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The Governor of Osun State, Ademola Adeleke, has bemoaned the unavailability of new naira notes in the state.

Adeleke expressed displeasure over the situation, adding that as the number 1 man in the State, he does not possess the redesigned naira notes.

The governor then urged the Central Bank of Nigeria to sanction commercial banks that were hoarding money.

Adeleke spoke in his office while receiving officials of the CBN, Osogbo branch in his office on Monday, decried the increasing shortage of the new notes.

The governor also disclosed that he had been making efforts to ensure the safety of banks and the CBN state office.

A statement by the spokesperson for the governor, Olawale Rasheed, quoting Adeleke obtained in Osogbo on Monday, reads:

“The situation is getting out of hand. The CBN must act fast. Any bank hoarding the new notes must be sanctioned. We should not treat such banks with kid gloves.

The new notes are not available. Even as a State Governor, I don’t have the new notes. You can see how hard it is for our people to access the new currency if their governor is not getting them. We should not overstretch the cooperation we are enjoying from the citizenry. We are expected as elected and appointed leaders to respond to the needs and aspirations of our people.”