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Osun: Adeleke warns bank against hoarding new naira

TheOpeyemi A.A² by TheOpeyemi A.A²
February 16, 2023
in National
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The governor of Osun State, Senator Ademola Adeleke, has cautioned commercial banks doing business there against stockpiling fresh naira notes and shunning old money.

According to a statement issued by Olawale Rasheed, the governor’s spokesperson, and obtained in Osogbo on Wednesday, Adeleke also bemoaned the suffering Nigerians were forced to endure due to the naira’s depreciation.

The banks were urged to show compassion by either making the new notes available or by continuing to accept the old currency notes by Adeleke, who bemoaned the non-acceptance of the old currency.

The statement further read in parts, “I am pained by the current hardship inflicted on our people. Daily living has become a nightmare. All sectors of society are witnessing untold hardship. I call on bank chiefs to have mercy on the poor, the middle class and even the rich.

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“We must make the new naira notes available or we continue to accept old notes. We must stop punishing the citizens even when they commit no sin. I hereby warn the banks in Osun state to be humane. We should not encourage insurrection against the government by citizens through unfair policies and actions.

“Banks in Osun state must meet the demands of the people for new notes. Those banks who have stopped receiving old notes must reverse that policy. Our people are being pushed to the wall. “

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