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Gov. Abiodun Threatens To Shut Any Bank That Refuses To Accept Old Naira Notes

by Present Nigeria
February 15, 2023
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Ogun State Governor, Dapo Abiodun has warned all commercial banks in the State against refusing to accept old Naira notes from citizens. 

The Governor gave the warning in a brief statement on his official Twitter page.

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According to the Governor any commercial bank that refuses to accept the old notes, stands the chance of being shut down by the state government.

“We will shut down any Commercial bank operating in Ogun state that refuses to accept old naira notes.”

Governor Abiodun’s comments come shortly after the Supreme Court of Nigeria adjourned the case on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for hearing of the consolidated suits by 10 states.

The apex court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria, other lawyers and the governors of Kaduna and Kogi states, Nasir El-Rufai and Yahaya Bello, respectively.

The court joined Katsina, Lagos, Cross Rivers, Ogun, Ondo, Ekiti, and Sokoto States as co-plaintiffs in the suit challenging the Naira Redesign policy of the Federal Government.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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