Sokoto Traders Back Arrest Of Those Rejecting Old Naira Notes

Amalgamated Union of Northern Traders have endorsed the directive of Governor Bello Mutawalle of Zamfara State that security agents should arrest anybody who rejects the old naira notes.

Zamfara is among the states which dragged the federal government to the Supreme Court and obtained a restraining order on the Central Bank of Nigeria (CBN) to stop the naira redesign policy.

Consequently, the Supreme Court last Wednesday halted the CBN from implementing the February 10, deadline for the validity of old notes as legal tender.

Speaking to LEADERSHIP on behalf of traders, the union’s youth leader, Alhaji Sanusi Daudu Nufawa, lauded the directives of Governor Matawalle on security operatives in Zamfara to closely monitor trading activities around markets in order to reduce the suffering of masses.

Nufawa said the informal economic sector can only be revived if leaders such as Mutawalle make people to do transactions with both old and new notes.

He said, “The effort would further reduce and relieve the pains that ordinary Nigerians are experiencing in the face of scarcity of both the old and new naira notes.

“I am convinced that those against Governor Matawalle’s action and victory at the Supreme Court are either misguided or blinded by political chauvinism,” he added.