Old naira notes: Traders, transporters, fuel stations defy Supreme Court in Kwara
Despite the ruling by the Supreme Court, traders, transporters and fuel stations in Kwara State are still rejecting the old N500 and N1000 notes as legal tender.
While some fuel stations accepted bank transfers, others insisted on direct cash payments for the purchase of fuel.
Complaints by fuel stations range from poor network service to delays in confirming payments by the stations.
Findings by DAILY POST further revealed that only a few commercial banks in Ilorin, the state capital, dispensed either the new naira or old N200 notes to the public.
Sources at the First Bank informed our correspondent that the bank has shut down temporarily following an alleged hacking of its website, hence the inability to attend to customers.
However, customers at the UBA in Ilorin went home with N3,000 cash withdrawals across the counter.
In what appeared to be a positive impact of the cashless policy of the federal government, petty traders have started to imbibe the policy by having bank accounts through which customers could pay when purchases are made.
However, the only problem confronting the traders presently is how to withdraw the cash needed to buy more products.
A meat vendor who spoke to DAILY POST correspondent expressed worry that she has no choice but to collect cash because Fulani cattle dealers don't believe in bank transfer but in cash.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Gani Saadu Balogun Ajikobi Yusuf Amuda Abubakar Harmony Holdings Igosun Okeose Christian Cementary Oyedepo David Oyedepo Apaola Yusuf Aiyedun Mohammed Alabi Lawal Aisha Ahman Pategi Transition Implementation Committee Amos Justus Sayo Wahab Kunle Shittu Oke-Ero Gbenga Awoyale Kwara State Fish Farmers Association Rafiu Ibrahim Abdulmajeed Wahab Olufolake Abdulrazaq Mansurat Amuda-Kannike Congress For National Consensus GANZY Raji AbdulRasaq General Tunde Idiagbon International Airport Imam Gambari Afin Descendants Union Of Odo-Owa Dele Momodu Baruten Funmilayo Isiaka Oniwa Saliu Alamoyo Amada Jidda ENetSuD Mukhtar Shagaya Yomi Adeboye Kwara State Council Of Chiefs John Mayokun Dada Saduki Lafiagi Suraj Tunji Oyewale Rice Farmers Association Of Nigeria Gbemisola Oguntimehin Omu Aran Saka Aleshinloye Bola Magaji KWAFFA Samuel Adedoyin Kwara State Sports Commission Shonga Aasiyat Bello Oyedepo Abubakar Suleiman Oya State Haleeman Salman Modibbo Kawu Umar Yakubu Jaja Segun Abifarin TVC Female National Debate Abdulfatai Ahmed Abdulhakeem Amao Ojo Fadumila Titus Suberu-Ajibola Babajide Ajayi NaAllah Offa Cassava Growers\' Association AbdulGafar Tosho REO CAKES Abdullahi Dasilva Yussuf Federal Polytechnic Offa Alloy Chukwuemeka Adijat Adebiyi Dorcas Afeniforo Jumoke Gafar Mohammed Lawal Damilola Yusuf Magaji Are Oro Grammar School Old Students Association