Obaseki urges Edo residents to accept old N500, N1000 notes

Following the Supreme Court ruling on the circulation of old N500 and N1000 notes, the Edo State Governor, Mr. Godwin Obaseki, calls on residents in the State to accept the old notes.




The old notes are to be treated and exchanged just as the new ones and are necessary to facilitate trade and boost economic activity.




With the Supreme Court judgement, the controversy over the circulation of the notes have been put to rest and the people are urged to accept and trade with the notes.




They are also to explore other means of transaction such as electronic transfers, among others, as all issues of cash available are addressed by the relevant government agencies.




Signed




Chris Osa Nehikhare

Hon Commissioner for Communication&Orientation