Kwara Governor Pleads With Residents On Use Of Old Naira Notes
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Muhammed Danjuma Aishat Mohammed Lawal Babata Ibrahim Abdullahi Ilorin West/Asa Federal Constituency Yinka Aluko Imodoye Writer’s Enclave Kayode Ogunlowo Mamatu Abdullahi Abdulrahman Abdulrazaq Ilorin Curfew Raji Ayodele Kamaldeen Kolawole Akande Musa Yeketi Toyin Olayinka Tejidini Kwara South Abdulganiyu Salahudeen Muftau Akanbi Oke T And K FOODS Abdulsalam A. Yusuf Crystal Corner Shops Bello Oyedepo NYSC Abubakar Bature Sulu-Gambari Hassan Saliu Oro Grammar School Ishaq Salman Olaiya Zuberu Segun Ogunsola Yakubu Mohammed Abdullahi 08001000100 ASUU Police Commissioner Abraham Ojo JUSUN Oko Daud Adeshola Balogun Ajikobi Ajidagba Olajumoke Monsura Gafar HAMFAT Clinic And Maternity Abdulrazaq Magaji Sheriff Shagaya Government High School Adeta Y.A. Abdulkareem Trader Moni Baba-Isale Akorede Abdulhakeem Adelaja Amao Benin Republic Bilikis Oladimeji Sa\'ad Alanamu TESCOM Emir Of Kano Olomu Of Omu-Aran Amada Jidda Ijagbo Tunji Moronfoye Garment Factory Gobirawa Okedare NULGE Naira Redesign Kwara Post-utme Baba Issa Yakub Ali-Agan Bukola Ajikobi Abegunde Goke Dan-Kazeem Rueben Parejo Jumoke Monsura Gafar John Olajide Adedipe Kwara Consultative Forum Economic And Financial Crimes Commission Jamila Bio Ibrahim Musa Ayinla Yeketi

