The Central Bank of Nigeria, CBN, on Thursday, commences the disbursement of the old notes (N1,000, N500, and N200) in its custody to Commercial banks in Anambra State.
A bank customer at the Union bank Amawbia-Awka, Mr. Charles Onwuka, disclosed this to our Correspondent who visit the bank to ascertain the directive.
According to Onwuka, the CBN van transported the money to the bank at about 3:24 pm and immediately the bank cashiers began dispensing to the queuing customers.
“We are pleased with the progress. The NLC warning strike has helped us. The people of Nigeria desire leadership like this. Therefore without the threat of NLC, the CBN would have continued keeping people’s money in their hands.
He said that the development would end the two-month-long Naira scarcity in the country.
Onwuka, appealed to the CBN and the commercial banks not to stop, stressing that the development will now enable regular Nigerians to withdraw more money for their day-to-day activities.
News agency learned that commercial banks at Onitsha and Nnewi got the CBN payout as well.
It was learned that the recent instruction came on the heels of the Nigeria Labour Congress, NLC, planned statewide strike and rallies in CBN offices after the hardship generated by the bank’s naira redesign policy.
