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Banks push out dirty, mutilated notes as new naira scarcity persists

Bank workers and customers have lamented the quality of the old naira notes reintroduced into circulation by the Central Bank of Nigeria amidst the gradual disappearance of the new notes.

Saturday PUNCH gathered that bank tellers, who pay cash to customers, and workers in bulk rooms, who collect large cash deposits from depositors, were apprehensive that the dirty and mutilated notes could spread diseases.

A teller at a new generation bank in the Ibafo area of Ogun State, who spoke on condition of anonymity, told one of our correspondents that handling dirty notes was a source of concern to her and her colleagues, especially those in the bulk room.

She stated, “The fear of contracting diseases is real. Following the re-circulation of the old notes, the N1,000, N500 and N200 that we are being supplied to pay to customers are mostly dirty and mouldy. Some of the bundles smell bad and we have returned to wearing nose masks to safeguard our health.

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