By Babalola Seyi
Ondo State Governor Rotimi Akeredolu asked traders in his state on Thursday to accept the old N200, N500, and N1,000 notes.
Akeredolu stated this while condemning the rejection of old naira notes by Ondo business owners and dealers.
The governor stated in a nationwide broadcast in Akure that the rejection of the old naira notes money was a gross violation of the law.
“It’s imperative that I address you today because of the need to halt a self-induced pain currently being experienced by us all in the state.
“This is unfortunate and unexpected. It’s a flagrant disobedience to the law and the Central Bank directives.
“I, therefore, wish to inform you that the rejection of the old N1000, N500 and N200 notes by us will do us no good.
“Let us not create needless tension over the matter. Please collect, spend and exchange the old notes without any hindrance,” he said.
Akeredolu noted that the Supreme Court has ruled that the old naira notes must continue as legal tender.
