The Kogi State Government under the administration of Yahaya Bello has ordered the arrest and prosecution of individuals and businesses rejecting the old naira notes.
This was contained in a statement made by the state’s Commissioner for Information, Kingsley Fanwo on Friday, March 10, 2023.
This comes days after the Supreme Court ruled that both the old and new naira notes remain legal tenders until December 31, 2023.
Fanwo while reminding Nigerians of the “historic ruling of the Supreme Court”,
explained that the Yahaya Bello administration joined other states to pursue the case to ease the hardship occasioned by the shortage of cash.
He said it was unacceptable that some persons and businesses continued to reject the old notes, even after the court validated their use.
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