Kwara Governor Pleads With Residents On Use Of Old Naira Notes

Date: 2023-03-14

Kwara State Governor, AbdulRahman AbdulRazaq has asked residents of the state, especially marketers, to collect and spend the old and new naira notes as both are still legal tenders in the country.

According to him, per the judgment of the Supreme Court of Nigeria and the latest circular of the Central Bank of Nigeria (CBN), the old naira notes remains a legal tender in the country.

He added that banks are now officially issuing the old naira notes (including N500, and N1000).

The governor, therefore, urged all residents of the state to spend and receive both the old and the new naira notes.

This is contained in a Kwara State Government House statement issued on Tuesday and signed by the Chief Press Secretary to the governor, Rafiu Ajakaye.

“This appeal especially goes to our marketers/traders. Further rejection of the old naira notes is in breach of the Supreme Court judgment. Such rejection is also inflicting economic pains on ourselves. Marketers, and indeed everyone in the state, can and should receive the old and new naira notes since commercial banks are now receiving the two. Citizens are to note that rejection of the legal tender, such as the old naira note, is a serious crime under our law” the statement explained further.

The governor, however, implored the banks to kindly extend every support within their powers to the people of the state to ease all their transactions as things return to normal.

Source

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Sarafadeen Kayode Akorede     Air Peace     IHS     07039448763     Government High School Adeta     Post-utme     Mahmud Ajeigbe     Lukman Oyebanji Fagbemi     Aminat Omodara     Kwara State Internal Revenue Service     Olatunji Ibrahim     Budo-Egba     Kabir Shagaya     Sulyman Buhari     Rafiu Olasile     Okedare     Kola Ologbondiyan     Freshvine Nigeria Limited     Ganiyu Abolarin     Mustapha AbdulGaniyu     Isiaka Alikinla     Kwara Consultative Forum     Alumni Association Of The Federal Polytechnic Offa     Olaitan Adefila     Olabanji Orilonishe     Shao     Mohammed Saidu     Funmilayo Mohammed     Muyiwa Oladipo Kanu     Suleiman Mora Omar     Pakata Patriots     Ibrahim Abiodun     Borgu     Valsolar-Kwara Company Limited     Kwasu     Sheu Ndanusa Usman     ER-KANG Mining     Micheal Imodu-Ganmo Road     Kwara TV     Abdulmumini Sanni Jawondo     Yusuf Ali     Kwara State Infrastructure Development Fund     Alaro     CT Ayeni     Jani Ibrahim     Laduba     Shade Omoniyi     Soffiyyallah Kamaldeen     Olokoba Sulyman     Amosa     Ilorin Likeminds Foundation     Oke-Oyi     Omu Aran     Simon Sayomi     Ahmad Ali     Oke-Ode     Gbemisola Oguntimehin     Chief Imam Of Offa     Ibrahim Jawondo     Afolabi-Oshatimehin Adenike Harriet     Ibrahim Abduquadri Abikan     Oba David Oyerinola Adedunmoye     Aliyu Umar     Suraj Tunji Oyewale     Senate President     Bahago     Esinniobiwa Quareeb     Ben Duntoye     Omotoso     Ijagbo     Orire     Saka Asiat Ayinke     Saduki Lafiagi     Oyelere Oyinloye     Summit University     Michael Nzwekwe     Salami Adekunle    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Summit University     Shao     Aliyu Olatunji Ajanaku     Ayegbeni     Abdulkarim Adisa     Hydro-electric Power Producing Areas Development Commission     Economic And Financial Crimes Commission     Isiaka Gold     Vasolar Consortium     Kolawole Bashirat     Ezekiel Yissa Benjamin     Grillo     Sam Okaula     Shola Odetundun     Kwara     Olofa Of Offa     Old Oyo     Wahab Isa     Young Progressives Party     Kola Ologbondiyan     Bolaji Nagode     Cornelius Adebayo     Shehu Adaramaja     IYA ALFA NLA     Kubra Kazum     Razaq Atunwa     Esuwoye     Seun Bolaji     Abdullateef Abdussalam     Orire     Mashood Abdulrafiu Agboola     High Court     Ahmad Olanrewaju Belgore     Ahman Pategi University     Plat Technologies     Kola Shittu     Clement Yomi Adeboye     Tope Daramola     Tescom.kwarastate.gov.ng     Kwara Teaching Service Commission     Abdulsalam A. Yusuf     Abubakar Abdulraheem     Salihu Ajibola Ajia     Offa Metropolitan Club     Saliu Tunde Bello     Makama Of Kaiama     Afusat Nike Ibrahim     Sa\'adatu Modibbo-Kawu     Charles Ibitoye     Raliat Elelu-Habeeb     NITDA     Rafiu Olasile     Shehu Salau     Kishira     Sa\'adu Salahu     Nigeria Foundation For Artificial Intelligence     Kehinde Boyede     Omotoso     Bamidele Adegoke Oladimeji     Kwara State Health Insurance Agency     Tunde Akanbi     Bolakale Saka     Kazeem Gbolagade     Dan-Kazeem     Sulu Gambari     Haashim Initiative For Community Advancement     Baba-Isale     Vishvas KOZ Tractors     Senate President     Oluronke Adeyemi     Oya State     Tayo Alao     Harafat E. Mukadam     Ministry Of Women Affairs And Social Development     Arca Santa     Ndama Al-hassan     Odolaye Aremu