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Home » NEWS » Abia State Govt threatens to sanction individuals, businesses rejecting old Naira notes

Abia State Govt threatens to sanction individuals, businesses rejecting old Naira notes

by Jungle Journalist
March 11, 2023
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Government Special Announcement.

Further to the Supreme Court ruling extending the validity of the old 200,500 and 1000 naira notes as legal tender till December 31st 2023, Abia State Government advise Abians and residents in the State to feel free to carry out their financial transactions with the old naira notes alongside with the new notes as stipulated.

Any individual, group, or business entity that rejects the old notes will be contravening the law of the Federal Republic of Nigeria and stand the risk of facing sanctions.
All should be properly guided.

Barr. Chris Ezem
Secretary to Abia State Government.
11/3/2023.

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