Continuous use of the old naira notes of N200, N500 and N1,000 till December 31, 2023 have been approved by the Abia State government. The directive did
Continuous use of the old naira notes of N200, N500 and N1,000 till December 31, 2023 have been approved by the Abia State government.
Abia State government in the statement said residents of the state were free to carry out their transactions using the old notes side-by-side with the new notes as stipulated by the Supreme Court ruling till December 31,2023. ”Any individual, group, or business entity that rejects the old notes will be contravening the law of the Federal Republic of Nigeria and stand the risk of facing sanctions.”But when DAILY POST correspondent went round Umuahia, the state capital by 5:30pm to 7:30pm on Saturday armed with some old notes, it was rejected by everyone he tried to transact with, especially, tricycle operators popularly known as Keke NAPEP and food stuff sellers.
The pump attendant said she can only comply with the directive if asked to do so by the owner of the petroleum facility.
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