READ ALSO:. BREAKING: CBN in a state of confusion, makes counter Press Statement on old N500, N1,000 notes (READ NEW RELEASE)
THE Central Bank of Nigeria (CBN) seemed to have shot itself in the leg with the directive of President Muhammadu Buhari that Nigerians should deposit their old N500 and N1000 notes at the apex bank offices.
This directive has overwhelmed the 37 offices nationwide including Abuja with hundreds of Depositors with old Naira notes that is now beyond their capability to control.
People are asking about how logical is it for the apex bank transforming itself to a Deposit Money Banks overnight with only one branch in each state where there are hundreds of bank branches with sole responsibility to attend to bank customers?
The food of thought is the typical example of unexplainable crowd at the Regional office at the CBN, Marina, Lagos on Friday.
READ ALSO:. BREAKING:. Controversy continues as BUHARI approves only old N200 as legal tender for 60 days
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