By Toyeeb Omotayo
Residents of Ilorin has continued to lament the aftermath of the currency swap in the state with banks operating skeletal services due to shortage of cash.
While many banks closed down their businesses on Friday, those opened were running skeletal services and did not meet the expectations of their customers in terms of availability of cash.
Majority of the banks who opened still dispense very old and tattered N50 notes to customers, which some rejected while others accept them grudgingly.
Sobi FM reporter who went around the metropolis reports that queues are still visible at some banks running skeletal services and most ATMs do not dispense the needed new currencies.
A bank customer who spoke to Sobi FM in Ilorin on Friday, lamented that though he was lucky to get to the main banking hall, on Unity Road, only N1,000 of N50 denomination was given to him across the counter on Thursday.
The naira swap crisis has also impacted negatively on small businesses, as some reject the old naira notes but other establishments like fuel stations, still accept the old notes.
Adamu, a fruit seller in Sango area who lamented the effects of the currency swap said he has stopped accepting old naira notes since Wednesday, an action which he says have affected his sales negatively.
It would be recalled that the Supreme Court last week gave a n order restraining the Federal government and the Central Bank of Nigeria, CBN, from withdrawing the old naira notes from circulation from February 10, 2023.
