Ogun govt warns banks against rejecting old notes

Dapo Abiodun, the governor of Ogun State, has cautioned the state’s commercial banks against rejecting old naira notes.

This was revealed on Tuesday in a statement from the governor’s chief press secretary, Kunle Somorin.

As part of his campaign for re-election to the Abeokuta North local government areas, the governor made this statement on Tuesday to market vendors at Itoku Kampala market in Abeokuta.

The statement read, “Abiodun’s warning came following the complaints received from the people of the state that commercial banks and some filling stations are rejecting the old naira notes as a legal tender.

“He noted that since the new naira notes were not available, commercial banks must accept the old notes to ease the suffering of the people.

“He called on the people to remain calm, assuring that his government was working assiduously to ensure that the present situation was brought under control.”

The statement further stressed that the governor assured that he would reach out to the appropriate authority to improve the power supply to the market.

Somorin in the statement said, “Abiodun added that the controversy surrounding the non-issuance of documents to some shop owners at the market would be addressed.

“He promised that some of the outstanding issues currently affecting the market would be given priority during his second term in office.

“The governor appreciated the traders for their support so far, imploring them to vote for all the candidates of the All Progressives Congress in the February 25 and March 11 elections.

“The governor promised that 200 market men and women would benefit from the government’s loan arrangement, saying that the ‘Oko Owo Dapo’ scheme would be extended to them.”

Abiodun expressed dismay that the transformer given to the market was not functioning effectively and directed that new ones be brought to the market immediately.

Addressing the people at the Mokola-Elega Under Bridge, Abiodun stated that his administration would complete the road during his second term, calling for their maximum support in the elections.

The Otun Iyaloja of Itoku, Mrs. Simbiat Oyetola, commended the governor for the boreholes provided in the market, urging the governor to assist the traders in resolving the problem of epileptic power supply.