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Naira swap: Police take over CBN in Ondo as irate customers lay siege

Armed policemen have taken over the premises of the Central Bank of Nigeria (CBN) located in the Alagbaka area of Akure, the Ondo State capital, following a siege on the facility by some bank customers.

Daily Trust reports that scores of aggrieved bank customers had in the early hours of Tuesday stormed the CBN office following the refusal of many commercial banks in the state capital to swap the old notes for the newly redesigned naira.

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The customers who included commercial motorcyclists and drivers, traders, civil servants, businessmen and women had besieged their various banks seeking to exchange the old notes for new ones but were turned back by the officials.

Some of the customers said the banks were no longer collecting the old notes as of Monday and Tuesday morning.

“You can just imagine, the banks are not collecting the old notes from us. They directed us to go and deposit the money at the CBN office. That’s the reason we are here right now,” he said.

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