Business owners, traders and transporters in the Federal Capital Territory, Abuja, refuse to obey the Central Bank of Nigeria’s directive on accepting old N500 and N1000 notes as legal tenders 17 hours after the bank’s announcement.
DRILLOGIST reported that the country’s apex bank on Monday bowed to the March 3 Supreme Court’s ruling and issued a statement that the old naira notes remain legal tender till December 31.
DRILLOGIST Investigated and found that residents of Abuja still reject the old notes.
THANKGOD PUAL, a trader in the UTC Area market, confirmed that he had rejected the old customer notes.
“No one is collecting the old N500 and N1000 notes as I speak to you. If other traders do not collect the money, do you expect me to do so? I have rejected some customers today who came buying with the old currencies,” he said.
