LATEST: Governor El-Rufai Insists On Use of Old Naira In Kaduna

LATEST: Governor El-Rufai Insists On Use of Old Naira In Kaduna

by Victor Ndubuisi
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Nasir El-Rufai, the Governor of Kaduna State, has insisted on the use of old N500 and N1000 notes as legal tender in the state.

According to news reports, El-Rufai urged all Ministries, Departments, and Agencies not to reject outdated naira notes.

El-Rufai claimed this in a statement issued on Sunday by Muyiwa Adekeye, the Special Assistant to the Governor on Media and Communication.

UPDATE: Banks To Start Over-The-Counter Payment Of New Notes

The old and new naira notes, according to Kaduna State Governor, should continue to circulate in the state.

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He stated that the direction is consistent with the Supreme Court’s existing order on naira notes.

The statement reads, “In line with the subsisting order of the Supreme Court, the Kaduna State Government has directed its Ministries, Departments and Agencies to ensure that their collection agents continue to accept payments made in all denominations of the naira, old and new.

“The laws of Kaduna State do not allow personnel of government agencies to be involved in cash collection of revenues.

“The collection agents authorised by state government agencies do offer citizens a route for cash payment, and are expected to comply with the subsisting court order.”

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El-Rufai made the statement in response to President Muhammadu Buhari’s instruction that outdated N500 and N1000 notes are no longer legal money.

Nasir El-Rufai declared on Thursday that the old N500 and N1,000 notes are still legal tender in the state.

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