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Demonetisation in Nigeria: Long queues outside ATMs in country where cash is 'king'

Shortpedia

Content Team
Image Credit: pixabay

With an aim to bring down corruption and inflation in the country, Nigeria implemented the plan of demonetisation but to no avail. The scarcity of new naira notes has brought in a deep financial crisis in Nigeria. As per an Indian Express report, brawls at banks and long ATM queues have crippled the country exposing the poor implementation of the huge decision on the part of the Nigerian govt.