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We’ll shut down Banks refusing to accept old naira notes – Dapo Abiodun

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Governor Dapo Abiodun has warned all commercial banks in Ogun State against refusing to accept old Naira notes from citizens. 

In a brief statement on his official Twitter page, the governor warned that any commercial bank that refuses to accept the old notes, stands the chance of being shut down by the state government.

Governor Abiodun’s comments come shortly after the Supreme Court of Nigeria adjourned the case on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for hearing of the consolidated suits by 10 states.

The apex court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria, other lawyers and the governors of Kaduna and Kogi states, Nasir El-Rufai and Yahaya Bello, respectively.

The court joined Katsina, Lagos, Cross Rivers, Ogun, Ondo, Ekiti, and Sokoto States as co-plaintiffs in the suit challenging the Naira Redesign policy of the Federal Government.

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