Ogun Govt to revoke CofO of corporations, stores rejecting old Naira notes

Ogun State Governor, Dapo Abiodun has said the state will revoke the Certificate of Occupancy of companies or stores in the state found rejecting the old naira notes.

Abiodun’s threat is coming a day after President Muhammadu Buhari said only the old N200 notes remain a legal tender.

The governor made this known in a terse statement on Friday afternoon.

 “Ogun state Government will be revoking the certificate of occupancy, CofO of any corporation or store that rejects old Naira notes from members of the public in the State in exchange for goods and services.

Commercial outlets are hereby reminded that there is an existing court order by the Supreme Court, the apex court in Nigeria, directing that old notes remain legal tender.”