The Governor of Ogun State, Dapo Abiodun, has joined his colleagues such as Abdullahi Ganduje and Nasir el-Rufai who are enforcing the continued validity ofold N500 and N11,000 notes.
He has said the state would revoke the Certificate of Occupancy of companies or stores in the state found rejecting the old naira notes.
In a tweet on Friday, he noted: “The Ogun State Government will be revoking the Certificate of Occupancy, of any corporation or store that rejects old naira notes from members of the public in the State in exchange for goods and services.
“Commercial outlets are hereby reminded that there is an existing court order by the Supreme Court, the apex court in Nigeria, directing that old notes remain legal tender.”
On Wednesday, the governor also warned that the state government will shut any bank that refuses to accept old naira notes in the state.
This comes after the President, Major General Muhammadu Buhari (retd.) in a televised broadcast to Nigerians on Thursday, said that the old N500 and N1,000 notes are no longer legal tender in the country, urging Nigerians to deposit their old notes with the Central Bank of Nigeria and other provided outlets by the apex bank.
The president however, said that the old N200 note will remain legal tender for the next 60 days, till April 10, 2023.
