Also, you should remember that the deadline for exchanging the old notes was February 10.
But in a national broadcast last Thursday, Buhari told the CBN only to recirculate the old N200 notes, overriding the apex court and making it illegal in Nigeria to use old N500 and N1,000 banknotes. But in the suit , which was filed on Friday at the Federal High Court in Abuja, SERAP is asking the court to decide “whether President Buhari’s directive banning the N500 and N1,000 notes is not inconsistent and incompatible with the constitutional duties to obey decisions of the Supreme Court and oath of office.
The group is also asking for “an order of interim injunction restraining Buhari, CBN, and Malami, their agents or privies from further enforcing the presidential directive banning the old N500 and N1,000 notes, pending the hearing and decision of the motion on notice filed contemporaneously in this suit.”This week, angry residents from all over the country held protests simultaneously to put more pressure on the government.
Source: Law Daily Report (lawdailyreport.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Old naira notes: SERAP drags Buhari, Malami, CBN to courtSocio-Economic Rights and Accountability Project (SERAP) at the weekend disclosed that it has filed a lawsuit against President Muhammadu Buhari over “the
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Stop Blackmail, President Muhammadu Buhari Committed To Free, Fair Election - SuleimanA columnist, Hashim Suleiman has warned fifth columnists to stop blackmailing President Muhammadu Buhari into compromising the conduct of free and fair The world is watching him.. Can you beat that? Buhari is doing a great job... If he can do this one, we go 4give him 4 others
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Coalition Urges President Muhammadu Buhari To Declare State Of Emergency In KadunaThe Arewa Democratic Movement (ADM) has called on President Muhammadu Buhari to declare emergency rule in Kaduna State to forestall a breakdown of law and Inadequate of new naria circulation will help conduct free fair and credible election. It is not the Goat that should be send to find out if Lion has eaten, its not Nigerians APC&PDP to be asked if they are hungry &angry or not. its end time for corrupt leadership. Our time is this coming weekend to change our ugly YesterYears. We must win. Vote for Peter Obi
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Nigerian Legislators Meet Buhari After Broadcast, Insist Naira Swap Policy Is Dangerous For Elections | Sahara ReportersFederal lawmakers under the House of Representatives Ad-hoc Committee on new naira re-design and naira swap policy on Thursday met with President Muhammadu Buhari, saying a lot must be done to mitigate the suffering of Nigerians following the naira crisis. Some Nigerians who are still in possession of the old naira notes due to poor circulation of the newly designed currency have taken over the major cities across the country over the policy. MBuhari don't listen to them! No going back, we are adjusting, price of things are coming down😋 Don't give in to the criminal politicians Toothless bulldog went for a tea party in the name discussing issues bordering on national interest. Lies we are usually told before the elections won't work this time. Your sure ticket is your scorecard, 8years gone. what av you done? bubu's response
Source: SaharaReporters - 🏆 9. / 63 Read more »
Wike to Buhari: Flouting s'court ruling on old naira notes an invitation to anarchy | TheCableNyesom Wike, governor of Rivers, has asked President Muhammadu to respect the ruling of the supreme court on the old naira notes. Wike spoke on Friday at the Rivers campaign MBuhari GovWike Your stashed 1000 and 500 is useless Oga..Except you create your own republic and use it...like to see Politicians tears.FFK was humbled if not we would have been seeing gibberish tweets from him on this naira palava MBuhari GovWike Wike parrot of tinubu shut up MBuhari GovWike If we didn't not anarchy all the times Buhari flaunted S'court orders in the past, we will not have anarchy now because of the money change policy, to curtail vote buying amongst other things....
Source: thecableng - 🏆 2. / 80 Read more »
Naira crisis: Islamic group urges Buhari to accept Supreme Court’s verdictIslamic group, Muslim Rights Concern, MURIC, on Saturday appealed to President Muhammadu Buhari to intervene in the Central Bank of Nigeria's (CBN) Naira
Source: DailyPostNGR - 🏆 11. / 59 Read more »