BVN: Orderliness Returns To Nigerian Banks | Independent Newspapers Limited
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BVN: Orderliness Returns To Nigerian Banks

Posted: Jul 1, 2015 at 12:48 pm   /   by   /   comments (0)

ORDERLINESS returned to the country’s banks on Wednesday July 1, 2015 following the extension of the Bank Verification Number (BVN) enrolment deadline from June 30 to October 31 by the Central Bank of Nigeria (CBN).

Before the news of the deadline extension on Tuesday, June 30, 2015 evening, customers thronged banks all over the country to beat the June 30 deadline.

On Wednesday that the situation had changed, as only few customers were seen at the banks taking advantage of the new date.

The customers who spoke with the News Agency of Nigeria (NAN) at the some bank branches in Kaduna, expressed happiness with the decision of the CBN for the extension of the deadline.

They explained that they decided to take advantage of the extension to get registered and avoid a last-minute rush in the future.

A businessman, Shuaibu Tanko, who lauded the CBN for extending the deadline, added that the decision was a demonstration of the bank’s understating of the plight of bank customers, who were yet to register for the BVN.

“I don’t want to be caught in that kind of last-minute rush again as I have suffered enough; my business has suffered too, after being in the bank for two days without success.

“As you can see, there is no crowd today, I am sure I will be registered in a short time.

A student, Benjamin Asema, who claimed ignorant of the exercise until a few days ago, also lauded the CBN decision, describing it as a prayer answered.

I was not aware of the exercise until a friend called me a few days ago, asking me if I had registered.

“I have been coming to the bank since the past two days, but could not register due to the crowd. I am so happy that the deadline has been extended,” Asema said.

On his part, a public servant, Nicodemus Danladi, said the banks should make provisions for more personnel to enable more people register at a time instead of assigning only one person.

It would be recalled that a circular issued by the apex bank explained that the extension was expected to facilitate a smooth completion of the exercise.

According to the circular, the extension would also give Nigerian bank customers in the Diaspora the ample opportunity to enrol for the BVN.