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Adamawa traders reject old Naira notes, close businesses

Adamawa traders reject old Naira notes, close businesses
Traders in Adamawa State have stopped business transactions with the old Naira notes of N1,000, N500 and N200 ahead of the official deadline of Jan. 31.
Some of the traders confirmed this to newsmen on Wednesday in Yola.
They expressed difficulties in getting new banknotes from commercial banks, hence the fear of collecting the old ones.
They spent a lot of time at commercial banks to change the old notes with new banknotes rather than in their business premises.
Malam Nuhu Sheriff, a businessman at Jimeta Shopping Complex, said it had not been easy for him to get the new banknotes from commercial banks which made it difficult to collect the old ones.
He said that the fear of having the old Naira notes stuck in their hands made a lot of them spend more time at commercial banks rather than with their business.
Another trader, Buba Bello, said that accepting the old banknotes was a threat to his business due to the new notes that are limited in circulation.
Bello said that he had stopped receiving old notes and intended to close his shop by Jan. 26 until the new notes were in circulation.
“From the information reaching us, the Central Bank of Nigeria said that the Jan. 31 deadline for the validity of the old N200, N500 and N1,000 notes remained unchanged.
“We have to be serious. Instead of having old notes, it is better for me to close my business transaction until Feb. 1,” he said.
Godiya Joseph, a Moi Moi (beans cake) seller, also expressed dismay at how some traders had started rejecting old notes before the deadline.
She said that she generates about N5,000 daily and going by the present situation, she decided to hold on till February.
According to her, “with my type of business, if I cook, some customers may come with old notes and if I refuse to collect, I may not sell all which will result in loss.” (NAN)
Adamawa traders reject old Naira notes, close businesses
Headlines
Tinubu arrives Katsina to receive Buhari’s body for burial

President Bola Tinubu, on Tuesday arrived in Katsina to receive the remains of the former President Muhammadu Buhari, who passed away in London on Sunday at the age of 82.
Headlines
“He Never Turned His Back on the Needy” — Tributes Pour In Ahead of Buhari’s Burial

Just hours before the burial of former President Muhammadu Buhari, heartfelt tributes have continued to pour in from beneficiaries of his many charitable deeds, with many describing him as a man who never turned his back on the needy.
Speaking to the News Agency of Nigeria (NAN) on Tuesday, Aminu Daura, a respected community elder, recalled how Buhari consistently provided foodstuffs during Ramadan for families, friends, widows, and orphans in his hometown.
“He never made noise about it, but many homes had food on their tables during fasting period because of him,” Daura said.
Abdullahi Sani, a physically-challenged man who received a tricycle from the Buhari Foundation in 2021, was overcome with emotion while speaking to NAN.
“I can move around and feed my family today because of Baba Buhari. I pray to Allah to reward him for giving hope to people like me,” he said, in tears.
Hajiya Fatima Yahaya, another resident, remembered Buhari’s acts of kindness during festive seasons.
“Even after he left office, his aides ensured that the usual support still reached us every year. He always remember his people,” she said, referring to his distribution of Sallah rams and food items to indigent families during Eid celebrations.
Other residents of Daura also shared memories of how the late former president quietly paid school fees and medical bills for struggling families, actions rarely publicized.
“Some of us benefited from his silent interventions. He was a true father and a great figure in the society,” said Ali Saidu.
On Monday night, Imams across various mosques in Daura held special Qur’anic recitations, praying for the forgiveness of Buhari’s sins and his eternal peace.
The Chief Imam of Daura Central Mosque, Sheikh Musa Kofar Barau, described Buhari as a humble leader whose legacy of service and compassion would remain alive in the hearts of the people.
Buhari is scheduled to be buried later on Tuesday in his hometown of Daura, Katsina State, in line with Islamic rites. The community is bracing to welcome thousands of mourners from across Nigeria and beyond.
Headlines
King Mohammed VI Mourns Buhari, Praises Legacy of Nigeria’s Former Leader

His Majesty King Mohammed VI of Morocco has extended heartfelt condolences to President Bola Tinubu, the family of the late former President Muhammadu Buhari, and the entire Nigerian people following Buhari’s death.
In a message of sympathy, the Moroccan monarch described the passing of the former Nigerian leader as a “sad occurrence,” expressing deep sorrow over the loss.
King Mohammed VI hailed Buhari as “an illustrious leader who worked untiringly to serve his country’s best interests and lead his people toward further progress and prosperity.”
He added: “Our thoughts and prayers are with you and the bereaved. I share your grief and want you to know how much I appreciated the working sessions I had with the deceased.”
Reflecting on their bilateral engagements, the king noted that his collaboration with Buhari led to the launch of promising development projects, “ushering a new era grounded in friendship and close cooperation between our two sister nations.”
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