Skip to main content

Old naira notes remain legal tender – Supreme Court


The Supreme Court has said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the use of old 200, 500 and 1000 naira notes still subsist.

The court made the clarification on Wednesday following complaint by lawyer to Kaduna, Kogi and Zamfara states, Abdulhakeem Mustapha (SAN) that the Fed Govt and its agencies have failed to comply with the order and have allegedly directed the rejection of the old notes.

Mustapha said the plaintiff filed a notice of none-compliance with the order of the court order made on February 8. And demanded that the court take action against the respondent to protect the dignity of the court.

He added: “That order has been flouted by the government. We are talking of executive lawlessness here. We have filed an affidavit to that effect…We want the court to renew the order for parties to be properly guided.”

 

Comments

Post a Comment

Popular posts from this blog

CBN defies Supreme court-- Old naira notes no longer legal tender

 In defiance of the Supreme Court order, the Central Bank of Nigeria, CBN, declared that the old naira notes of N200, N500 and N1000 have ceased being legal tender in Nigeria since February 10, 2023. CBN’s branch controller in Bauchi Haladu Idris Andaza made the declaration while briefing journalists on Monday in Bauchi. Last week, an ex parte order of the Supreme Court restrained CBN from implementing the February 10 deadline to stop the circulation of the old naira notes. But, Andaza insisted the old naira ceased being legal tender on February 10. “For the avoidance of doubt, CBN is ready and is open to receiving all of those old notes based on certain conditions and criteria. “Customers are free to come to the bank and deposit, which they cannot do at the commercial banks anymore because the currency has ceased to be a legal tender since the 10th of this month,” he stated. DAILY POST reported that commercial banks are rejecting old naira deposits from customers in Ilorin, the ca...
Post a Comment
Read more

Chelsea squad of 23 players have landed safely in Germany ahead of their Champions League

  Raheem Sterling, who missed this morning’s training session due to the setback he suffered prior to the draw at West Ham, remains behind but otherwise it is a strong squad selected by Graham Potter. Wesley Fofana is named in our travelling party for the first time since the 3-0 win over AC Milan in this competition back in October. Denis Zakaria also returns from injury, having missed our last three games. Mykhailo Mudryk, who was directly involved in five goals in six Champions League appearances for Shakhtar Donetsk this season, is one of three January additions in our squad. Enzo Fernandez and Joao Felix will also be looking to make their first appearances in Europe for the Blues. Full-backs Reece James, Ben Chilwell, Marc Cucurella and captain Cesar Azpilicueta all boarded the plane – the latter of which will speak to the media in tonight’s press conference at 6pm (UK time), alongside head coach Graham Potter. Chelsea’s travelling squad; Kepa Arrizabalaga Enzo Fernandez Thiag...
Post a Comment
Read more

Dani Alves' day-to-day life in jail

Dani Alves  Dani Alves remains behind bars in Brians 2 Prison, located in Sant Esteve Sesrovires, near the Catalan capital of Barcelona. He was taken to jail more than a week ago after being accused of an alleged a sexual assault in a nightclub. His lawyer, Cristabal Martell, is expected to file an appeal to request the provisional release of the Brazilian right-back. Meanwhile, La Vanguardia has published an article this Sunday in which they reveal how Alves' life in prison is, according to multiple sources, a mix of people who are official, unofficial, inside and outside the penitentiary center. The Catalan newspaper has indicated that Alves' "adaptation is being exemplary". How is Dani Alves' life in prison? They even reveal that Alves, who was arrested on January 20, accused of a sexual assault allegedly committed in the Sutton nightclub in Barcelona on December 30, has already played his first football match with the other inmates. It happened last Thursday a...
Post a Comment
Read more