The Central Bank of Nigeria has urged Nigerians to report banks still giving out the old naira notes for appropriate action.
Rekiyat Yusuf, Deputy Director, Currency Operation, said this during the sensitisation of market men and women about the new naira notes in Kogi State yesterday.
According to her, the CBN has made enough redesigned notes available and there is no reason for banks to still be giving out the old notes.
Part of her statement reads,
There is no reason for banks to still be stocking their Automated Teller Machines with old notes as the Apex bank has made enough redesigned notes available for dispensing to members of the public. Any bank caught would be made to face appropriate sanction.
“If banks give you old notes, reject them and return them to the banks and report the banks to us immediately for appropriate action. We have given them enough new currency notes to dispense to replace the old ones in circulation.
“Carry your old naira notes in your possession to the bank, deposit it without any charges attached. CBN has directed commercial banks not to charge anything on such deposit. By 31st January, this present naira notes will not be accepted for buying and selling in this country.”
