Kogi government orders arrest of persons, businesses rejecting old naira notes
Written by Olarotimi Oshin on March 10, 2023
The Kogi State Government has ordered the arrest and prosecution of individuals and businesses rejecting the old naira notes.
A statement by Commissioner for Information, Kingsley Fanwo congratulated Nigerians on the “historic ruling of the Supreme Court”.
The apex court last week ruled that both the old and new naira notes remain legal tenders until December 31, 2023.
Fanwo explained that the Yahaya Bello administration joined other states to pursue the case to ease the hardship occasioned by the unavailability of cash.
He said it was unacceptable that some persons and businesses continue to reject the old notes, even after the court validated their use.