Kebbi traders may shut markets

Traders in Birnin Kebbi, Kebbi State have resolved to close the markets because the scarcity of redesigned naira notes is making it difficult for them to carry on with their trading activities. 

 The chairman Kebbi State Traders Association, Alhaji Umar Dangura Gwadangwaji, who disclosed this, said traders had made efforts to get the new naira notes from the various banks but it was difficult. 

“If we continue to collect it from customers, which bank will collect it from us when the date expires,” he said.

Daily Trust reports that motorists and food vendors in the Birnin Kebbi metropolis on Tuesday refused to accept the old notes from customers as banks and POS operators could not dispense the new currencies.

• NIGERIA DAILY: Does The Middle Class Still Exist In Nigeria?
• Nigerian born Okorafor joins Louisville Cardinals

Customers queued for hours at the various ATM points to collect the new notes with no success. 

“I have been coming to the bank since Monday to withdraw money to buy food items for my family because nobody would collect the old notes from me. But the situation is becoming more frustrating as I couldn’t get money from the bank ATM.

“See how I’m carrying money about but nobody would collect it from me because it’s old notes yet I couldn’t get the new ones from the banks,” Yusuf Ali, a customer of GTB lamented.