By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Old Naira Notes Remain Legal Tender,  El-Rufai Dares Buhari
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Old Naira Notes Remain Legal Tender,  El-Rufai Dares Buhari

News

Old Naira Notes Remain Legal Tender,  El-Rufai Dares Buhari

Tare Magbei
Tare Magbei
Published: June 14, 2025
Last updated: June 14, 2025
3 Min Read
Share
Old Naira Notes Remain Legal Tender,  El-Rufai Dares Buhari | Daily Report Nigeria
SHARE

Governor Nasir El-Rufai of Kaduna State has declared that all old naira notes remain legal tender in the state.

El-Rufai’s declaration came hours after President Muhammadu Buhari had thrown his weight behind the naira redesign policy of the Central Bank of Nigeria.

Buhari had in a national broadcast on Thursday, declared the old N500 and N1000 notes illegal, while ordering for a recirculation of the N200 note.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

However, in his statewide address on Thursday night, El-Rufai said the old naira notes remain legal tender until Supreme Court of Nigeria decides otherwise.

The Governor said the old and new naira notes will co-exist in the state until the apex court states otherwise.

He said;

“For the avoidance of doubt, all the old and new notes shall remain in use as legal tender in Kaduna State until the Supreme Court of Nigeria decides otherwise.

“I therefore appeal to all residents of Kaduna State to continue to use the old and new notes side by side without any fear. The Kaduna State Government and its agencies shall seal any facility that refuses to accept the old notes as legal tender and prosecute the owners.

“If need be, we shall take further consequential actions according to the law. The address by the President earlier this morning limiting the legal tender status of old notes to only N200 amounts to total disregard and disobedience of the ruling of February 8th which was extended further yesterday by the Supreme Court.

“The misguided action of the Attorney-General to mislead the President into engaging in this public violation of the order of the highest court of the land shows how desperate the policy architects are to cause national chaos, by showing open contempt for the judiciary.

“The decision to recognise only N200 as legal tender till April that the President announced this morning was offered to the state governments as part of proposals for an out-of-court settlement three days ago.

“The Federal Government asserted that this was offered because all the ‘old’ N1,000 and N500 notes had been destroyed. We rejected the offer and proved to the officials that not a single higher denomination note had been destroyed.

“We also believe that circulating N200 only to be inadequate in alleviating the suffering that we see every day. We insisted that all the components of the Supreme Court order should be complied with.”

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Naira NotesNasir El-RufaiTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

JAMB Announces 2025 UTME Top Scorers | Daily Report Nigeria
JAMB Announces 2025 UTME Top Scorers
News
“No Foreign Thrones in Ghana,” Protest Erupts Over Igbo King’s Installation in Accra | Daily Report Nigeria
“No Foreign Thrones in Ghana,” Protest Erupts Over Igbo King’s Installation in Accra
News
Fire Guts Iyabo Ojo’s Lagos office | Daily Report Nigeria
Fire Guts Iyabo Ojo’s Lagos office
Entertainment
Bandits Attack Church in Katsina, Kill Pastor, Worshiper | Daily Report Nigeria
Bandits Attack Church in Katsina, Kill Pastor, Worshiper
Metro
Senate Donates N109m to Kaduna Air Strike Victims
Senate Advances Bill for Oil and Gas Hospital in Delta State
News

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Atiku
Politics

Osun: Atiku Reacts To Adeleke’s Victory

June 13, 2025
World Cup Betting: Denmark v Tunisia - Prediction, odds, predicted line-ups | Daily Report Nigeria
NewsSports

World Cup Betting: Denmark v Tunisia – Prediction, odds, predicted line-ups

June 14, 2025
Loneliness Kills 871,000 People Annually – WHO | Daily Report Nigeria
News

Loneliness Kills 871,000 People Annually – WHO

July 1, 2025
Family Appreciates Agbonu, Pondi, Agediga, Ikiyegha, Others Over Chief Iyelagha's Burial | Daily Report Nigeria
News

Family Appreciates Agbonu, Pondi, Agediga, Ikiyegha, Others Over Chief Iyelagha’s Burial

June 14, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?