Fresh Crisis Looms As Nigerian Governor Shut Commercial Banks Rejecting Old Naira Notes –

Fresh Crisis Looms As Nigerian Governor Shut Commercial Banks Rejecting Old Naira Notes

Fresh Crisis Looms As Nigerian Governor Shut Commercial Banks Rejecting Old Naira Notes

The Ogun State Government on Tuesday vowed to shut down any commercial bank operating in the state who failed to accept the old Naira notes.

He stated this while addressing market men and women at Itoku Kampala and Adire markets in continuation of his re-election campaign tour to Abeokuta North Local Government Area of the state.

The warning given by the state governor, Dapo Abiodun, 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.

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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.

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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.

Speaking on the epileptic power supply affecting the market, the governor assured that he would reach out to the appropriate authority to improve the power supply to the market.

Abiodun added that the controversy surrounding the non-issuance of documents to some shop owners at the market would be addressed.

He promised that some of the outstanding issues currently affecting the market would be given priority during his second term in office.

The governor appreciated the traders for their support so far, imploring them to vote for all the candidates of the All Progressives Congress (APC) in the February 25 and March 11 election.

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The governor promised that 200 market men and women would benefit from the government’s loan arrangement, saying that the Oko Owo Dapo scheme would be extended to them.

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Abiodun expressed dismay that the transformer given to the market was not functioning effectively and directed that new ones be brought to the market immediately.

Addressing the people at the Mokola-Elega Under Bridge, Abiodun stated that his administration would complete the road during his second term, calling for their maximum support in the elections.

The Otun Iyaloja of Itoku, Mrs Simbiat Oyetola, commended the governor for the boreholes provided in the market, urging the governor to assist the traders in resolving the problem of epileptic power supply.


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