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Commercial motorcyclists, and others rebuff old naira in Kaduna

Commercial motorcycle and tricycle operators in Kaduna have started rejecting old naira notes ahead of the January 31 deadline set by the Central Bank of Nigeria, CBN.

A DAILY POST reporter was at various bus stations in Kaduna on Tuesday and noticed that despite the scarcity of fuel, operators of commercial motorcycles and tricycles that offer skeleton services are dismissive of the new notes.

Many of the city’s service providers, particularly business men and women, have decided to only accept the new currency.

A motorcyclist who identified himself as Daily Bossa said, “We all realize that this old note won’t be useful after this week, so why would they pay the fare with old notes again?”

Similarly, a motorcyclist who gave his name as Madamko said he told any potential rider to come on his way to pay his freight in new currency as the old currency would collapse on January 31.

According to him, since banks have begun to issue new currencies, there is no need to accept the old currency.

“Just as it was instructed,” he said, “take your old note to the bank, get a new coin and pay for my service to you, simply.”

He advised the owners of the old currency to look for ways to change their banknotes into a new currency to avoid losing.

A food vendor in Kakori Market, Ms. Rose Musa, said she started rejecting the old currency because many local vendors from whom she buys food in bulk have since rejected the old currency.

The President of the Kaduna Motorcycle Association, Mr. Joseph Badmos, confirmed to the DAILY POST in Sabon Tasha that he has since instructed members of the association not to accept the old currency any more.

Commercial motorcyclists, and others rebuff old naira in Kaduna

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