Kogi Government Threatens To Close Bank That Refuses To Accept Old Naira notes The Kogi state government has threatened to close all ...
Kogi Government Threatens To Close Bank That Refuses To Accept Old Naira notes
The Kogi state government has threatened to close all banks and arrest and prosecute anyone who refuses to accept old naira notes in the state.
This is contained in a statement issued by the state information commissioner, Kingley Femi Fanwo, on Friday, which was also published on the government's Facebook page.
In the statement, the government asked the public to report anyone who refuses to accept the bills to the security forces and government officials to take immediate action against them.
Regarding banks, the government said that it will not accept any financial institution that refuses to comply with the orders of the court, especially the orders of the Supreme Court of Nigeria.
In the announcement of the government, she said, "We will not continue to bring down our economy after the Supreme Court gave us freedom."
The Kogi state government has now set up a strong commitment to ensure compliance with the Supreme Court order.
Kogi, Kaduna and Zamfara states filed a lawsuit before the court against the decision of the Central Bank of the country to stop using the old 200, 500 and 1,000 naira currency notes.
But later some states supported them, and the Supreme Court recently decided to continue using the old currency until December 31.
@JAKADIIYA https://www.jakadiyararewa.com.ng
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