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.
Aminu Ado Bayero All Confederation Of Principals Of Secondary Schools National Party Of Nigeria Salman Suleiman Ahmad Lawan Bukola Saraki Bank Of Industry Mohammed Ghali Alaaya Sodiya Ayobami Seriki TVC Female National Debate Gbadeyan Gbadura Yomi Clara Nwachukwu Timothy Akangbe Kwara University Of Education National Pilot Adeniyi Ojo Lateef Alagbonsi Talaka Parapo Kemi Adeosun Lawyers Unite Against Corruption Waziri Yakubu Gobir Sunday Otokiti Cornelius Adebayo Government High School (GHS), Adeta March 28 JMK Construction Company Limited Academic Staff Union Of Universities Abubakar Kawu Baraje Abdulrahman Abdulrasak Sa\'adu Salau Saidu Kawu Ibikunle Ogunleye Demola Banu International Aviation College Muslim Cementary Raimi Iyanda Muslimah Entrepreneurship Forum Jeunkunu-Malete-Bani Kayode Yusuf Kwara Primary Health Care Development Agency Tayo Alao Sidikat Alaya David Oyerinola Adedunmoye Special Agro-industrial Processing Zone Shuaib Boni Aliyu Senate Gwanara Hassan A. Saliu Sheikh Hamzat Yusuf Ariyibi Salihu S. Yaru JAAC Hijaab Abubakar Imam Segun Adeniyi Bolakale Saka Funmi Salau Shao Tanke Flyover Bridge Kwara Muslim Pilgrims Welfare Board Mustapha Olanipekun Abdulsalam A. Yusuf Nupe Basit Olatunji Shuaib Abdulkadir Saidu Isa Kwara 2019 Chemiroy Nigeria Limited Kupchi Hosea Maxwell KSIRS Afolabi-Oshatimehin Adenike Harriet University Road Hassan Saliu Olusegun Adeniyi Oba Sulaiman Asude Sobi Hill Benin Republic