New Naira: Calabar Residents Keep Vigil

Residents of Calabar in Cross River State have resorted to keeping vigil at Automated Teller Machine centers in search of the new naira notes.

The News Agency of Nigeria, who monitored the situation around the metropolis, reports that the ATM points across the city have been taken over by long queues of people scrambling to get the new notes.

NAN reports that the long queues at the ATM points in Calabar started on Wednesday and have persisted as at the time of filing this report.

The residents, however, blamed the long queues on deliberate act by the banks not to load all their machines with the new notes.

Others, however, attributed the queues to the refusal of most businesses in Calabar to accept the old notes even when the deadline was still ahead.

A resident, Pascal Bajie, who frowned at the attitude of some business owners on their refusal to accept the old notes, called on the banks to be compassionate in their dealings with the public.

Bajie said that he refused to understand why most of the banks with about four points of the ATMs would deliberately load only one or two of the four.

“This is part of what is causing the long queues that you have been seen for the past three days or thereabout. The banks should make effort to load all their machines,” he appealed.

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