Ogun State Governor, Dapo Abiodun
Ogun State Governor, Dapo Abiodun, has vowed to revoke the Certificate of Occupancy (CofO) of any organisation that rejects old naira notes from customers in the state.
Abiodun said the Supreme Court has declared that the old denominations remain legal tender.
The governor said this via a series of tweets on his verified Twitter account on Friday.
There have been protests in the state and some parts of the country over the rejection of old N500 and N1,000 notes.
READ ALSO: Protesters block Lagos-Abeokuta expressway over rejection of old N500, N1,000 notes
Some aggrieved residents, on Friday, blocked the Lagos-Abeokuta expressway in Ogun State, stressing that filling stations have since been rejecting the old naira notes from customers.
Reacting, Governor Abiodun said: “The Ogun State Government will be revoking the certificate of occupancy, CofO of any corporation or store that rejects old Naira notes from members of the public in the state in exchange for goods and services.
“Commercial outlets are hereby reminded that there is an existing court order by the Supreme Court, the apex court in Nigeria, directing that old notes remain legal tender.”
President Muhammadu Buhari had, on Thursday, said the old N200 should be used with the new notes till April 10, 2023, while the old N500 and N1,000 notes ceased to be legal tender in the country.
A dispatch rider has died in a multiple road accident involving two trucks and a…
Minister of the Federal Capital Territory, Nyesom Wike, has explained why he will not seek…
Former West Bromwich Albion midfielder Quevin Castro has died at the age of 25 after…
Islamic cleric Sheikh Murtala Bello Asada has sparked controversy after a video surfaced showing him…
The African Democratic Congress (ADC) has criticised President Bola Tinubu’s emerging 2027 presidential campaign council,…
The Edo State Government has dismissed reports that Afrobeats singer David Adeleke, popularly known as…
This website uses cookies.