Accept old naira notes, Oyebanji urges Ekiti residents 

The governor of Ekiti State, Biodun Oyebanji has urged residents to continue to accept the old and new naira notes as means of transactions in line with the Supreme Court judgment.

Wakadaily reported that the apex court had ordered that old N200, N500, and N1,000 notes shall continue to be used alongside with the new naira notes till December 31, 2023.

However, markers in different state refused to accept the old naira notes as means of transaction, waiting for president Muhammadu Buhari to address the issues.

Meanwhile, the governor appealed to all businesses operating in Ekiti State to remain law abiding and accept the old naira notes.

He also urged banks “to make the naira notes available in all their branches and pay points and to all traders, business owners, service providers, okada riders, drivers, filling stations, gas plants, supermarkets, schools, hospitals, POS operators, to start accepting the old notes forthwith.

“To do otherwise would amount to defying the ruling of the highest court in the country and thwarting government efforts at reducing the hardship of the people.”

This was contained in a statement by the governors Special Adviser on Media, Yinka Oyebode, titled, “Oyebanji urges Ekiti residents to accept old naira notes’, said it was unlawful for any business owner or service provider to reject the old notes, adding that the “government will not hesitate to arrest and prosecute business owners found rejecting the old naira notes”.

Oyebanji said, “This is an appeal to all residents of Ekiti State to abide by the ruling of the Supreme Court which provides a reprieve for the people by extending the validity date of the old naira notes till December 31.

“The state government had joined other states to seek the intervention of the Supreme Court in reversing the new naira policy which the states averred had inflicted excruciating pain and hardship on the people in addition to crippling economic activities.”

Chinyere Treasure Mbadiwe
Chinyere Treasure Mbadiwehttp://wakadaily.com
Chinyere Treasure Mbadiwe is the Co-founder and CEO of Wakadaily News. With a B.Sc. in Business Administration from the National Open University of Nigeria (NOUN), she brings a wealth of leadership and strategic expertise to the platform. Chinyere is passionate about delivering high-quality, engaging news that informs and empowers audiences. Her vision for Wakadaily is to create a space where reliable, diverse, and impactful content connects people and fosters informed conversations.

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