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Thunder Blowers > Blog > Daily News > GOV. BELLO MATAWALLE THREATENS COMMERCIAL BANKS OVER NEW NAIRA NOTES SCARCITY
Daily News

GOV. BELLO MATAWALLE THREATENS COMMERCIAL BANKS OVER NEW NAIRA NOTES SCARCITY

Anon FX
Last updated: 2023/02/14 at 10:31 PM
Anon FX
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Governor Bello Matawalle of Zamfara State today visited the Gusau branch of the Central Bank of Nigeria CBN as well as five other Commercial Banks in Gusau, the state capital.

The Banks visited by the Governor included United Bank for Africa, UBA, Jaiz Bank, Eco Bank and First Bank.

Governor Bello Mohammed Matawalle during the visit warned the commercial Banks against hoarding of the new Naira notes.

The Governor also directed Bank officials to dispense the new Naira notes via the Automated Teller Machines (ATMs) and at the Banking Halls.

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He said his visit to the Commercial Banks was to assess the problems being faced by the citizens in trying to access new Naira notes via long queues at ATMs amidst complaint of acute Naira note scarcity.

Governor Matawalle therefore warned that his administration will not hesitate to revoke the land of any commercial Bank that is not willing to ensure that their ATM Machines are dispensing new Naira notes in order to ease the sufferings of the people.

Earlier, the Governor visited the Gusau branch of the Central Bank of Nigeria CBN where he invited the Comptroller of CBN, Gusau branch to accompany him to some branches of Commercial Banks in the state capital in order to assess the problems being encountered by customers while trying to get the new Naira notes.

The Matawallen Maradun expressed concern over the long queues of people at the ATMs in some branches of the Banks and called on the managers to find means of easing the hardship being faced by the customers.

The Governor urged the Central Bank of Nigeria CBN to ensure the availability of new Naira notes at the commercial Banks for people to access their money in order to conduct their daily activities with relative ease.

According to the Governor’s Press Secretary Jamilu Iliyasu Birnin Magaji, during the visit, Governor Matawalle also inspected safety measures put in place at the Banking Halls and the ATM cash dispensing points.

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Anon FX February 14, 2023 February 14, 2023
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