While many Nigerians keep vigil at ATM points across the country over the scarcity of new naira notes, videos posted on social media show wads of the newly redesigned notes being sprayed at a party.

The video shows the insensitivity of many to the plight of Nigerians who are struggling to lay their hands on a few new notes as the deadline of January 31, 2023 nears.

A report by Ripples Nigeria says that banks have high net-worth customers who corner the new notes because they consider them priority customers.

Also, currency traders pay extra to mop up large amounts of the redesigned naira notes. Many bank ATMs have run out of cash while there are queues in places with cash. The Central Bank of Nigeria insists that the banks have enough of the new notes to go around while the banks say they do not have money.

The plea by Nigerians and politicians for the extension of the deadline given by the CBN has not been adhered to as the bank says the deadline is sacrosanct.

According to Emefiele, the current cashless policy enables it to monitor and drive monetary policy objectives which are sabotaged by the huge currency still outside the banking system.

New naira notes are nowhere to be found but Dem don dey spray am for owambe party. Get your PVCS ready, this nonsense must stop. Vote LP 📌 pic.twitter.com/hatmFww5Yo

— Madona GCFR 💎💎 (@madona1996) January 28, 2023

The video which was posted on Twitter by @madona1996 has drawn the wrath of many Nigerians. @Emmalex_8 said: “And nah bundle the person Dey spray oooo, they supposed to arrest the sprayer to ask an how he take get that much when most persons neva see or hold am; na yesterday I hold and spend the new 1k.”