Naira Scarcity: Gov. Abiodun To Shut Commercial Banks Rejecting Old Naira Notes

 

Ogun State governor, Prince Dapo Abiodun, has warned that the State government would shut down any Commercial Banks operating in the state that refused to accept old naira notes.

The warning is a sequel to 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 spoke 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 Areas.

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.