26 Nov 2016

Oh No! ATM Machines Run Out of Cash as Ondo Residents Make Panic Withdrawals

People in some parts of Akure are already feeling frustrated as ATM machines in the area have stopped working due to panic withdrawals.

Many were left frustrated on Friday in Akure, the Ondo State because of the inability of many automated teller machines to dispense cash as early as 10am, Punch reports.

The situation was worsened due to the public holiday declared by the state government as banks did not open for operations today. The ATM machines at Alagbaka area where almost all the banks have their branches were not dispensing cash at around 10:30am, the report revealed.

The frustration forced some of the customers to loiter around with the hope that bank officials would come and load cash or rectify the errors that prevented the machines from dispensing cash.

Blessing Hassan who came to withdraw money expressed dissatisfaction how some of the banks treated their customers knowing fully well that people would be in need of money during the election period. According to her, she wasted more than an hour waiting for the two machines at Adegbola Junction to dispense without success.

She said, “The machines around the place are not working. And I can’t go to Alagbaka because some people came from there and told me that the machines over there also did not dispense cash.

“This is unfair; since the bank officials knew ahead that today (Friday) is a public holiday, they ought to have assigned some of their workers to keep loading the machines with money and to promptly rectify any error, to make for hitch-free operations.”

However, some of the machines resumed cash dispensing some hours after.

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