Nigeria News

Traders accept old notes at APC rally in Lagos

21 Feb 2023
Traders accept old notes at APC rally in Lagos

At the All Progressives Congress (APC) presidential rally's grand finale in Lagos, traders are still taking old naira notes in accordance with a Supreme Court ruling that prevented the Federal Government from outlawing them.

That was the only way to ease the suffering and problems of people who still retain the old notes, according to some of the dealers who spoke with The Nation.

Additionally, they said that since the new naira notes were not usable for transactions, they had no choice but to keep accepting the old ones.

The Nation said that because both the old and new naira notes were being accepted for transactions, buying and selling were not significantly impeded at the demonstration grounds.

Additionally, they said that since the new naira notes were not usable for transactions, they had no choice but to keep accepting the old ones.

The Nation said that because both the old and new naira notes were being accepted for transactions, buying and selling were not significantly impeded at the demonstration grounds.

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