CBN monitors compliance of new naira deadline in Akwa Ibom.

The Central Bank of Nigeria has commenced moves aimed at ensuring that banks in the country keep to the January 31 deadline for the circulation of new notes throughout the count

CBN branch in Akwa Ibom State, on Thursday dispatched a team of its personnel to various commercial banks in the Uyo metropolis to monitor compliance across the state.

The banks visited include the First Bank of Nigeria, Zenith Bank, Access Bank, Fidelity Bank, Guaranty Trust Bank, United Bank for Africa, and Union Bank of Nigeria, all located at banking layout, Udo Udoma avenue.

Others visited include Wema Bank all located on the Aka Road, Uyo, Unity Bank, Access Bank, the FBN, Ecobank and the state capital.

Also monitored were SUNTRUST bank, Keystone Bank, Access Bank, Polaris Bank, the GTB, First City Monument Bank,Sterling Bank, Zenith Bank, the FBN, the UBN, the UBA, Globus Bank, and Fidelity Bank, all on Abak road.

Our correspondent reports that while most of the banks visited had started complying with the new directives, a few others had yet to fully comply as some customers were complaining of lack of cash.

Eyo Ekerendu,a retiree and a customer with one of the banks at the Banking layout, Udo Udoma Avenue, expressed dissatisfaction over the delay (in withdrawing new naira notes), adding that he had been around since morning but could not withdraw through the Automated Teller Machine.

“I have been around since morning but I can’t withdraw because they are telling us that there is no cash,” he said, calling on the officials of the CBN to address the issues.