Oyebanji appeals to Ekiti residents to accept old notes
Finance News

Oyebanji appeals to Ekiti residents to accept old notes

The Governor of Ekiti State, Biodun Oyebanji has urged the residents to continue to accept the old and new notes.Information Guide Nigeria

This is in line with the ruling of the Supreme Court which extended the validity of the old naira notes till December 23, 2023.

Recall that in March, the apex court extended the validity date for the old naira notes in a case instituted by some States against the Federal Government with Ekiti State one of them.

According to THE NATION, Oyebanji, in a statement by his Special Adviser on Media, Yinka Oyebode, on Saturday, urged Ekiti people to accept the old notes till the December deadline.

He advised them to stay clear of actions that could create hardship for one another.

The Governor also urged the commercial banks and CBN to make the old and new currencies available in their branches and at their automated teller machines (ATM) points.

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As reported by THE NATION, the statement reads: “This is an appeal to all residents of Ekiti State to abide by the ruling of the Supreme Court which provides a reprieve for the people by extending the validity date of the old naira notes till December 31st.NYSC Portal

“The State Government had joined other states to seek the intervention of  the Supreme Court in reversing the new naira policy which the states averred had inflicted excruciating pain and hardship on the people in addition to crippling economic activities.

“As honourable people, what is expected of us is to abide by the ruling of the apex court and continue to accept the old naira notes as means of transactions and not to inflict further hardship on one another by rejecting it.

“This is a special appeal to all the banks to make the naira notes available in all their branches and pay points and to all traders, business owners, service providers, okada riders, drivers, filling stations, gas plants, supermarkets, schools, hospitals, POS operators, to start accepting the old notes forthwith. To do otherwise would amount to defying the ruling of the highest court in the country and thwarting government efforts at reducing the hardship of the people.

“Our Government will continue to explore avenues to make life more meaningful for our people, as we continue to build a more prosperous state.

“In same vein, Government will not hesitate to arrest and prosecute business owners found rejecting the old naira notes.”JAMB Result

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Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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