Kano State Governor, Abdullahi Umar Ganduje, warned commercial banks operating in the state that he would destroy any bank that refuses to accept the old N500 and N1,000 notes.
He made this known Friday, Feb. 17, during his inspection of palliatives meant for distribution to the citizens to cushion the effects of the hardship caused by the cashless policy, Channels TV reports.
“Any bank that refuses to accept old five hundred and one thousand Naira notes will be destroyed. We will not tolerate such disobedience from any financial institution operating within our jurisdiction,” he stated.
Governor Ganduje further disclosed that the space of the destroyed banks would be used for building schools.
“We will convert the space of the destroyed banks into schools that will provide quality education for our children,” he said according to the publication.
Governor Ganduje’s spokesperson, Abba Anwar, defended the governor’s statement, stating that the state government has the power to take such measures to protect the interests of the citizens.
Anwar said: “The governor is not making an empty threat. The government has the power to take such measures if it is in the best interest of the people. The governor is determined to ensure that the people of Kano State do not suffer any undue hardship as a result of the cashless policy.”
Iran’s President Ebrahim Raisi has died after a helicopter carrying him and other officials crashed…
The National Industrial Court, Lagos Division, has ordered the Governor of the Central Bank of…
The New Nigeria People’s Party, on Sunday, accused the Independent National Electoral Commission of undue…
Embattled American rapper and music executive Sean Combs, aka Diddy, has tendered a public apology…
Popular Ghanaian rapper Sarkodie has denied feuding with Nigerian Afrobeats superstars Wizkid, Davido, and Burna…
In a fresh new perspective, singer Timi Dakolo has weighed in on Mohbad’s autopsy results.…
This website uses cookies.