Naira redesign: Zamfara orders arrest of anyone rejecting old notes - News Summed Up

Naira redesign: Zamfara orders arrest of anyone rejecting old notes


Attahiru Ahmed – GusauZamfara State Governor Bello Matawalle has ordered the arrest of anyone who refuses to accept the old currency notes of ₦200, ₦5000 and ₦1,000 in the State. He explained that his counterparts in Kogi and Kaduna states are seeking the supreme court to order the extension and validity of the old naira notes. “As you are all aware, the economy of the country as a whole has been plunged into a serious crisis by the decision of the Central Bank to cease recognition of the old naira notes as legal tender from February 10th. He further commended the Supreme Court for doing the needful, which he said will alleviate the suffering of the masses. “Alhamdullilah, old naira notes will remain legal tender, and the people can continue with their legitimate businesses and earn their livelihoods without fear or concern,” Matawalle joyously expressed.


Source: Nigerian Tribune February 12, 2023 01:59 UTC



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