BREAKING: CURRENCY SWAP: Ogun Gov To Shut Banks Rejecting Old Naira Notes

BREAKING: CURRENCY SWAP: Ogun Gov To Shut Banks Rejecting Old Naira Notes

 

Save Our Nation SON

February 14, 2023

Ogun State governor, Prince Dapo Abiodun, has warned that the State government would shut down any Commercial Bank operating in the State that refused to accept old Naira notes.

The warning was sequel to complaints received from the people by the state government that commercial banks and some filling stations were rejecting the old Naira notes as legal tender.

The governor spoke on Tuesday while addressing market men and women at Itoku Kampala market in Abeokuta, as part of his reelection campaign to Abeokuta North local government area of the State.

Abiodun, who frowned at the action of the banks, noted that since the new Naira notes were not available, commercial banks must accept the old banknotes to ease the suffering of the people.

He called on the people to remain calm, assuring that his government was working assiduously to ensure that the present situation was brought under control.

Speaking on the epileptic power supply affecting the market, the governor assured that he would reach out to the appropriate authority to improve on the power supply to the market.

Abiodun added that the controversy surrounding the non-issuance of documents to some shop owners at the market would be addressed.

He promised that some of the outstanding issues currently affecting the market would be given a priority during his second term in office.

Abiodun expressed dismay that the transformer given to the market was not functioning effectively and directed that new ones be brought to the market immediately.

The Otun Iyaloja of Itoku, Mrs Simbiat Oyetola, commended the governor for the boreholes provided in the market, urging the governor to assist the traders in resolving the problem of epileptic power supply.