{"id":102982,"date":"2023-02-05T18:20:04","date_gmt":"2023-02-05T17:20:04","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=102982"},"modified":"2023-02-05T18:20:04","modified_gmt":"2023-02-05T17:20:04","slug":"hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/","title":{"rendered":"Hoarding of new naira notes: Zulum threatens to revoke banks&#8217; land"},"content":{"rendered":"<div dir=\"auto\">Except for those with verifiable constraints such as lacking supplies from the CBN, Borno State Governor, Professor Babagana Umara Zulum has directed that any bank which refuses to dispense new naira notes via Automated Teller Machines (ATMs) and banking halls should have its land revoked by the state government.<\/p>\n<p>Zulum issued the directive on Friday afternoon in Maiduguri after visiting branches of banks to assess problems being faced by residents in trying to access new naira notes in long queues at ATMs amid acute scarcity and hopelessness.<\/p>\n<p>\u201cAny bank in Borno State that is not willing to ensure their ATMs are fully dispensing new naira notes cash to ease the suffering of our people, we will withdraw their land title immediately. We will only spare Banks with genuine constraints that are verifiable\u201d Zulum said.<\/p>\n<p>Before that declaration, Governor Zulum was unhappy when he saw hundreds of people queued at a bank\u2019s branch, with only one out of 10 ATMs dispensing cash.<\/p>\n<p>\u201cAs you can see here, only less privileged people are queued up. I didn\u2019t see rich people here. Many people are said to be here since 3:00 am, some could not even eat anything. The new naira note and even the old ones are not available and that is adversely affecting commercial activities in the state and people are suffering\u201d Zulum said as he sympathize with people in queues.<\/p>\n<p>The Governor said further: \u201cWe just released salaries of about 5 billion naira and the banks don\u2019t have money, some of the ATMs are not working. We don\u2019t have any problem with the CBN policy or the withdrawal limit, they said individuals can only withdraw N20,000, but why can\u2019t everyone have access to that N20,000?\u201d<\/p>\n<p>\u201cYesterday I was in Gubio with a population of over 70,000 people but it was impossible to source N100,000 in the entire local government, neither of the new note nor the old notes.<\/p>\n<p>\u201cA ram that is worth N100,000 is now being sold for N35,000 because people are desperate for cash, and some wicked rich people are going to rural areas to exploit poor people\u201d Zulum noted.<\/p>\n<p>The Governor urged the Central Bank of Nigeria (CBN) to ensure the availability of new notes at commercial banks for people to access their money.<\/p>\n<p>\u201cRight now, in Borno State, I have visited more than ten ATMs and there\u2019s no cash\u201d Zulum said.<\/p>\n<div class=\"yj6qo\"><\/div>\n<div class=\"adL\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Except for those with verifiable constraints such as lacking supplies from the CBN, Borno State Governor, Professor Babagana Umara Zulum has directed that any bank which refuses to dispense new&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":91509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-102982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hoarding of new naira notes: Zulum threatens to revoke banks&#039; land - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hoarding of new naira notes: Zulum threatens to revoke banks&#039; land - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Except for those with verifiable constraints such as lacking supplies from the CBN, Borno State Governor, Professor Babagana Umara Zulum has directed that any bank which refuses to dispense new&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-05T17:20:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/02\/Borno-Governor-Babagana-Zulum-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"518\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"Hoarding of new naira notes: Zulum threatens to revoke banks&#8217; land\",\"datePublished\":\"2023-02-05T17:20:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/\"},\"wordCount\":408,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/02\/Borno-Governor-Babagana-Zulum-1.jpeg\",\"articleSection\":[\"Other News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/\",\"name\":\"Hoarding of new naira notes: Zulum threatens to revoke banks' land - Pointblank News\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/02\/Borno-Governor-Babagana-Zulum-1.jpeg\",\"datePublished\":\"2023-02-05T17:20:04+00:00\",\"author\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"breadcrumb\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#primaryimage\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/02\/Borno-Governor-Babagana-Zulum-1.jpeg\",\"contentUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/02\/Borno-Governor-Babagana-Zulum-1.jpeg\",\"width\":1000,\"height\":518},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pointblanknews.com\/pbn\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hoarding of new naira notes: Zulum threatens to revoke banks&#8217; land\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/\",\"name\":\"Pointblank News\",\"description\":\"Just the news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\",\"name\":\"Our Reporter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"caption\":\"Our Reporter\"},\"url\":\"https:\/\/pointblanknews.com\/pbn\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Hoarding of new naira notes: Zulum threatens to revoke banks' land - Pointblank News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/","og_locale":"en_US","og_type":"article","og_title":"Hoarding of new naira notes: Zulum threatens to revoke banks' land - Pointblank News","og_description":"Except for those with verifiable constraints such as lacking supplies from the CBN, Borno State Governor, Professor Babagana Umara Zulum has directed that any bank which refuses to dispense new&hellip;","og_url":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/","og_site_name":"Pointblank News","article_published_time":"2023-02-05T17:20:04+00:00","og_image":[{"width":1000,"height":518,"url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/02\/Borno-Governor-Babagana-Zulum-1.jpeg","type":"image\/jpeg"}],"author":"Our Reporter","twitter_misc":{"Written by":"Our Reporter","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#article","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/"},"author":{"name":"Our Reporter","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"headline":"Hoarding of new naira notes: Zulum threatens to revoke banks&#8217; land","datePublished":"2023-02-05T17:20:04+00:00","mainEntityOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/"},"wordCount":408,"commentCount":0,"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/02\/Borno-Governor-Babagana-Zulum-1.jpeg","articleSection":["Other News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/","url":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/","name":"Hoarding of new naira notes: Zulum threatens to revoke banks' land - Pointblank News","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#primaryimage"},"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/02\/Borno-Governor-Babagana-Zulum-1.jpeg","datePublished":"2023-02-05T17:20:04+00:00","author":{"@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"breadcrumb":{"@id":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#primaryimage","url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/02\/Borno-Governor-Babagana-Zulum-1.jpeg","contentUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/02\/Borno-Governor-Babagana-Zulum-1.jpeg","width":1000,"height":518},{"@type":"BreadcrumbList","@id":"https:\/\/pointblanknews.com\/pbn\/other-news\/hoarding-of-new-naira-notes-zulum-threatens-to-revoke-banks-land\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pointblanknews.com\/pbn\/"},{"@type":"ListItem","position":2,"name":"Hoarding of new naira notes: Zulum threatens to revoke banks&#8217; land"}]},{"@type":"WebSite","@id":"https:\/\/pointblanknews.com\/pbn\/#website","url":"https:\/\/pointblanknews.com\/pbn\/","name":"Pointblank News","description":"Just the news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c","name":"Our Reporter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","caption":"Our Reporter"},"url":"https:\/\/pointblanknews.com\/pbn\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/102982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/comments?post=102982"}],"version-history":[{"count":0,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/102982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media\/91509"}],"wp:attachment":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media?parent=102982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/categories?post=102982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/tags?post=102982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}