Governor Akeredolu Urges Traders To Accept Old N500, N1000 Notes

Governor Akeredolu has urged traders to accept the old N500 and N1000 notes.

Glamtush reports that Governor Rotimi Akeredolu of Ondo State on Thursday urged traders in his state to accept the old N200, N500 and N1000 notes.

This online platform understands that Akeredolu said this while decrying the rejection of old naira notes by business owners and traders in Ondo.

In a statewide broadcast in Akure, the governor said the rejection of the old naira notes currency was a flagrant disobedience of the law.

“It is therefore of great concern to me today, that a large section of our people in the state, particularly traders in our markets, taxi and bus drivers, barbers, auto mechanics and artisans are rejecting the old naira notes thereby inflicting and sustaining a needless pain on their fellow citizens and customers.

Akeredolu noted that the Supreme Court has ruled that the old naira notes must continue as legal tender.

The Supreme Court had recently extended the validity of the old Naira notes till 31 December.

The apex court disclosed that the Central Bank of Nigeria, CBN, must continue to receive the old naira notes from Nigerians.