Hundreds of Traders from across Anambra state have kicked against the sale of the redesigned naira notes by commercial banks in open markets in the state.The redesigned notes of N1000, N500 and N200 are being sold in the markets by people suspected to be agents of commercial banks in the area.
The protesting traders accused officials of commercial banks in the state of not paying or dispensing the new notes through the Automatic Teller Machines (ATMs) to customers, rather they give the notes to their agents who sell them at open markets.
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The traders in their report to the Anambra State Branch Controller of the CBN, Benedict Maduagwu during CBN’s sensitisation of stakeholders on the currency redesign held yesterday at Market leaders’ office hall, Onitsha Main Market, Anambra state.
Chairman of Onitsha Main Market Traders Association, Innocent Ezeoha, appealed to management of the CBN to come to the market and exchange the new currency notes for the traders.
Responding, the CBN branch controller, Maduagwu said the apex bank would henceforth mount surveillance on the commercial banks in the area over the development, warning the banks that every money allotted to them had security codes.
“Currency management is a key function of the Central Bank of Nigeria, as enshrined in Section 2 (b) of the CBN Act 2007, adding “the integrity of a local legal lender, the efficiency of its supply, as well as its efficacy in the conduct of monetary policy are some of the hallmarks of a great Central Bank.”Maduagwu said.
