New Naira notes: Customers in Sango-Ota task banks on sufficient loading of ATMs

Thu, Feb 2, 2023
By editor
3 MIN READ

General News

 SOME bank Customers have appealed to banks around Sango-Ota to load their Automated Teller Machines (ATMs) with sufficient funds in order to make withdrawals easy for them.

They expressed their views in separate interviews with the News Agency of Nigeria (NAN) on Thursday in Sango-Ota.

Mr Tunde Oyerinde, a bank customer, at Joju area, along Lagos-Abeokuta Expressway, expressed displeasure about the inability of most of the banks’ ATMs to dispense money.

Oyerinde, who is a civil servant, said that he had visited one of the commercial banks along Oju-Ore area, but unfortunately none of the banks along this vicinity were dispensing cash.

He frowned that the queues he met at one of the bank’s ATM at Joju area, was unbearable, because he needed to send money to his sick father to buy his drugs.

“I was left with no choice than to go to the Point of Sale operator (PoS) to collect the money because this is emergency,” he said.

Oyerinde said that the charges of PoS operators in Sango-Ota were too high, adding that they collected N2,500 for N25,000 and N5,000 for N50,000 respectively.

He called on the apex bank to intensify efforts towards printing new Naira notes into circulation to ameliorate the sufferings of the people.

Oyerinde said that there was an urgent need for the apex bank to set up task force that would monitor and ensure that banks load their ATM with adequate funds.

Another bank customer, Mrs Bola Olawale, said that she had to go back to her shop on Tuesday because she met a long queue at ATM at Oju-Ore area.

Olawale, also a trader at Sango-Ota Market, said that she needed cash to buy some finished goods into her shop, adding that the long queue at Joju area was also frustrating.

“How much are we making as profit that someone will patronage PoS operators with the higher charges they are collecting on each notes,” she said.

Olawale said that a woman beside her shop used N15,000 to collect N150,000 from a PoS operator on Wednesday.

She appealed to the Central Bank of Nigeria (CBN) to urgently do something about the development because this is slowing down businesses.

Olawale added that there was the need to impose stiffer punishment on any bank that their ATM was not dispensing money to customers.

A NAN correspondent who monitored the development at Oju-Ore and Sango-Ota areas, observed that most of the banks ATMs were not dispensing cash, while the few ones dispensing cash were having long queues. (NAN)

E.C

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