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    Home » Enugu residents lament transaction difficulties as cash scarcity persists
    Enugu

    Enugu residents lament transaction difficulties as cash scarcity persists

    EditorBy EditorMarch 28, 2023No Comments3 Mins Read

    Ben Ezechime, Enugu

    The current cash scarcity has continued to hit the residents of Enugu, capital of Enugu State in spite of efforts by the Central Bank of Nigeria (CBN) to end the scarcity.

    Ikengaonline investigation shows that poor transactions by banks and lack of notes have persisted in the city.

    In view of this, some residents have expressed worries over the situation.

    A visit to some of the banks shows huge number of customers on long queues to get access into the banks as the ATMs remain dry.

    In an interview, many bank customers expressed their frustrations over the chaotic situation in their banks.

    Mr Monday Mbah, a civil servant, said he had been on the queue for over three hours but was unable to find his way inside the bank, talk-less of making withdrawal.

    “I came here since 6:30am and was given card number 60. Look at the time now, it’s over three hours, yet I have not been called,” he said.

    Mbah said he was hoping to get out some cash from the bank and proceed to the office.

    “But as it is now I don’t even know if I will still make it to the office,” he said.

    A senior Citizen, Mr Ambrose Azike, said he was in the bank a third time to complain about his failed transaction at an Point of Sale (PoS) close to his house in Awkunanaw area.

    “This is my third time to visiting this bank because of a failed transaction which I made about two weeks ago.

    “Last week I was here twice and I was told not to worry that the money will reverse within seven working days.

    “Yesterday was the seventh day but nothing happened and I need the money to feed my family. I am just confused,” Azike said.

    The retiree, looking sickly, described the current cash swap policy as unfair to him and others.

    “I am a retired military personnel, living on my little pension with my family and here I am not even able to access my money.

    “I am sick as you can see me and I don’t have money to buy drug, what a life,” he said.

    Mrs Margerret Ugochi, a teacher also lamented the situation and expressed sadness over the situation.

    Ugochi said that she was tired of buying money from PoS operators, describing them as wicked and greedy.

    “I am tired of going to the PoS; those people are wicked and greedy; very exploitative,” she said.

    Meanwhile, NAN reports that, PoS operators in parts of the city have continued to exploit the confusion in the banks to rip off customers.

    Investigation shows that some of the operators charge as much as N1500 for N5000 and N3000 for N10,000.

    A staff of one of the banks who spoke in the condition of anonymity said contrary to the promise by the CBN to flood the banks with old naira notes, the banks don’t have much supply.

    “We are trying our best, we cannot give what we don’t have,” he said.

    Editor
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