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Naira Scarcity: Banks In Ilorin Still Shuts Despite President Buhari Directive

By Toyin Saheed

Despite President Muhammadu Buhari’s directive to make the old 200 Naira-Notes a legal tender till the 10th of April, commercial banks in Ilorin the Kwara State capital shut their branches to customers today.

Our Correspondent who went round the ilorin metropolis confirmed that no commercial banks open for operation in the state capital as the naira scarcity continue to persists in the state of harmony.

Long queues still existed at the Automated Teller Machines of many commercial banks in Taiwo, Unity and Challenge area of the state capital.

  1. Speaking in an interview with Correspondent at one the commercial banks in Taiwo Road, Mr Abdullateef appealed to all the banks to begin operation as soon as possible to ease their problems.

It would be recalled that President Muhammadu Buhari today ordered the Central Bank of Nigeria (CBN) to allow the old 200 naira notes and redesigned 200, 500 and 1000 naira notes to coexist.

Dare Akogun

Dare Akogun is a media innovator, strategic communication professional, and climate and energy transition journalist with over 11 years of impactful contributions to the media industry.

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