The Jigawa State Government has stated that old notes are still legal tender in the state pending the Supreme Court’s decision.
President Muhammadu Buhari stated in an early morning broadcast on Thursday that 200 naira notes would be allowed to coexist with the new notes until April 10, but the 500 and 1000 notes were no longer legal tender.
However, in a statement made on Thursday, Jigawa State Commissioner for Information, Youths, Sports, and Culture, Bala Ibrahim Mamsa, insisted that Jigawa State is one of the states that have taken the Federal Government and the Central Bank of Nigeria (CBN) to court.
He pointed out that the court had issued an order preventing the CBN from discontinuing the use of the old notes.
Furthermore, Mamsa stated that the government has been made aware that some individuals and corporate bodies in the state are refusing to accept the now-outdated N200, N500, and N1000 notes.
He stated that the government would take action against anyone found refusing to accept the old naira notes.
According to him;
Jigawa State is among the states before the Supreme Court of Nigeria the CBN and the court have issued an order “…restraining the CBN from suspending or determining or ending on the 10th of February, 2023 the time frame within which the now older versions of the 200, 500 and 1000 denominations of the naira may no longer be legal tender pending the hearing and determination of the …. Motion on notice…
He stated that the Jigawa State Government has urged its citizens to stop breaking the law and causing hardship for the people of the state.
Following that, the commissioner advised the general public to report to the nearest appropriate authorities any trader or business organization that refused to accept the N200, N500, and N1000 notes as legal tender in Jigawa State.
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