Ogun State Governor, Dapo Abiodun, on Friday said the old N500 and N1000 remain legal tender in the state, threatening to sanction commercial banks and business outlets rejecting the old notes.
He was speaking in Abeokuta, the Ogun State capital while addressing a crowd of bank customers during his re-election campaign to Obafemi/ Owode Local Government Area who are having a difficult time accessing their funds.
“Any bank that does not collect old notes in Ogun State, not only will I shut that bank down, I will revoke their Certificate of Occupancy,” the governor said.
“It is a subsisting court order that clearly states that the status quo should be maintained in this matter. Until that order is vacated or determined, anybody that does otherwise is acting against the position of the court, the most respected court in this country
