Zamfara Collaborates With CBN To Ensure Circulation On Naira Notes

The Zamfara Government has collabotated with the Central Bank of Nigeria (CBN), Gusau on the possible ways to make the new naira notes available in commercial banks across the state.

This is contained in a statement on Tuesday, in Gusau, by Babangida Zurmi, Director-General Press Affairs to the State Deputy Governor, Sen. Hassan Nasiha.

Zurmi said Nasiha had a meeting with the CBN Branch Comptroller, Alhaji Buhari Abbas, during a visit to the apex bank.

Nasiha said the aim of the meeting is to provide relief to the citizens of the state from the hardship caused by scarcity of the new naira notes.

He said that the interface was to come up with possible strategies to support commercial banks operating in the state.

This was with a view to relieving the residents from the tension caused by the difficulty in accessing their monies from the banks.

The deputy governor decried the hardship being experienced by the residents, as a result of several hours on long queues in frantic effort to access ATMs.

”A situation where one could take all day before making withdrawals for his or her daily domestic needs is uncalled for.”

He called on CBN authorities to as a matter of urgency provide the new naira notes to commercial banks to ease the bedeviling challenge of money circulation.

In his remarks, Abbas thanked the deputy governor and described the visit as a first of its kind to the bank by any state official since the introduction of the new legal tender.

He said that the bank was doing all it could to address the problems and promised that, sooner, cash would be available at the counters and ATMs of the commercial banks.