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.
Hassan Abdulazeez Elewu Kemi Adeosun ER-KANG Mining Nigeria Company Limited Lateef Ademola Olatunji Oyawoye Undergraduate Bursary Azeez Salawu Oba Abdulrahim VADA Oniye Dasuki Belgore Isaac Aderemi Kolawole Aisha Buhari Shehu Jimoh Trader Moni Abdulfatai Salman Baakini Igbomina Amos Justus Sayo Chief Imam Of Ilorin Ramat Oganija Olohungbebe KSIRS Muyideen Ajani Bello Okoolowo Umar Sanda Yusuf Oyedun Juliana Funke Abdullahi Dasilva Yussuf Toyin Falola Kazeem Gbolagade Erubu Revenue Court Muhammad Mustapha Suleiman SSA Youth Tescom.kwarastate.gov.ng TVC Female National Debate Kayode Oyin Zubair Baakini Ahmad Ali ITP Bilikis Oladimeji Taofeeq Olateju Ibrahim Issa Jetti Ariyo Sulyman Buhari 20 Billion Bond Tsaragi/Share Hikmah AbdulKareem Budo Egba Timothy Akangbe Olokoba Muhammed Abdullahi Ethical College Ben Duntoye Bilikisu Gambari Bola Olukoju Alapado Bello Oyebanji Ayinke Saka Metro Park Mustapha AbdulGaniyu Isaac Gbenle General Hospital, Ilorin Yusuf Amuda Aluko Lanre Jimoh Esuwoye Bashir Badawi Olofa Of Offa Kola Ologbondiyan Emir Of Shonga Mahfouz Adedimeji Ahmed Bolaji Nagode IYA YUSUF Muhammad Fawaz Abubakar Yahaya Dumoye Ejidongari Abubakar Lah Omu-aran