naked protests

Central Bank of Nigeria sorts out its money issues after naked protests. Photo: Mail Online/ Twitter.

No more naked protests at Nigeria’s banks over money

The Central Bank of Nigeria sorts out over-the-counter-cash at banks after customers went on naked protests demanding their money

naked protests

Central Bank of Nigeria sorts out its money issues after naked protests. Photo: Mail Online/ Twitter.

The naked protests by bank customers are likely to be something of the past after the Central Bank of Nigeria sped up the process to avail new bank notes.

CENTRAL BANK OF NIGERIA FIX THE CASH PROBLEM AT BANKS

“Over-the-counter cash withdrawals are now available. We are working hard to ensure that commercial banks serve Nigerians efficiently.”

Central Bank of Nigeria

The Central Bank of Nigeria faced a storm when customers demanded cash from the banks in a very unpolite fashion.

The fed-up clients stripped naked as a form of protest to get their demands met.

NAKED PROTESTS ROCK BANKS IN ABUJA


Nigerian bank customers were filmed naked inside a bank after being met with unsuccessful transactions.
The Mail Online reported  that the desperate Nigerians stripped in protest as banks were running out of cash after the Government moved to replace high-denomination notes.

Videos shared on Twitter show how a naked customer demanded to close his bank account – reportedly valued at 520,000 naira – after employees refused to give him more than 20,000N at the counter.
The publication added that some firms were forced to close and lock their doors after angry crowds brawled inside. Others even erected tents to protect cash-seeking customers from the sun as they waited in long queues.

The Mail Online further reported that Nigeria’s Central Bank announced last October that it would be taking the N200, N500 and N1,000 notes out of circulation on January firm.

Government intended to replace the banknotes with new designs that it claimed would be ‘more secure.’ However, the replacements were not immediately available and the switch deadline was extended.

ALSO READ: Watch: Nigerian bank customers strip naked in protest

GOVERNOR COMMITS NAIRA NOTES WILL REACH THE HANDS OF THE PEOPLE

However, this matter seems to have been resolved. The Central Bank fast-tracked the process by carrying out Banks’ Branch Spot-Checks on ATMs across the country.

“We are committed to ensuring that the new Naira notes reach the hands of Nigerians as soon as possible. We will take all the necessary steps to ensure that there will be a smooth flow of cash swaps and minimize the inconvenience in the short term,” the Central Bank of Nigeria Governor Godwin Emefiele promised.