Kogi Govt. Storms Street, marketplaces, and fuel stations to create awareness of the need for people to accept old naira notes till December 2023
March 13, 202

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Top principal Officials of the Kogi State Government and stakeholders in the financial sector in the state have come out to the streets of Lokoja to create awareness among the people on the need to accept the old naira notes in line with the ruling of the Supreme Court.

Speaking at the large crowd of Okada riders and market women under the newly constructed Ganaja Flyover in Lokoja, the State Commissioner for Information and Communications, Mr. Kingsley Fanwo congratulated Nigerians over the Supreme Court judgment, saying the people can now use both the old and new naira notes together till December 31, 2023.

“We have met with the banks and they have agreed that they will accept old naira notes as deposits. So we urge all Okada riders, Keke riders, and market men and women to accept the old naira notes.

“The State Government is grateful to the banks for their cooperation and commitment to the ruling of the Supreme Court of Nigeria. It is criminal to reject old naira notes after the judgment”, he said.

While he said the State Government will monitor compliance strictly.

Earlier, the State Security Adviser, Commander Jerry Omodara (rtd) elaborated on the need for Kogites to cooperate with the State Government in her bid to ease the current financial strains occasioned by the current cash policy. He said his office will work with security agencies to ensure compliance.

In his remarks, Mukadam Asiwaju Idris Asiru said the banks are already accepting old notes as deposits, urging the people to take advantage of the cooperation of the banks. He also said he has already gotten the commitment of the banks to load their ATM with old and new naira notes to ease the cash scarcity in the state.

The representatives of the major banks in Lokoja also assured the people of the readiness of the banks to accept old naira notes as deposits. They said the directive took effect on Monday morning, urging customers to freely accept old naira notes.

They also visited all transport unions, fuel stations, and major markets in Lokoja. They assured the people of sustained sensitization on radio and other media of communication.

The market women expressed joy and exploded into jubilation at the news of the old naira note acceptance. A trader who introduced herself as Ajara at the Kogi International Market said Kogites are proud of what their Governor has done on the “naira note crunch”.

“You see this naira note crunch, it almost killed us with hunger. We appreciate our Governor for standing up to fight for the masses of Nigeria. We will always love him”, she said

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