Lagos State Governor, Babajide Sanwo-Olu has warned those rejecting old naira notes to desist or face prosecution.
He said the rejection of old N200, N500 and N1,000 notes is contrary to the position of the Supreme Court.
The governor made this known in a statement signed by the Commissioner of Information and Strategy, Gbenga Omotoso on Wednesday.
Sanwo-Olu’s warning comes after the Supreme Court adjourned the case on the naira swap policy of the Central Bank of Nigeria (CBN) till February 22 for hearing of the consolidated suits by 10 states.
The statement read in part, “When the matter first came up on February 8, the apex court said the old notes remained legal tender.
“That position has not changed. The State Government hereby warns those rejecting the old notes to desist from doing so or face prosecution. It is against the law to reject the old notes as doing so is contrary to the position of the Supreme Court.”
Source: CHANNELS
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://www.binance.com/en/register?ref=V2H9AFPY
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Reading The work is like gazing at a masterpiece; every detail contributes to a breathtaking whole.
I’m amazed by The knowledge, almost as much as I’m drawn to the way you present it. Share more, please?
The take on hard to understand topics is like a smooth ride in a luxury car—comfortable, yet exhilarating.
Each post you write is like a key that unlocks a little more of the world’s mystery.
Grateful for the enlightenment, like I’ve just been initiated into a secret society.
Thoughtful analysis that made me think, which is quite the feat these days.
What a compelling read! The arguments were well-presented and convincing.
Thoroughly insightful read, or so I thought until I realized it was The expertise shining through. Thanks for making me feel like a novice again!
best google hacklink services.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.