The Lagos state governor, Babajide Sanwo-Olu has warned residents of the state against rejecting to old Naira notes. In a statement released on his social media page this evening, Governor Sanwo-Olu warned that anyone resisting the old Naira notes will be prosecuted- His statement reads
Dear Lagosians,
When the matter first came up on February 8, the apex court said the old notes remained legal tender.
That position has not changed. Therefore we hereby warns those rejecting the old notes to desist from doing so or face prosecution. It is against the law to reject the old notes, as doing so is contrary to the position of the Supreme Court.
I therefore plead with everyone to remain law-abiding, and shun mischief makers who may want to exploit this temporary situation to promote their anti-people agenda. I am confident that the Judiciary will resolve all the issues around the currency shortage crisis.
To cushion the effect of the Central Bank of Nigeria (CBN) directive on the old notes, especially on the vulnerable among us, Lagos State has started the distribution of the food packs as I earlier promised, while the 50% fares slash on all State transportation services facilities continues.
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