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LATEST: Another governor moves to shutdown commercial banks that reject old naira notes

by Emerald Nigeria
February 14, 2023
in Economy, Inside Delta
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Ogun state governor, Dapo Abiodun, has threatened to shut down any commercial banks operating in the state that refuse to accept old naira notes.

The warning was a sequel to complaints received from the people by the state government that commercial banks and some filling stations are rejecting the old naira notes as legal tender.

The governor spoke on Tuesday while addressing market men and women at Itoku Kampala market in Abeokuta, as part of his re-election campaign to Abeokuta North local government area of the state.

Abiodun, who frowned at the action of the banks, noted that since the new naira notes were not available, commercial banks must accept the old notes to ease the suffering of the people.

He called on the people to remain calm, assuring that his government was working assiduously to ensure that the present situation was brought under control.

Speaking on the epileptic power supply affecting the market, the governor assured that he would reach out to the appropriate authority to improve the power supply to the market.

While expressing dismay that the transformer given to the market was not functioning effectively, he directed that new ones be brought to the market immediately.

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Credit: Vanguard

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