Ondo State Governor, Rotimi Akeredolu, has expressed his displeasure with the rejection of old naira notes by a large section of traders and business owners in the state.
The Governor said the rejection of the old one thousand naira, five hundred naira and two-hundred-naira notes is a flagrant disobedience of the law.
Governor Akeredolu in a statewide broadcast on Thursday explained that rejecting the old naira notes will inflict and sustain a needless pain on the people and customers.
He said the revalidation and return into circulation of all old naira notes in circulation has been permanently settled by the Supreme Court.
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Governor Akeredolu appealed to the people to embrace and accept the old notes alongside the new ones
He further urged banks to increase the circulation of all naira notes at their disposal and devise a more effective way to decongest queues at the banks, especially at the ATM cash points.
(Editor: Oloyede Oworu)
