Osun State Governor, Ademola Adeleke of Osun, has told commercial banks to stop issuing old naira notes to customers.Information Guide Nigeria

According to GUARDIAN, this is contained in a statement by his spokesperson, Malam Olawale Rasheed, on Monday in Osogbo.

The governor said that he had received many complaints from bank customers, who accused the banks of refusing deposits of old notes as well as the attendant negative consequences on the populace.NYSC Portal

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He said: “I have received several calls from Bank customers across the state. The deliberate refusal of banks to collect old notes is creating serious economic complications for residents of the state.

“For the banks to issue old notes and refuse to accept old notes as deposit is highly unacceptable.

The governor, however, called on the Central Bank of Nigeria to direct the banks operating in the state to correct the anomalies.

“The state director of the CBN is specifically requested to direct the banks to halt this unhealthy practice.

“If banks will not accept old notes as deposits, they must stop issuing old notes for withdrawal. The current pain being inflicted on our people must stop.”JAMB Result

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