Residents in Benin, Edo capital, on Monday refused to collect the old N500 and N1,000 notes being issued to customers at some commercial banks in the state.
Some of the bank customers who spoke during separate interviews with the NTV Africa in Benin, said their refusal was due to non acceptance of old notes.
They said the refusal was mostly by traders and filling stations as legal tender.
They also said that the rejection of the old notes from the banks was due to the difficulty in depositing such money in the banks.
Some banks in Edo have been paying customers with old N500 and N1,000 notes for over a week yet many business operators have refused to accept the money.
Many customers that visited some commercial banks which included Heritage bank, Keystone, United Bank for Africa, and Unity Bank, among others, rejected the old notes issued to them.
The customers were seen stranded at the various banks as they waited patiently for several hours for payment of the new Naira notes.
Some of the customers who spoke on the development, told NTV Africa that the situation was causing hardship for the common man.
A customer at one of the banks, Mr Idris Usman, said he declined to collect the old notes since he would not be able to transact any business with them.
“I came by 6am today, they commenced operation by 9am and they were issuing old notes, which customers declined because traders were not accepting them as legal tenders.”
“Last week, they paid me with old notes, I couldn’t spend any of the notes as people refused to accept them.
“When I took the money to the bank that issued the money to me, they refused to collect them, asking me to take them to the Central Bank of Nigeria (CBN),” he said.
Also, Mr Noma Iguisi, Edo Chairman, National Association of Small-Scale Industrialists, urged the CBN and Federal Government to consider the small businesses in the country while going about the cashless policy.
“Small businesses are suffering because of this cashless policy. Many small business owners are not selling and buying because the cashless methods of payment is not reliable and accessible.
“The CBN should abide by the rule of law. I don’t think it is right for any government to go against the Supreme Court judgment,” he said.
Hello ntvafrica.com Owner!
I just found your site, quick question…
My name’s Eric, I found ntvafrica.com after doing a quick search – you showed up near the top of the rankings, so whatever you’re doing for SEO, looks like it’s working well.
So here’s my question – what happens AFTER someone lands on your site? Anything?
Research tells us at least 70% of the people who find your site, after a quick once-over, they disappear… forever.
That means that all the work and effort you put into getting them to show up, goes down the tubes.
Why would you want all that good work – and the great site you’ve built – go to waste?
Because the odds are they’ll just skip over calling or even grabbing their phone, leaving you high and dry.
But here’s a thought… what if you could make it super-simple for someone to raise their hand, say, “okay, let’s talk” without requiring them to even pull their cell phone from their pocket?
You can – thanks to revolutionary new software that can literally make that first call happen NOW.
Web Visitors Into Leads is a software widget that sits on your site, ready and waiting to capture any visitor’s Name, Email address and Phone Number. It lets you know IMMEDIATELY – so that you can talk to that lead while they’re still there at your site.
You know, strike when the iron’s hot!
CLICK HERE http://jumboleadmagnet.com to try out a Live Demo with Web Visitors Into Leads now to see exactly how it works.
When targeting leads, you HAVE to act fast – the difference between contacting someone within 5 minutes versus 30 minutes later is huge – like 100 times better!
That’s why you should check out our new SMS Text With Lead feature as well… once you’ve captured the phone number of the website visitor, you can automatically kick off a text message (SMS) conversation with them.
Imagine how powerful this could be – even if they don’t take you up on your offer immediately, you can stay in touch with them using text messages to make new offers, provide links to great content, and build your credibility.
Just this alone could be a game changer to make your website even more effective.
Strike when the iron’s hot!
CLICK HERE http://jumboleadmagnet.com to learn more about everything Web Visitors Into Leads can do for your business – you’ll be amazed.
Thanks and keep up the great work!
Eric
PS: Web Visitors Into Leads offers a FREE 14 days trial – you could be converting up to 100x more leads immediately!
It even includes International Long Distance Calling.
Stop wasting money chasing eyeballs that don’t turn into paying customers.
CLICK HERE http://jumboleadmagnet.com to try Web Visitors Into Leads now.
If you’d like to unsubscribe click here http://jumboleadmagnet.com/unsubscribe.aspx?d=ntvafrica.com