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Abuja residents pass night at Zenith Bank ATM stand

Abuja residents pass night at Zenith Bank ATM stand

Residents in Abuja were seen passing the night at a Zenith Bank Automated Teller Machine (ATM) stand, due to the shortage of new naira notes in circulation.

The video, which was shared on social media, sparked outrage among Nigerians who feel that access to their own money should not be this difficult.

The shortage of new naira notes has been a recurring problem in Nigeria and has caused difficulties for many citizens who are unable to access their funds. This has resulted in long queues at ATM stands, with some people waiting for hours only to be told that the machine has run out of cash.

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This latest incident raises serious concerns about the stability of the country’s financial system and the ability of the Central Bank of Nigeria to effectively manage the nation’s currency. The government must take immediate action to resolve this issue, as access to one’s own money is a basic right that should not be compromised.

In addition, the situation has led to frustration and anger among citizens, who are calling for the government to ensure that the new naira notes are widely available and accessible to all.

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The constant shortage of cash not only affects individuals but also small businesses who rely on cash transactions to survive.

It is imperative that the government takes the necessary steps to address this issue and ensure that all citizens have access to their money at all times.

The Central Bank of Nigeria must work to improve its management of the country’s currency and ensure that the new naira notes are in ample supply to meet the needs of the population.

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