By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Tuesday, Apr 21, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Just In

Resist Old Notes And Face Prosecution – Sanwo-Olu Warns Lagos Residents

Ikechukwu Agada
Last updated: February 15, 2023 10:17 pm
By Ikechukwu Agada
Share
2 Min Read
SHARE

The Lagos State Governor, Babajide Sanwo-Olu has warned residents of the state against rejecting the old Naira notes, 9news Nigeria has learned.

Lagos State Governor Babajide Sanwo Olu Speaking at a press briefing on state of Covid 19 in Lagos State
Lagos State Governor Babajide Sanwo Olu Speaking at a press briefing on state of Covid 19 in Lagos State

In a statement released on his social media page on Wednesday February 15, 2023, Governor Sanwo-Olu warned that anyone resisting the old Naira notes will be prosecuted- His statement reads;

??DEAR LAGOSIANS,

I HEREBY COMMEND AND APPLAUD YOUR PATIENCE AND CALMNESS, FOLLOWING THE SAD CONTROVERSY GENERATED BY THE NAIRA SHORTAGE CRISIS.

I WOULD LIKE TO INFORM YOU THAT THE LAGOS STATE GOVERNMENT HAS JOINED THE DISPUTE AT THE SUPREME COURT, WHICH TODAY ADJOURNED THE HEARING OF THE MATTER TILL FEBRUARY 22.

WHEN THE MATTER FIRST CAME UP ON FEBRUARY 8, THE APEX COURT SAID THE OLD NOTES REMAINED LEGAL TENDER.

Facts On Nekede -Ihiagwa Road/ Bridge Construction This Wednesday Morning
Workers Jubilate As Governor Uzodinma Pays N104 New Minimum Wage In Imo
Just-In: President Tinubu Orders Free Healthcare Access Initiative For Low-Income Retirees
Another Syndicate Of Illegal Revenue Collectors Busted Along Okigwe Road

THAT POSITION HAS NOT CHANGED. THEREFORE WE HEREBY WARNS THOSE REJECTING THE OLD NOTES TO DESIST FROM DOING SO OR FACE PROSECUTION. IT IS AGAINST THE LAW TO REJECT THE OLD NOTES, AS DOING SO IS CONTRARY TO THE POSITION OF THE SUPREME COURT.

I THEREFORE PLEAD WITH EVERYONE TO REMAIN LAW-ABIDING, AND SHUN MISCHIEF MAKERS WHO MAY WANT TO EXPLOIT THIS TEMPORARY SITUATION TO PROMOTE THEIR ANTI-PEOPLE AGENDA. I AM CONFIDENT THAT THE JUDICIARY WILL RESOLVE ALL THE ISSUES AROUND THE CURRENCY SHORTAGE CRISIS.

TO CUSHION THE EFFECT OF THE CENTRAL BANK OF NIGERIA (CBN) DIRECTIVE ON THE OLD NOTES, ESPECIALLY ON THE VULNERABLE AMONG US, LAGOS STATE HAS STARTED THE DISTRIBUTION OF THE FOOD PACKS AS I EARLIER PROMISED, WHILE THE 50% FARES SLASH ON ALL STATE TRANSPORTATION SERVICES FACILITIES CONTINUES.

THANK YOU ALL AND GOD BLESS.”

9news Nigeria

author avatar
Ikechukwu Agada
Engr. Ikechukwu Agada is a media executive, consultant, writer, reporter, editor and public affairs analyst that spans over a decade in new media, print and broadcast Journalism. He is also a crusader for peace, unity and progress. He upholds equity and fairness and abhors injustice and oppression.
See Full Bio
TAGGED:9News Nigeria - Nigeria Breaking NewsEurope NewsNational NewsNational SecurityPoliticsSports
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
ByIkechukwu Agada
Follow:
Engr. Ikechukwu Agada is a media executive, consultant, writer, reporter, editor and public affairs analyst that spans over a decade in new media, print and broadcast Journalism. He is also a crusader for peace, unity and progress. He upholds equity and fairness and abhors injustice and oppression.
Previous Article Breaking: Again, Tinubu Meets Buhari In a Closed Door Meeting
Next Article Templates For Achieving Free & Fair 2023 Elections By: Prof. Ojo Emmanuel ADEMOLA
Search
– Advertisement –
Latest News
  • Tinubu approves new Police Academy campus in Ogun, releases N15bn take-off grant April 20, 2026
  • NDLEA busts hectares of cannabis farm, arrests suspect in Cross River April 20, 2026
  • APC considers scrapping consensus plan in some states ahead of 2027 primaries April 20, 2026
  • Boko Haram Issues 72-Hour Ultimatum Over 416 Borno Captives April 20, 2026
  • 2027: Tinubu Must Complete Eight-Year Tenure — Arewa Youths Insist April 20, 2026
  • Meet Dr. Umar, a First-Class Medical All-Rounder, Zoobiquity Specialist April 19, 2026
  • Peter Obi asks Tinubu the whereabouts of missing ₦34.44 trillion not seen in the Federation Account April 19, 2026
  • 2027: Focus On Your Poor Delusional Representation — Former Abia speaker, Chinedum Orji Blasts Aguocha April 19, 2026
  • There will be no election in 2027 – Dele Farotimi April 19, 2026
  • NAOSS National President Preaches Unity, Partnership at Inaugural Senate Sitting in OOU April 19, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

Hot NewsJust In

Lady Allegedly Dies In Her Visit To X-Boy Friend In Enugu State

May 19, 2025
Just In

🟢Bayelsa To Immortalise Late Nationalist Edwin Clark, As Dignitaries Pay Tribute

May 12, 2025
Just In

Chief Charles Orie Pays Easter Courtesy Visit To Awaka Ancient Kingdom

April 27, 2025
Just In

Reps Warns Rivers Sole Administrator Over Law Making, Policy Plan

April 7, 2025
EducationEducation

NYSC Finally Pays ₦77,000 New Allowance To Corps Members

March 26, 2025
Crime and InvestigationJust In

Twelve Inmates Escape In Kogi Jailbreak

March 24, 2025
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • Events
  • National Security
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • The Love of God
  • World News
  • Business
  • Crime and Investigation

9NEWS NIGERIA

  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?