Residents and Point of Sale (POS) operators in Kano State are expressing deep concern over a persistent cash shortage that is severely affecting local businesses and daily life. According to reports, accessing cash has become increasingly difficult, forcing many to search for available funds instead of relying on their usual banking habits. One resident highlighted the daily struggles to withdraw cash, stating that POS operators often cannot dispense even small amounts, leaving many unable to complete essential transactions.
POS operators are feeling the pressure as well, reporting significant disruptions to their businesses. A POS operator noted that banks have begun to limit cash withdrawals, with large requests often resulting in only a fraction of the needed amount being dispensed. The scarcity has created a reliance on cash transactions, as many customers are hesitant to use bank transfers, exacerbating the issue for those who operate in cash-dependent sectors.
Local residents are calling for authorities to address the cash scarcity, which they believe threatens their livelihoods and economic stability. Both residents and business owners are urging for immediate action to resolve the situation, as the ongoing cash crisis continues to impact the community and its economy significantly.
