source explained that banks are aware of the lack of cash in the economy, saying most of the officials are not happy seeing their customers under the sun and in the rain waiting for new notes that are not available.
The banker stated that banks decided to pay to ease the issue of people not having cash, adding that “the CBN remains adamant to change the new policy.”
Meanwhile, Nigerians are appealing to President Muhammadu Buhari to obey the order of the Supreme Court to allow the old notes to co-exist with the new ones.
However, some have predicted that the President would not act on the order of the court until after the March 11 governorship election so as to prevent candidates from buying votes with the old notes some of them have already stashed in their coffers.
