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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 dynamic media innovator, strategic communication professional, and seasoned climate and environmental sustainability journalist with over 10 years of influential contributions to the media industry.

He Currently serving as the Head of Digital Media, Senior News Editor, and a presenter at Sobi FM 101.9, a leading radio station in Ilorin, Nigeria.

Dare is on a mission to leverage his media innovation expertise and project management skills to produce high-quality, accurate, and engaging content, while advocating for reduced fossil fuel consumption, especially coal, to combat effect of global warming.

He has covered comprehensively environmental issues and COP conferences, including COP28 in Dubai last year , COP 27 in Egypt, and the United Nations Least Developed Countries conference in Doha, in 2023.

He is a recipient of fellowship to be part of a 15 team of journalists selected worldwide to cover the Berlin Energy Transition Dialogue 2024.

He has a Master's Degree in Mass Communication, from the University of Lagos, a Bachelor's Degree in Journalism from the Lagos State University and also a
Certification in Business Administration and Management, from the Babson College, Massachusetts, United States of America.

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