Naira Notes: South West governor threatens to shut banks rejecting old naira notes

The government of Ogun State has threatened to shut down any Commercial Banks operating in the state that refused to accept old naira notes.

Governor, Dapo Abiodun urged financial institutions in the state to work with the supreme court order extending the use of the old naira notes.

This is coming after series of complaints received from the people by the state government that commercial banks and some filling stations are rejecting the old naira notes as legal tender.

The governor gave the warning on Tuesday, while addressing market men and women at Itoku Kampala market in Abeokuta, as part of his reelection campaign to Abeokuta North Local Government Area of the State.

Abiodun, who frowned at the action of the banks, noted that since the new naira notes were not available, commercial banks must accept the old notes to ease the suffering of the people.

He called on the people to remain calm, assuring that his government was working assiduously to ensure that the present situation was brought under control.