We’ll Shut Down Any Bank That Refuses To Accept Old Notes – Dapo Abiodun


Governor Dapo Abiodun has warned all commercial banks in Ogun State against refusing to accept old Naira notes from citizens.

Governor Abiodun Declares Free Education In Ogun State

In a brief statement on his official Twitter page, governor Abiodun warned that any commercial bank that refuses to accept the old notes, stands the chance of being shut down by the state government.

“We will shut down any Commercial bank operating in Ogun state that refuses to accept old naira notes.”

READ ALSO: Gov Abiodun Had No Deal With Him On Any Transaction – Ogun Government Denies Paying Convicted Fraudster Bidemi Rufai $50,000 Per Deal

Governor Dapo Abiodun’s comments come shortly after the Supreme Court of Nigeria adjourned the case on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for hearing of the consolidated suits by 10 states.

The apex court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria, other lawyers and the governors of Kaduna and Kogi states, Nasir El-Rufai and Yahaya Bello, respectively.

The court joined Katsina, Lagos, Cross Rivers, Ogun, Ondo, Ekiti, and Sokoto States as co-plaintiffs in the suit challenging the Naira Redesign policy of the Federal Government.

READ ALSO: No Going Back On February 10 Old Naira Note Deadline – Emefiele Insists

The various state governments had, through their attorneys general, applied to be joined in the suit.

The six states in their respective motions for joinder pitched their tents with the three aggrieved states, Kaduna, Zamfara, and Kogi states that initially ignited the suit.

Similarly, the apex court joined Edo and Bayelsa states in support of the Federal Government on implementation of the naira swap policy.

At the last hearing, the court had temporarily banned the implementation of the February 10 deadline of the CBN from making the old N200, N500 and N1,000 notes legal tender.

Governor Abiodun Declares Free Education In Ogun State
Photos Credit: Getty

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