Businesses Rejecting Old Naira Notes Will Be Dealt with

Ogun State Governor, Prince Dapo Abiodun, has reiterateted his warnings that the state government will punish banks and businesses rejecting the old naira notes.

Explaining that the state was considering getting security agencies to arrest those rejecting old Naira notes, the governor said the directive became imperative after an on-the-spot assessment of business transactions at some filling stations in Ijebu-Ode.

Chief Press Secretary to the Governor, Kunle Somorin, stated, yesterday, that old N1,000, N500 and N200 notes “are still valid” and anyone who refuses to accept them would be dealt with according to the law.

His said “It has come to the notice of the state government that some people were rejecting the old Naira notes from the citizens, a development that is not healthy, thereby inflicting untold hardship on the people of the state.”

While urging the people not to take laws into their hands, the governor directed those whose old notes are rejected to report to the state through the telephone numbers 09099611266 and 08103341344.