Fuel stations, others reject old notes, banks ration cash

The development came about 48 hours after some commercial banks, particularly Guaranty Trust Bank Plc, Zenith Bank Plc and Sterling Bank, began the disbursements of the controversial N500 and N1,000 notes across their branches in major Nigerian cities.

Some filling stations, particularly those operated by independent oil marketers, and the Nigerian National Petroleum Company Limited, refused to accept the old naira notes on Tuesday despite the order of the Supreme Court and the Central Bank of Nigeria. “We are waiting for the presidential directive. The President has not spoken. However, if the banks say we should collect the old notes, of course, we will accept the notes,” the Secretary, Independent Petroleum Marketers Association of Nigeria, Abuja-Suleja, Mohammed Shuaibu, stated.

“Well, if they have agreed that the money should be used, as marketers we want the economy to move on smoothly and we are ready to cooperate. But as it is right now, I don’t think the banks have directed their customers to bring the old notes. Passengers were also left hanging at major bus stops across the two states, as most commercial bus drivers refused to accept the N500 and N1000 notes on the grounds that filling stations were yet to commence accepting the same from them when purchasing petrol for their businesses.Also, several traders were yet to come to terms with accepting the old N500 and N1000 notes.

God punish MBuhari and GodwinIEmefiele for this suffering they are imposing on Nigerians. Nigeria would survive and Nigerians shall prosper

Recirculating the old notes will only make the new notes more scares.

We should all reject the old notes, let CBN give us new notes. We should go and queue again to collect the old notes we fought to deposit only to go and queue to deposit it again in the next few months? Enough of this nonsense!

APC is the most useless government in the history of Africa

cenbank GodwinIEmefiele MBuhari please for God sake

fcmb_help I have 2 business accounts with FCMB. Both of them are inaccessible.

No one is collecting old note Dey are all reject it😔💔😓

What in Buhari's name is this zoological Republic morphing into?

Let spend this money among ourselves...since the banks has been giving it out..y should we reject it

So what's next😒😒

There is a special place in hell for both Emefiele and Buhari. All these two arrogant old men has to do is say the respect the court. But out of vindictiveness, they are willing to crash the economy just to spite the court decision they Don't like..

Me too i reject it....

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