VIDEO: MAD RUSH TO BEAT OLD CURRENCY DEADLINE DOVETAILS INTO NAIRA SCARCITY

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In desperate bid to change old naira notes to the ones newly redesigned by the Central Bank of Nigeria (CBN), Nigerians queued up in the excruciating sun just to access the ATM Machine at the banks all over Nigeria.

In order to avoid huge financial loses as the CBN deadline draws closer, the desperation of the people turned to survival of the fittest.

Now that President Muhammadu Buhari has finally granted approval to the CBN Governor’s request for extension of the deadline by 10 days, one would have expected that the kind of scene displayed in this video will be abated.

Our correspondents who went round on physical assessment of the situation of things reported that the POS Operators now capitalize on the people’s desperation to charge higher commission on cash withdrawal. Some of the operators now charge N100 on one thousand naira.

The general public therefore appeal to the CBN Governor to ensure that adequate measures are put in place to facilitate the currency swapping exercise.

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