Edo Gov. Obaseki Begs Residents To Accept Old N500 And N1000 Notes

Date: 09-03-2023 9:52 pm (2 years ago) | Author: Olusanya Akinrinola
- at 9-03-2023 09:52 PM (2 years ago)
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The Edo State Governor, Godwin Obaseki, has appealed to residents of the state to accept the old notes.
His appeal comes after the Supreme Court ruled that the old N500 and N1000 notes remain legal tender till December 31, 2023.
The Edo State Government is one of the co-defendants with the federal government against Kaduna and some other state governments that urged the Supereme Court to nullify the February 10 deadline for old naira notes set by the Central Bank of Nigeria (CBN).
However, Obaseki in a statement on Thursday, March 9, by the Commissioner for Communication and Orientation, Chris Nehikhare, said the old notes should be accepted alongside the new ones to facilitate trade and boost economic activities.
He said: “With the Supreme Court judgement, the controversy over the circulation of the notes have been put to rest and the people are urged to accept and trade with the notes.
“We are also exploring other means of transaction such as electronic transfers, among others, as all issues of cash available are addressed by the relevant government agencies.”


Posted: at 9-03-2023 09:52 PM (2 years ago) | Addicted Hero
- gogoman at 9-03-2023 11:30 PM (2 years ago)
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 Roll Eyes Roll Eyes Roll Eyes
Posted: at 9-03-2023 11:30 PM (2 years ago) | Grande Master
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- Allsense at 10-03-2023 04:39 AM (2 years ago)
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Be like say state revenue don dey low, obaseki don dey beg Grin Grin
Posted: at 10-03-2023 04:39 AM (2 years ago) | Gistmaniac
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- Olandetujaa at 10-03-2023 06:14 AM (2 years ago)
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Filling stations should be his main target, the moment filling station start accepting,  everybody will accept
Posted: at 10-03-2023 06:14 AM (2 years ago) | Gistmaniac
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