes, we urge them to exercise patience as the CBN is working assiduously to address the challenge of queues at ATMs. In line with this resolve, the Govenor, Mr. Godwin Emefiele, has directed deposit money banks (DMBs) to commence the payment of the redesigned naira notes over the counter, subject to a maximum daily payout limit of N20,000.
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“We also admonish members of the public to embrace and adopt other payment channels for their transactions.”