By Deborah Chistopher
The Central Bank of Nigeria, CBN, says it allocated 30 million new naira notes daily to each branch of banks in the country to increase access to customers to the new notes.
An official of the apex bank, Mr Abdulkadir Jibrin, said this while monitoring banks in Bauchi, on Monday, to ensure access to new naira notes for resident of the state.
He added that “Only 10,000 and below could be exchanged per person and if the amount is more than that , one should open a bank wallet.”
He said the aim of the exercise was to ensure the availability of the new naira notes in the banks and also for easy exchange of old notes for the newly redesigned notes for the residents.
“Our committee would continue to reach out to localities to ask them to bring out their old notes and exchange them with the new ones.” he said.
Jibrin said the monitoring exercise entailed checking the ATMs machine to ensure that the new naira notes were loaded for customers to withdrew.
According to him, the ATMs, will give people the opportunity to have access to money, adding that the officials of the apex bank track the volume of disbursement through the ATMs.
He urged the public to report to the CBN if any bank refused to open for operation or failed to disburse the new notes through their ATMs.