The Central Bank of Nigeria (CBN) on Thursday directed commercial banks to start disbursing the redesigned naira notes to customers over the counter.
CBN Governor Godwin Emefiele announced the directive in a statement.
Emefiele said the new directive is to ease the challenges Nigerians are having in accessing the new notes, as well as reduce queues at automated teller machines (ATMs) nationwide.
The CBN in a tweet assured Nigerians of the availability of the newly designed naira notes.
While there was an outcry over the lack of new notes, the apex bank said it was working with stakeholders to address the challenge.
“CBN is committed to ensuring that the new Naira notes reach the hands of Nigerians as soon as possible,” CBN tweeted.
“In collaboration with the EFCC and ICPC, the CBN has conducted Spot Inspections of Bank Branches at ATMs.”
Details later.