Business

Kaduna govt orders MDAs to accept old, new naira notes

The Kaduna State Government has directed its Ministries, Departments and Agencies to ensure that their collection agents accept old and new naira notes in the state.

The state government said the directive was in line with the subsisting order of the Supreme Court on the naira notes.

This was contained in a statement issued on Sunday by the Special Adviser to the Governor on Media and Communication, Muyiwa Adekeye.

The statement read: “In line with the subsisting order of the Supreme Court, the Kaduna State Government has directed its Ministries, Departments and Agencies to ensure that their collection agents continue to accept payments made in all denominations of the naira, old and new.

READ ALSO: El-Rufai to Kaduna residents: Relief on the way, you won’t lose your money

“The laws of Kaduna State do not allow personnel of government agencies to be involved in cash collection of revenues.

“The collection agents authorised by state government agencies do offer citizens a route for cash payment, and are expected to comply with the subsisting court order.”

The Star recalls that Kaduna State Governor, Nasir El-Rufai, on Thursday, declared that the old N500 and N1,000 notes remain legal tender in the state.

El-Rufai, in a state broadcast, enjoined the people of Kaduna State to continue spending the old N500 and N1,000 notes, adding the denominations are still legal tender in the state until the Supreme Court pronounces otherwise..

The governor stated that the address by President Muhammadu Buhari on Thursday morning limiting the legal tender status of old notes to only N200 was a total disregard and disobedience of the Supreme Court ruling on February 8, 2023, which was extended further on Wednesday by the apex court.

The Star

Segun Ojo

Recent Posts

‘My aide didn’t handle it properly’: Minister speaks on shunning journalists

Minister of Works David Umahi has denied snubbing journalists who honoured his ministry’s invitation for…

21 mins ago

Edo guber: Adamawa governor heads PDP campaign council

The National Working Committee (NWC) of the Peoples Democratic Party (PDP), on Wednesday, May 29,…

3 hours ago

Google to invest $2bn in Malaysia

Google will invest $2 billion in Malaysia to house the firm's first data centre in…

4 hours ago

Olympiakos beat Fiorentina to win Europa Conference League

Olympiakos became the first Greek club ever to win a European title after a 1-0…

4 hours ago

Banks boost stock market capitalisation with N246bn

The stock market continued its winning streak, with the All-Share Index opening at 98,383.04 and…

4 hours ago

Gunmen kidnap 2 Benue varsity students

Gunmen have abducted two female students of Joseph Sarwuan Tarka University in Makurdi, the Benue…

5 hours ago

This website uses cookies.