Banks issue old naira notes to customers in FCT

Commercial banks in the Federal Capital Territory (FCT) have started issuing old naira notes to customers.
Checks at some banks in Abuja on Wednesday revealed that customers thronged banks to collect the notes while some rejected them.
Ifeanyi Udenna, a customer who collected the old N1,000 notes from First Bank, said he accepted them because they were issued to him by a commercial bank.
”Although we have not heard any information from the Central Bank of Nigeria (CBN) about the old notes, the banks cannot be acting on their own,” he said.
Another customer, Eugenia Atah, said that although she collected the old notes from her bank, traders were rejecting the notes.
”I collected N20,000 of the old N1,000 notes from my bank, but when I went to the market, they refused to collect it.
”I also went to a restaurant to have lunch, but the woman in charge rejected it.
”This is frustrating because I thought that the issuance of the old notes would reduce our suffering,” she said.
Another customer, Chris Idoko, appealed to the CBN to make their stand known to the public on the old naira notes.
”I went to my bank, and they were giving customers old notes, but I refused to collect them because people have not started spending them.
”Nobody collects these old notes in the market,” he said.
The CBN is yet to respond to the apex court judgement on the old notes.
The Supreme Court had nullified the ban on using the old N200, N500 and N1,000 banknotes, saying the notes remained legal tender until December 31.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Anti-Corruption
Emefiele freely looted Nigeria’s treasury, sabotaged economy under Buhari, Osinbajo: Laolu Akande
Godwin Emefiele was arrested on Friday.

NationWide
Brain Drain: ‘Native doctors’ will soon be treating Nigerians if…says Mimiko
According to Mr Mimiko, Nigeria may only have native doctors to turn to for treatment if the medical doctors continue to leave the country in droves.

States
Amotekun nabs suspected burglars, cultist in Osun
He said the suspect was arrested by the Amotekun operatives during a routine patrol in Ilesa town.

NationWide
10th NASS: PDP warns against influencing election of leadership
Mr Ologunagba emphasised the legislature’s independence and insisted that members must be allowed to elect their presiding officers.

World
Ted Kaczynski, ‘Unabomber’ terrorist who targeted victims with letter bombs, dies in U.S. federal prison
He was initially kept at federal supermax prison in Colorado for more than two decades before he was moved to a federal prison medical facility in North Carolina.

States
Ebonyi governor to support security agencies with vehicles
The governor said the meeting became imperative to proffer solutions to security challenges in the state.