Despite orders from the Central Bank of Nigeria (CBN) for commercial banks to load their Automated Teller Machines (ATMs) with new naira notes, dirty, old and mouldy currency notes keep coming out of the machines.
The development according some depositors has become frustrating as they allege that old notes hitherto returned to the banks are still being dispensed by cashiers in the banking halls and ATMs.
ATMs of UBA, Access, GTCO and other banks in Kubwa area of Abuja dispensed old notes on Tuesday.
It was the same scenario at Wuse, Mpape and other areas.
Some Point of Sale operators confirmed to Daily Sun that new naira notes are still like scarce commodities in Nigeria, wondering how the new notes will across Nigeria before the January 31 deadline when the old notes will be withdrawn totally.
Another PoS agent, Bola Amao, said the country was in a complete mess.
Meanwhile, barely 12 days to the deadline set by the Central Bank of Nigeria (CBN) old naira notes in the country, some Automated Teller Machines (ATMs) in Lagos are yet to dispense the new notes.
This is coming after the apex bank had issued a directive to the banks to dispense new notes via ATMs adding that this was to complement over-the-counter transactions and increase the circulation of the redesigned notes.
Furthermore, the apex bank warned banks to stop hoarding the new naira notes, saying it will sanction erring banks and financial institutions caught doing so.
President Muhammadu Buhari had launched the redesigned notes of N200, N500 and N1000 on November 23, 2022.