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Nairaland Forum / Nairaland / General / Politics / Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes (12889 Views)
Kogi Govt Orders Arrest Of Persons, Businesses Rejecting Old Naira Notes / Ogun Govt to Revoke CofO Of Any Commercial Outlet Rejecting Old Naira Notes / States, Police Clamp Down On Traders Rejecting Old Notes (2) (3) (4)
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Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Emola12(m): 9:44am On Feb 15, 2023 |
Ayed44:buh what of the supreme Court order wey CBN reject Which means no law for Nigeria again |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Ajalekoko76(m): 10:04am On Feb 15, 2023 |
GOVERNOR Vs GOVERNOR Who to obey? Is state government in charge of currency? Who licence banks to operate in Nigeria? CBN or state government? Confused government |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by ogatboy(m): 10:04am On Feb 15, 2023 |
He should try it first. The people angry at the bank will bring the anger to government house then they will chase hil like they chased the Oba of Lagos 1 Like |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Gift96: 10:18am On Feb 15, 2023 |
PointZerom:why would a reputable body as the CBN make a policy not well thought. To be honest this new naira policy is anti people and came within a short time frame... also the new naira notes are not well printed. the new naira note is also scarce. what would have been considered an alternative is POS and transfers. the two methods are not well mapped yet, to cater for the huge traffic it has been experiencing for a while now. |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Segzy19: 11:38am On Feb 15, 2023 |
Supreme court Ayed44: |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by VOR2019: 1:11pm On Feb 15, 2023 |
The war of the Governors! Actually, this is not a laughing matter. Ayed44: |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Unclefemolala(m): 1:26pm On Feb 15, 2023 |
femisplash: You are very correct....the guy quoted something that doesn't support his claims...Interim Government doesn't even come to play here. Tho I won't encourage your insulting approach |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Unclefemolala(m): 1:27pm On Feb 15, 2023 |
Chidibe212: Bro, you're actually wrong...tho he shouldn't have insulted you but get a lawyer to interpret it for you. That stuff you quoted means that CBN is bound for the main time to obey the Supreme Court injunction and now its been extended till next week as well |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by luluman: 1:48pm On Feb 15, 2023 |
jmoore:Your type will flex all your muscle on nairaland & call others names.Typical Igbo |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by jmoore(m): 1:50pm On Feb 15, 2023 |
luluman: Typical Agbero!!! |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by basadenet: 3:07pm On Feb 15, 2023 |
He has no such power under the law to shut down a business entity that has not committed any offense. To me,the governor has only just made a political Statement to score political points. |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by DanAugust2021: 3:34pm On Feb 15, 2023 |
jogojogo:The banks have listened to him already and you are here saying nobody will listen to him. Is it that you want to console yourself or what? |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by JAGS001(m): 3:49pm On Feb 15, 2023 |
TheSameGuy: |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Cool83(m): 6:04pm On Feb 15, 2023 |
hardbody:State government can easily revoke their c of o |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by hardbody: 6:41pm On Feb 15, 2023 |
Cool83: Please what did the governor threaten to do? We are not discussing who has a right to the statutory occupancy or you just want to carry out an exercise in academic foray? Yes the state government can and then will thereafter pay them compensation. Check the law to Confirm circumstances where state or federal government can revoke certificates and the consequences. Shutting down a bank (as threatened by the governor) is different from revocation of CofO which itself cannot be done except certain criteria are met and compensation paid as appropriate. Read and understand before arguing do not just type what you heard others say as you do not even understand why they said what they said. |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by hardbody: 11:03pm On Feb 15, 2023 |
Cool83: Shutting down a bank (as threatened by the governor) is different from revocation of CofO which itself cannot be done except certain criteria are met and compensation paid as appropriate. Read and understand before arguing do not just type what you heard others say as you do not even understand why they said what they said. |
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