OLD NARIA NOTE: KWARA STATE TRADERS, BUSINESSES REJECT OLD NARIA

In Kwara, traders, transporters, and gas stations disobey the Supreme Court

The old N500 and N1000 notes are still not accepted as legal tender by dealers, transporters, and petrol stations in Kwara State despite the Supreme Court's decision.

Some gas stations accepted bank transfers, but others required customers to pay with straight cash.

Fuel outlets have complained about anything from slow network service to delays in receiving payment confirmations.

Only a few commercial banks in Ilorin, the state capital, were found to be dispensing either the old N200 notes or the new Naira notes to the general population, according to research by MON DIARIES.

According to First Bank sources, the bank has temporarily shut down as a result of an alleged website attack, making it unable to serve customers.

Yet, consumers at the UBA in Ilorin went home with N3,000 cash withdrawals across the counter.

Petty merchants have started to adopt the federal government's cashless policy by opening bank accounts via which consumers may make payments for items, which appears to be a beneficial effect of the program.

Yet, the main issue the traders are currently facing is how to withdraw the money required to purchase more goods.

A meat vendor worried that she would have to collect cash since Fulani cattle traders don't believe in bank transfers but rather in cash when she spoke to a MON DIARIES correspondent.