Beggars join Kwara traders to reject old naira notes
Barely a few days before the deadline of January 31 set by the Central Bank of Nigeria for the deposit of old notes of the newly-redesigned naira denominations, traders across markets in Kwara State are rejecting old N200, N500 and N1,000.
According to findings by DAILY POST, some traders in Ilorin, the state capital, are refusing the old currencies as a medium of exchange due to the difficulty in depositing them in their various banks as directed by the Central Bank of Nigeria, CBN.
A fish merchant, Alhaja Dupe who spoke with DAILY POST said dealers from whom they buy their stocks in Yawiri, Tsaragi, Share and Gbugbu markets of Kwara State have started rejecting the old currencies.
The development, according to her, now left traders at a crossroads as most who travel from Ilorin to purchase their stock in faraway markets return empty-handed due to the rejection of their money which was in the old currencies.
She further complained that butchers and sellers of beef are not exempted from the current development.
This was confirmed by Moshood Ita-Adu, Chairman of Butchers Association at Akerebiata Abbatoir, along Sobi Road, who avowed that the development started a few days ago.
He said Fulani cattle dealers bluntly refused to accept old currencies, insisting on new notes.
Consequently, beef has become scarce and expensive in the state.
A meat seller, Iya Ayisat, also complained bitterly that the rejection of old naira notes by cattle dealers has caused a disruption to daily business.
Further findings by DAILY POST indicated that even street beggars in Ilorin have also started to reject offerings in old currency notes.
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Bola Tinubu Kola Adesina Femi Agbaje Kwara State Geographic Information Service Funmilayo Braithwaite Saudat Abdulbaqi Halidu Danbaba V.O. Abioye Opaleke Bukola Iyabo Gbugbu International Market Ilorin East Toyin Olayinka Tejidini Kehinde Boyede Mary Arinde Alfa Modibbo Belgore Kunle Okeowo Akom Construction And Engineering Synergy Ltd Ibrahim Oniye Kwara 2015 Awwal Jawondo Olatunji Moronfoye Dan Iya Emir Of Lafiagi Babaloja-General Zara Umar Simeon Ajibola Bayo Onimago Abdulrazaq Sanni Adesina Simon Sodiya S.O. Opowoye IYA YUSUF Awili Pedro Ashiru Eghe Igbinehin Abdulwasiu Bolaji Adeyi Nigerian Supreme Council For Islamic Affairs Saadu Alanamu Oloyede Grillo Agboola Babatunde Abdulrazaq Aiyelabegan A.G.F Abdulrasaq Olugbense Adam Abdullahi Al-Ilory KSIRS Patience Jonathan Ahmad Uthman Ilorin Emirate Taofik Mustapha Olabode Towoju Oladipo Akanmu Tolani Yusuf Abdulkadir Abubakar Olusola Saraki Razaq Atunwa Kabir Shagaya Nigeria Customs Service GGDSS Pakata Sulyman Tejidini Adamu Ibrahim Sabi Ibrahim Abdulkadir Abikan Lithium Deposit Special Agro-Industrial Hub Alloy Chukwuemeka A.O. Belgore PPS Osi Abdulkadri Ahmad Alaiye Matthew Okedare Ganmo Electricity Sub-Station Joana Nnazua Kolo Tunji Folami Nnazua Isapa Chartered Institute Of Personnel Management Of Nigeria Anilelerin Umaru Saro Ilesha-Baruba

