Supreme Court Ruling: Business operators anxious to hear from Buhari, Emefiele before accepting old naira notes

Supreme Court Ruling: Business operators anxious to hear from Buhari, Emefiele before accepting old naira notes


Business operators in the Federal Capital Territory (FCT) Abuja say they are anxious to hear from President Muhammadu Buhari and/or the Central Bank over the validity of old naira notes.

The business operators were reacting to the Supreme Court ruling that the old N500 and N1000 notes remained legal tender till December 31.

They, however, said it was risky to accept the notes until a directive from either the Presidency or the CBN.

A taxi driver, Abubakar Umar, said he was hopeful that Mr Buhari or the CBN governor, Godwin Emefiele, would speak within the week on whether or not they should go ahead and accept those old notes.

He said until such a directive was given, he would insist that customers paid him only with new N500 or N1000 notes.

A petty trader, Madam Uloma, also said she wouldn’t accept the old notes, saying, “until I hear from the horse’s mouth, I will not collect the old notes”.

Ms Uloma said she would not want to go through the stress she went through when the…

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Supreme Court Ruling: Business operators anxious to hear from Buhari, Emefiele before accepting old naira notes

 

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