Bank customers continue to lament cash crunch 72hrs after elections

Bank customers continue to lament cash crunch 72hrs after elections

Nigerians have continued to lament the cash crunch menace in their daily lives even after seventy-two hours of the Governorship and State House of Assembly elections.

Consumertrics notes that the current cash crunch scourge has been lingering for over three months now, without any real respite.

It was gathered that some banks in Ogun and Lagos States did not help matters either as bank officials told customers that they have no cash both in over the counter and the ATMs.

Customers in their droves besieged banks such as Zenith, Access, UBA, Wema, First Bank among others, but many of them left disappointed as they could not access cash either at the ATM points or withdraw over the counter.

Bank customers and naira!
Bank customers and naira!

According to one bank customer, Sarah Banjoko: “I was able to access N20,000 last week on the ATM of Wema Bank at Sango-Ota, but on Tuesday but could not access any cash either at the ATM point or the counter.”

She added, “Today (Tuesday) is quite tough, no one could access cash either at the ATM point or over the counter. The tellers told us there was no cash in the bank.”

Another customer who simply identified himself as Amos also confirmed that he could not access cash but could only do transfer from his account.

He lamented,” It is not everything one can buy through transfer or POS machine, imagine you want to buy vegetables, watermelon and tomatoes.”

Bank customers continue to lament cash crunch 72hrs after elections
Bank customers continue to lament cash crunch 72hrs after elections

Just like the CBN promised, many Nigerians had hoped that with the conclusion of the 2023 general elections on Saturday, the banking halls would return to normal but that did not happen.

The reality on ground points to direction that the sufferings of bank customers are far from being over.

Note that the media were awash with the news of some bank customers who died waiting in queue or even trekking longer distance to get cash but to no avail.