Some bank customers have decried scarcity of the redesigned N1,000, N500 and N200 notes in Deposit Money Banks (DMBs) and Other Financial Institutions (OFIs).
This is coming barely nine days to the Jan. 31 deadline to stop the use of the old notes of the redesigned denominations as legal tender.
“But what we still get from the ATMs, and even from the bank counters are the old notes. This is not right,” he said. “CBN is telling us that there are enough of the redesigned notes in vaults of the DMBs, but the banks are saying that they do not have enough supply of the notes. Something is not adding up,” he said.
It said that the mandate was to ensure that distribution of the new currency notes was fair, transparent, and evenly spread across the country.
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