Business

Enugu hospital, traders, transporters reject old N500, N1,000 notes

Some business owners in Enugu have continued to reject the old naira notes for transactions in spite of the Supreme Court judgement validating them.

Many business owners, who spoke to NAN on Thursday in Enugu, said they were yet to receive directives from the appropriate authority to start collecting the old N500 and N1,000 notes again.

They said that it would be difficult to spend the old notes because many residents were rejecting the old notes as well.

A tricycle rider, Mr. Uche Ossai, said he had not started collecting the old notes because he would find it difficult to spend them as many fuel stations were still rejecting them too.

A food vendor, who spoke on condition of anonymity, said she would not collect the old notes because nobody was ready to collect them from her.

“The transporters have refused to collect the old notes of N500 and N1,000. So you do not expect me to collect it from others because it may end up being a waste to me,” she said.

How BRT bus driver caused train accident in Lagos – NEMA, LASEMA, NRC

Mr. Jude Okoye, a provision shop owner at Mayor Market, said that he preferred his customers to pay him electronically than to receive the old naira notes from them.

A salon owner, Mrs Jacinta Nweke, said that the staff of the University of Nigeria Teaching Hospital (UNTH) refused to collect the old naira notes from her when she wanted to pay her hospital bills.

“When I went to UNTH to pay for my hospital bill after seeing the doctor they refused to collect the old notes from me, telling me they have not received directive from the appropriate authority,” he said.

A resident of Achara layout, Miss Gloria Okoroafor, said that the tricycle rider, who brought her home, also refused to collect the old notes from her recently.

She added that the tricycle rider said that it was only the Central Bank of Nigeria (CBN) that could collect it as he had not heard from the CBN telling people to start receiving it.

The Star

Editor

Recent Posts

Obi, others protest at National Assembly over e-transmission of election results

The presidential candidate of the Labour Party (LP) in the 2023 election, Peter Obi, on…

38 minutes ago

Sweden opens portal for foreign professionals’ scholarship

The Swedish government has opened applications for the 2026 edition of the SI Scholarship for…

2 hours ago

FG focuses on strengthening gas-to-power linkage to boost electricity supply

The Federal Government has reaffirmed its commitment to enhancing Nigeria’s gas-to-power value chain as a…

2 hours ago

Customs intercepts 144 smuggling attempts, seizes N3.3bn worth of contraband in South-West

The Federal Operations Unit (FOU), Zone ‘A’ of the Nigeria Customs Service (NCS), Ikeja, has…

3 hours ago

BoI secures CBN approval to launch non-interest banking operations

The Bank of Industry (BoI) has received approval from the Central Bank of Nigeria (CBN)…

3 hours ago

UK PM’s chief of staff resigns over Mandelson links to Epstein

Embattled British Prime Minister Keir Starmer's chief of staff, Morgan McSweeney, has resigned over the…

3 hours ago

This website uses cookies.