Residents of Owerri, the capital of Imo State, on Thursday, expressed their anguish at having to wait hours in line to use Automated Teller Machines
Most banks’ ATMs were crowded with hundreds of residents trying in vain to withdraw cash to cover their urgent necessities.
While some POS customers were charging 10 percent on every withdrawal, leading to approximately N1,000 charge for N10,000, others charged N200 for N4000 transactions in new notes and some demanded N150 for N2000. Doreen Ekeh, a civil servant and staff of Imo State Ministry of Information, expressed disappointment that the situation at the filling stations was the same and that motorists are still paying between N350 and N450 per litre.
Chronicling her woes, petty trader Uche Elendu said she spent an hour on a queue before she could withdraw N5,000.
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