Following the Central Bank of Nigeria’s (CBN) decision to redesign some Naira notes, the presidency has disclosed how the change is affecting some billionaires who may have stashed the currency in their numerous homes.
In a post published on Friday, President Muhammadu Buhari’s Chief Spokesman, Femi Adesina, described how a customer stormed a commercial bank to deposit N20 million that was already gummed together, moist, and odoriferous.
According to Adesina, efforts by bank staff to sort out the notes were futile, resulting in the cash being rejected.
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He said, “Somebody went into a banking hall in Abuja some days ago, and came back to tell of a mighty stink that had pervaded the entire atmosphere in the hall.
“Whodunnit? A mysterious depositor had brought the sum of N20 million from God knows where, but the currency had become gummed together, damp, and odoriferous..
“The bank staff initially made a valiant effort to sort out the notes. With nose masks and hand gloves firmly in place, they began to count.
“But Lazarus had been dead for too long, and was already decomposing. No way to make the corpse walk. So at that point, the depositor was asked to leave the bank with his cargo, which had long gone into demurrage.
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“He left, with his tail between his legs, like a beaten dog. But the stink stayed behind. The banking hall had to be disinfected, and deodorized”.
Adesina praised the Apex Bank’s decision, which he says is beginning to yield positive results.
The new Naira notes, which President Buhari recently unveiled, will be issued on December 15, while the old notes will be phased out in January.
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