Are you one of those commercial banks operating within Ogun and Lagos states borders and refusing to transact business with the old Naira notes? You are in for a run.
Also, if you live within these axis and you are rejecting the old Naira notes as a legal tender, then be prepared for what is coming to you.
These are the positions of the governors of the two states.
The Ogun State Governor, Prince Dapo Abiodun, and the Lagos State have governor Babajide Sanwo-Olu, have threatened to shut down commercial banks refusing the old naira notes.
They warn that individuals who reject the money will also dance to the same music.
You will be arrested prosecutor.
Still Legal Tender
The governors made this clear after the Supreme Court adjourned the case on the ban of the old naira notes to February 22 for consolidated hearing.
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Lagos State Commissioner, Information and Strategy, Gbenga Omotoso, in a statement released from the office of the governor, said since the Supreme Court judgment was yet to rule on the matter, the old N200, N500, and N1,000 still remain legal tender.
The statement read: “The Lagos State Government wishes to put on record the patience and calmness of Lagosians following the controversy generated by the Naira shortage crisis.
“The State Government has joined the dispute at the Supreme Court, which today adjourned the hearing of the matter till February 22.
“When the matter first came up on February 8, the apex court said the old notes remained legal tender.
Various state governments had, through their attorneys general, applied to be joined in the suit challenging the Naira Redesign policy of the Federal Government.
