New Naira Notes Sabotage: Bank Caught On Camera Stockpiling

• A new video shows a bank actively trying to sabotage CBN’s efforts by stockpiling new Naira notes in the vault.

• This goes against the Central Bank’s directives to place the Nigerian currency in circulation for its citizens.

• The video starts a debate on what the intentions truly are as the Central Bank and the commercial banks stand against each other.

EKO HOT BLOG reports that a video has been circulating online that shows a bank hiding new Naira notes in their vault, leaving their customers unable to access their money. The video shows bank workers bringing out the new notes from where they were stacked behind the old notes.

The video has caused concern among Nigerians who are already struggling with a shortage of cash. The video has also raised questions about the bank’s intentions, as the new notes were kept hidden and not made available to customers.

An official can be heard in the video demanding that the new Naira notes be loaded into the bank’s Automated Teller Machines so that customers can have access to their money. The official can be heard saying that she has seen the new notes and wants to ensure that they are made available to the public.

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The situation has sparked a heated debate on social media, with many Nigerians expressing their frustration with the ongoing shortage of cash and the lack of transparency from banks. Some have called for a full investigation into the matter, while others are calling for better management of the country’s currency supply.

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The video has added to the already growing frustration among Nigerians over the difficulty in accessing cash, and it remains to be seen what actions, if any, will be taken in response to the situation.

Video here

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