LEGIT NG
Some state governors are going against the directives of President Muhammadu Buhari on banning the old N500 and N1000 notes Lagos, Kaduna, and Kano states have asked their residents to continue transacting with the old naira notes The states are of the position that only the Supreme Court order remains valid on the matter.
Despite President Muhammadu Buhari’s address on Thursday, February 16, 2023, telling Nigerians that only the old N200 notes will remain legal tender until April 10, 2023, many state governors have asked residents in their states to go on transacting with the old N500 and N1000 notes. The governors say the old notes remain legal tender until the Supreme Court rules on the matter on February 22, 2023.
Governors disregard President’s directives
According to the governors, only the Supreme Court verdict is valid…
