Home News Scarcity Of New Naira Notes: CIBN Urges Nigerians To Be Calm

Scarcity Of New Naira Notes: CIBN Urges Nigerians To Be Calm

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Amidst reported cases of violent attacks on banking facilities, the Chartered Institute of Bankers of Nigeria (CIBN) has called on the general public to eschew violence as banks and the Central Bank of Nigeria are working to address the naira circulation issue.

In a statement signed by its registrar and chief executive, Akin Morakinyo, the CIBN empathised with the banking public on the difficulties being encountered in accessing the new naira notes which heightened tension and, in some cases, provoked acts of violence at different customer touch points.

According to CIBN, while the plight of customers is understandable, there is need for calm and understanding as the CBN and the banks are working assiduously to bring the situation under control.

“Relevant stakeholders within the ecosystem are being engaged with a view to addressing the unintended consequences of the laudable naira redesign policy.

“To this end, we beseech the general public to eschew any act capable of exacerbating the current situation and exercise restraint while we enjoin all our members to carry on their duties with utmost professionalism and diligence.

“The Chartered Institute of Bankers of Nigeria, the umbrella professional body for banks and bankers is confident that this phase will pass with the cooperation of all and sundry, and our country Nigeria will come out of this stronger,” CIBN stated.

Credit: thenationonlineng.net

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