Ogun State Governor Dapo Abiodun has threatened to shut down banks, shops, or supermarkets once more if they continue to refuse the old N500 and N1000 bills as legal tender.
Abiodun vowed to deal decisively with any business or service provider who refuses to accept the old naira notes.
To achieve this, the governor instructed State residents to contact him if they come across any business refusing the old naira notes as legal tender.
Abiodun said: “I am hereby sounding a note of warning to every market, trader, petrol station, banker that is refusing old naira notes; if you’re reported to me, I will deal with you with the fullest extent of the law.
“The Supreme Court of Nigeria is the highest court of the land. The Supreme Court has ruled that the old naira notes remain legal tender. The deadline has been moved to December 31.
“I will lock up your shop if they tell me you don’t accept old notes. Anytime you take the old note to banks and they refuse to accept it, call me. I will lock up the doors of such banks, including supermarkets.
“You transport unions and transporters, don’t reject the old money. If you take it to the bank and it was rejected, I will collect it from you and take it to the bank myself,” Abiodun stated emphatically.
