Naira Notes: Ganduje threatens business owners

Ganduje threatens business owners rejecting old naira notes in Kano

News Agency Of Nigeria

February 14, 2023 9:30 PM

Ganduje wants people in Kano to report anyone who refuses to accept the old naira notes.

Abdullahi Ganduje [Twitter/@raufaregbesola]

The Kano State Government has warned that it will not hesitate to revoke the operational licences of major business owners who refuse to accept the old naira notes as a means of transaction in the state.

Governor Abdullahi Ganduje gave the warning in a statement issued by the commissioner for information and internal affairs, Malam Muhammad Garba, in Kano on Tuesday.

The governor said that the old naira notes were still legal tenders.

He explained that the Supreme Court was emphatic on its interim injunction on the issue of old naira notes which would continue to be used as legal tender hand in hand with the new ones until the gradual and final phase-out.

Ganduje said that the state government observed business owners such as supermarkets, malls, banks, restaurants, hotels, traders in markets, filling stations, motor parks, among others, were in the habit of rejecting the old naira notes in business transactions.

The governor said that this non-acceptance by selfish individuals is further worsening the already tense situation exacerbated by the non-availability of the new naira notes.

He said the people have suffered enough untold hardship and therefore, the state government would not fold its arms and allow a few selfish elements in our midst to worsen the situation.

Ganduje called on the people of the state to continue with their lawful businesses and report anyone who refuses to accept the old naira notes to the appropriate security outfit for prompt action.

News Agency Of Nigeria