More Hardship for Nigerians as Many slept at ATM as New Naira scarcity worsens

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Residents of Lokoja, the Kogi State capital, are currently in a fix over the scarcity of both the old and the new Naira notes.

The trauma got messier Tuesday night as customers turned commercial banks to night vigil centres in order to withdraw cash from the Automated Teller Machine, ATM.

as at 11:45 PM on Tuesday, many customers were still stranded in various banks in Lokoja, the Kogi State capital as they could not get cash to carry out transactions.

A financial expert, Ikechukwu Mpama, who spoke to reporters, said the current currency scarcity was inflicting more pains on Nigerians alongside the fuel scarcity.

He admonished the Central Bank of Nigeria to sanction any commercial bank sabotaging the effort of the government towards ensuring smooth circulation of the new currency.

A branch officer of one of the new generation banks, who wants to remain anonymous, told reporters in Lokoja that they were helpless.