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Rejection of old naira notes: NUJ seeks Akeredolu’s intervention

by The Editor
14th February 2023
in News
0

The Nigerian Union of Journalists, Ondo State Council yesterday called on Government to prevail on the Central Bank of Nigeria and commercial banks in Ondo state to rescind their decision of rejecting the old Naira notes from the members of the public.

Reports across the State yesterday indicated that commercial banks in the state blatantly refused to accept the old notes in defiance to the Supreme Court order  that suspended the deadline for the phasing out of the old currency notes.

In a statement issued by the State Chairman of the Union, Prince Leke Adegbite and the Secretary, Comrade Olaoluwa Meshack, Ondo NUJ recalled that all the commercial banks which did not open for three working days last week, can not refuse to collect old naira notes on Monday when they reopened for business.

However, in flagrant disobedience of the Apex Court ruling, the Commercial banks and by extension traders in Akure and other part of  the State, as well as some filling stations  refused to accept the old notes.

The development has paralyze commercial activities in the state and can lead to further suffering of the people.

The Nigeria Union of Journalists, Ondo State Council, hereby call on Governor Oluwarotimi Akeredolu to urgently intervene and call all the commercial banks to order, as commercial banks and traders in other parts of the country are still collecting the old naira notes in line with the ruling of the Supreme Court to rescue the economy of the state from total collapse.

While lamenting absence of naira swapping centres in Ondo State, NUJ also enjoined the CBN office in Akure. To create outlets across the state where people can swap their old naira for the new notes.

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