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.
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