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POS dealers ATM make brisk businesses in Borno and Yobe state due to scarcity of naira notes
POS dealers ATM make brisk businesses in Borno and Yobe state due to scarcity of naira notes
By: Bodunrin Kayode
Naira sale has become big business in the capital of Borno and Yobe states as Point Of Sale (POS) agents are making brisk business beyond the normal charges from customers.
Even the Automated Teller Machines ATM which are supposed to give customers their cash as at when needed have restricted them badly to just N2000 in some cases even as our findings indicate that they drive big amounts of new cash in their private cars back to the bedrooms of those big time business men and politicians for fear of loosing their accounts to willing bank managers.
For those in Damaturu, a smaller town and capital of Yobe State, the scarcity of old naira notes still persists as it does in maiduguri but our investigations indicate that residents are trying to survive the tensed atmosphere this has quagmire has created.
The scarcity of naira notes has caused very long queues in most of the major towns around the two states such that there are worries that some people may never have respite even after the deadline issued by the central bank of Nigeria.
It’s the same sing song in Potiskum where a security source name withheld told this reporter that the policy should have been implemented long ago and not just when the election is at the corner.
“imagine you implement a policy that you think will cripple the political class who horde billions of this same naira for the election. Do you think some of them step into the bank? The answer is no. These bankers drive the cash back into their bedrooms. So who is loosing now? It’s the common man who has to buy naira at exorbitant prices.”he pointed.
Investigation conducted by this reporter indicates that because most of the council areas of these two states do not have branches of banks, there is an acute scarcity of even the old naira notes in the hinterland 200 to 300km outside the city of maiduguri and Damaturu.
A source who also prefers anonymity in Gamboru Ngala told this reporter that some residents in the border town that have relatives in Cameroon have resolved to buy most of their needs in foreign cfa currency which is available in their area as the bite of the scarcity of the naira persists.
She went on “We become lucky only when the POS agents travel to maiduguri and bring cash for us. Even that, they charge us 300 naira for every new N1000 we ask them to change for us. Some take half of the money in the name of selling new notes to us.
” This is our sad plight because we do not have banks here, not even micro finance banks to benefit from the enormous border trade going on with the gradual advent of peace in the place.
A drive round maiduguri within the period under review indicates that some of the banks deliberately refused to pay the old money to some customers and even POS agents on the counter since Monday and that is after the central bank of Nigeria had given a directive that they should dispense cash to them.
Service providers stranded
A tailor who called himself Bomboy complained that since Monday he has been working yet people were not coming to take their clothes and pay up even old notes for services.
He said those who want to pay him are met with stiff agency charges such as 1,500 taken from their salaries for every 5000.
“So if her salary is just N15,000 monthly you can imagine how she will feel loosing up to 4,500 from her pay if she wants to withdraw the cash for keeps so she can use accordingly.” said Bomboy.
At kasua fara which is part of konduga council area of Borno, charges rose from N100 for each N5000 withdrawal to about N500 which is ten percent of the money one desires to withdraw.
In the second largest town of Bama, the report was not different right up to Pulka and Gwoza, lack of money was a recurring decimal.
The POS sellers alleged that even though it is illegal to buy the naira, they have no choice but to buy behind the counter from some willing banks to go and sell for the customers who can afford to pay for the excess charges.
Paralysis of commercial activities
The scarcity has badly affected the buying and selling going on within the city because of the fear of losses they will incur if they get to the POS which is the only leeway to escape the mammoth crowd at the banks.
Some residents who spoke to this reporter noted that going out to the Atm centres of some banks is a waste of time because after two hours of waiting you realize that it can only dispense between 3 and 5,000.
“what if my wife is sick and we need to buy drugs worth more than 5000? Do that is how I will be restricted because they now dish out only 5000 in some ATM centres averagely which is bad for business.
Meanwhile, in these the CBN has set up committees that have been going round the states to enforce compliance. In Borno the committee is headed by Mohammed Tumala, a director of statistics in the CBN.
He told this reporter that the CBN is really serious about monitoring the whole exercise and would stick to the deadline which is why they are on ground to ensure enforcement by commercial banks.
He Saud that Borno Yobe has been taken care of because over N8. 4 billion was distributed to Borno as at last week while over N4 billion has been disbursed to Yobe alone.
He said that his team has been to many areas of the state and have disbursed directly to POS and other organized groups in need of the new notes.
The team leader said that they have been working with security agencies. Icpc, efcc and other relevant groups supporting the implementation of the policy by the CBN.
Reaction from Kano
Another anonymous source in kano said that it was true that some people were making brisk businesses from the currency business.
“But it is to our own disadvantage because our kids are the people I am thinking of. How will their generation live their lives? The masses are suffering and things are not getting better in anyway.
” There is no scarcity in kano except that people are buying the notes and keeping them in their homes as surety for the dry day.
” A lot of people have turned the crave for new naira notes into business and that is the only time it becomes scarce. Imagine someone withdrawing a million while others do not have anything.
” The POS agents are equally not helping matters because they exploit people a lot, by selling the currency at cut throat prices.
” At least eighty percent of the currency in circulation is outside the banking system. Just 20 percent is within the system and that is not good for our economy.
“The cashless policy must succeed because we cannot continue to be a cash based society.
” That is why we are welcoming E naira because it will also make sure we are boarded from the cash system. It would be of great advantage to the country as such it should be embraced if we mean business with our economy.
Reaction from the Govt house
Except for those with verifiable constraints such as lacking supplies from the CBN, the State Governor, Professor Babagana Zulum has directed that any bank which refuses to dispense new naira notes via ATMs and banking halls should have its land revoked.
Zulum issued the directive over the weekend after visiting branches of banks to assess problems being faced by residents in trying to access new naira notes via long queues at ATMs amid acute scarcity and hopelessness.
“Any 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” Zulum said.
Before that declaration, Zulum expressed unhappiness when he saw hundreds of people queued at a bank’s branch, with only one out of 10 ATMs dispensing cash.
“As you can see here, only less privileged people are queued up. I didn’t see rich people here. Many people are said to been here since 3:00 am, some could not even eat anything. The new naira notes and even the old ones are not available and that is adversely affecting commercial activities in the state and people are suffering
“We just released salaries of about 5 billion naira and the banks don’t have money, some of the ATMs are not working. We don’t have any problem with the CBN policy or the withdrawal limit, they said individuals can only withdraw N20,000, but why can’t everyone have access to that N20,000?” he said.
“Yesterday 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. A 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. ” Said Zulum
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.
“Right now in Borno State, I have visited more than ten ATMs and there’s no cash” Zulum said.
POS dealers ATM make brisk businesses in Borno and Yobe state due to scarcity of naira notes
News
The exceptional brilliance of Coach Yusuf Alabi at Gombe United
The exceptional brilliance of Coach Yusuf Alabi at Gombe United
By Barry Kalla
Gombe United’s relegation to the Nationwide League One (NLO) is one that is widely being perceived as a difficult pill to swallow and a rude shock to all football lovers in the state who would have wished it was a bad dream that they should hastily awake from, especially in view of the pedigree of the club and its role in putting smiles on the faces of millions of passionate fans week in, week out.
To them, it is one prophesy they wished was never fulfilled as many football analysts in the state had earlier raised the alarm regarding the manner the club was being managed and handled administratively but the warning was ignored and today, Gombe United has now achieved the opposite of the mandate set for it by the state which is Nigeria Premier Football League (NPFL) ticket.
In the midst of all these, we must never forget the sacrifices that were made in spite of the club’s relegation. One of those sheer sacrifices is that of Coach Yusuf Salihu Alabi whose unmatchable commitment, diligence and true brilliance added value to Gombe United. Coach Alabi, as the Technical Adviser of the club invested a lot of technical know-how which could have paid off if he had enough time. The repairs and technical reforms gave Gombe United the pride of not getting relegated long before now.
Though the mandate of the club wasn’t met, but we must not fail to lavish our commendation where it is most needed and to Alabi, he deserves all the commendations in view of the state he met Gombe United and the impact he made within the short time available.
One of the beauties of life is that it maintains a balance, where every negative situation contains a hidden positive spark and without mincing words, Yusuf Alabi is that spark that must be celebrated for his exceptional efforts in building and rekindling hope at a time that the club was battling the worst performance in recent history.
Somehow, Alabi’s prowess came in good in terms of character building, professionalism, team unity, and rejigging the structural make-up of the team that produced some impressive results that repositioned the team and gave hope to numerous fans of Gombe United.
A quick look at the results, showed that on February 14, 2026 Jigawa Golden Stars defeated Gombe United 2-1; interestingly, though a defeat but it was the first time, Gombe United scored an away goal in months, prior to this match which was Alabi’s first on the job. The away goal was the hope the fans waited for in a long time. The next match was even a better outing as United beat visiting Bichi 2-1, before going to Kebbi to pick a point on the road with a goalless draw.
The other matches were a 1-1 draw with Yobe; 2-0 defeat away to Adamawa United and a 2-0 win at home against Ranchers on April 22, 2026. Analysis of the result under Alabi’s watch showed a departure from the norm of frequent points losses both at home and away.
Alabi further proved that his Confederation of African Football (CAF) B License is not a mistake by winning the state F.A Cup for Gombe United and adding more value to the history of the club.
A glance at Alabi’s coaching and sports certification showed that he obtained his Basic Certificate in football coaching in 2008; Modern Trend in Football Coaching 2009; Youth Football Coaching and Admin 2011; BFUT Level 4 Coaching License (FIFA Endorsed) 2012.
Others include CAF “C” License 2014; CAF “B” License 2017; Pro Football Management Master Class (PFMMC) 2020; Coach the Coaches Refresher Course (Ghana) 2021; IOC Sports Administrator Course 2023; CAF License Coach Educator 2025 and IOC Sports Manager Course 2025.
With such rich CV, he has worked with over 22 clubs across the country before joining Gombe United. Indeed his wealth of experience has helped fortified Gombe United but for time and other administrative ills, Alabi would have restored the glory of Gombe United.
This write-up is to show appreciation to Coach Yusuf Alabi regardless of the circumstances.
We are proud of what he has done and in spite of the relegation his professionalism is not in doubt because he has proven that he can be trusted with any team even in NPFL to deliver the goods.
The exceptional brilliance of Coach Yusuf Alabi at Gombe United
News
Gombe partners media to boost polio, HPV vaccine uptake
Gombe partners media to boost polio, HPV vaccine uptake
The Gombe State Government has engaged media professionals and stakeholders to strengthen awareness on polio immunisation and boost vaccine uptake ahead of upcoming campaigns across communities in the state.
The engagement, on Thursday in Gombe, is part of preparations for the May round of Intensive Supplemental National Immunisation Plus Days (SNIPDs) campaign targeting improved coverage and community participation statewide.
The News Agency of Nigeria (NAN) reports that the session with journalists and social media influencers was organised by the Gombe State Primary Health Care Development Agency (GSPHCDA) to enhance public communication strategies.
The agency partnered with the National Primary Health Care Development Agency, World Health Organization, and United Nations Children’s Fund (UNICEF) to coordinate efforts aimed at increasing awareness and acceptance of vaccines among residents.
The May campaign will focus mainly on polio vaccination and the Human Papilloma Virus vaccine, targeting children and young girls to prevent disease outbreaks and long-term health complications.
Mr Abubakar Mu’azu, District Health Information Officer, (GSPHCDA), highlighted the importance of awareness, urging media stakeholders to encourage caregivers to present eligible children for vaccination during the campaign period.
Mu’azu disclosed that more than 963,000 children were vaccinated against polio during the March 2026 round but noted a decline compared to previous exercises conducted within the state.
He said more than one million children were vaccinated in June 2025, while 968,710 received doses in November, stressing the need to reverse the downward trend through intensified advocacy.
He explained that engaging the media was a strategic step to improve public trust, counter misinformation, and drive increased participation in both routine immunisation and mass vaccination campaigns statewide.
Mr John Markez, Social and Behavioural Change Consultant with UNICEF, emphasised the importance of promoting polio and HPV vaccines in preventing disease outbreaks and reducing long-term health risks among populations.
“Not all cervical cancer issues are HPV related but about 70 per cent of them are associated with HPV.
“Capturing these girls at the age of nine provides long-lasting protection,” he said.
He added that mass vaccination campaigns and routine immunisation services had significantly reduced polio risks in Nigeria compared to levels recorded about 15 to 20 years ago nationwide.
Emily Madina, Consultant with the Christian Health Association of Nigeria, reiterated the critical role of the media in driving awareness, influencing behaviour, and improving vaccine acceptance in underserved communities.
Gombe partners media to boost polio, HPV vaccine uptake
News
Unlocking the Benefits of Zero-Tariff Measures to Elevate the China–Africa Community with a Shared Future to a New Level
Unlocking the Benefits of Zero-Tariff Measures to Elevate the China–Africa Community with a Shared Future to a New Level
By Yu Dunhai,
On May 1 this year, China will fully implement zero-tariff measures for 53 African countries that have diplomatic relations with China. This represents a concrete step by China to expand high-level opening up and deepen China–Africa cooperation. As the policy enters its implementation phase, China–Nigeria cooperation is also reaching a critical juncture, transitioning from an “opportunity window” to the delivery of tangible outcomes.
This measure is characterized by comprehensive coverage. Previously, China had already granted zero-tariff treatment on 100 percent of tariff lines to 33 least developed African countries. Starting May 1, China will further extend zero-tariff arrangements, through preferential tariff rates, to 20 non-least developed African countries, including Nigeria, thereby achieving full coverage of all African countries with diplomatic relations with China. As a result, China has become the first major economy in the world to unilaterally implement comprehensive zero-tariff treatment for all such countries, demonstrating through concrete actions its commitment to providing market opportunities to African partners.
Zero tariffs measures directly reduce the cost of Nigerian products entering the Chinese market. From sesame, ginger, and cashews to cocoa and other specialty agricultural products, as long as they meet rules of origin as well as inspection and quarantine requirements, they can access the Chinese market more smoothly. This “channel effect” helps translate potential demand into stable orders and convert market opportunities into tangible benefits.
Beyond enabling products to be “sold,” this measure will also help them be “sold better.” The removal of tariffs will both encourage and incentivize enterprises to improve quality standards, optimize product structures, and strengthen brand development, thereby supporting sustainable growth in China’s high-standard market. As export volumes expand and quality improves, the international reputation of “Made in Nigeria” will be further enhanced.
From a broader perspective, the measure will promote localized value addition, inject new momentum into Nigeria’s industrialization and agricultural modernization, create employment opportunities, and improve livelihoods. Clear and stable expectations for exports to China will attract increased domestic and foreign investment into sectors such as agriculture, food processing, mineral processing, and manufacturing. Value addition through local processing prior to export will help extend industrial chains and stimulate the development of supporting industries, including R&D, quality inspection, packaging, warehousing, and logistics. In this way, Nigeria will be better positioned to transition from primary commodity exports to more diversified, higher value-added exports, enhancing the resilience and dynamism of its economy.
Whether the benefits of zero-tariff measures can be fully realized ultimately depends on effective implementation. African producers and exporters, including those in Nigeria, are encouraged to proactively align with Chinese market requirements in terms of product quality, supply reliability, and brand promotion. China will work closely with Nigeria and other African countries to create an even more enabling environment for expanding exports to China. This includes providing technical support through capacity-building programs, enhancing trade facilitation through “green channels” for agricultural products, and welcoming Nigerian enterprises to actively participate in major platforms such as the China International Import Expo, the Canton Fair, and the China–Africa Economic and Trade Expo to connect with buyers and promote their products. We also look forward to close coordination with relevant Nigerian authorities to ensure that products meet applicable origin rules, inspection and quarantine standards, and other regulatory requirements.
The zero-tariff arrangement is an innovative, phased, and pioneering measure in the ongoing negotiations on the Agreement on Economic Partnership for Shared Development between China and African countries. This agreement will more comprehensively reduce both tariff and non-tariff barriers, enhance trade and investment facilitation, and deepen cooperation across a range of development areas, thereby providing long-term, stable, and predictable institutional support for mutually beneficial cooperation between China and Nigeria.
Against the backdrop of persistent geopolitical tensions, global economic headwinds, and rising unilateralism and protectionism, China’s commitment to expanding opening up, while focusing on Africa’s development priorities and sharing the opportunities of its vast market and modernization, demonstrates both responsibility and strategic foresight. China stands ready to work with Nigeria to ensure that zero-tariff measures take root and deliver real results, advancing Africa’s modernization and elevating the China–Africa community with a shared future to a new level.
Yu Dunhai, is Chinese Ambassador to Nigeria
Unlocking the Benefits of Zero-Tariff Measures to Elevate the China–Africa Community with a Shared Future to a New Level
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