Naira Redesign: Nigerian govt asks Supreme Court to dismiss states' suit

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 78%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The federal government’s filings came hours after the Supreme Court issued an order temporarily halting the CBN’s plan to end the use of the old currency notes on 10 February.

to end the legal tender status of the old versions of some newly designed currency notes.

It says the suit is, therefore, not qualified to be taken directly to the Supreme Court for adjudication. It argues that the suit ought to have been commenced at the Federal High Court. PREMIUM TIMES reported how the three state governments had sued the federal government to challenge the Naira redesign policy.

After listening to the applicants’ lawyer on Wednesday, a seven-member panel of the court, led by John Okoro, issued an order of interim injunction halting the plan by the CBN to end the use of the old banknotes as scheduled.Ahead of the hearing, the AGF filed a preliminary objection urging the Supreme Court to dismiss the state government’s suit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why should a policy adopted in 1984 that brought inflation be readopted by the same administrator? It shows the high level of lawlessness and lack of judiciary system in the country NGRSenate NigeriaGov HouseNGR channelstv

The policy will strengthen the economy, Nigerians should be patient as difficulties will soon be over

The Brickbats begins

Atiku/Okowa 2023

I stans with the FG. We're yawning for cashless economy

Yes!!

The Supreme Court shouldn't postponed the evil day. We just need to embrace the new notes & the cashless policy and move on.

Malami one of the masquerade behind the evil plots, showing his hand

Will there be elections on the 25th of February?

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:

 /  🏆 3. in NG

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.

Naira redesign: El-Rufai hails Supreme Court rulingKaduna State Government and millions of its residents welcome the ruling of the Supreme Court, extending the use of the old naira notes beyond the ill-considered Central Bank of Nigeria deadline of 10 February 2023. Their supreme court Damn. They wan hijack this country again for this injury time💔 This evil man and his retrogressive fo forces will soon expire .nkpuru nshi
Source: MobilePunch - 🏆 8. / 63 Read more »

Court Stops Buhari, CBN, Others from Suspending Naira Redesign Policy – THISDAYLIVESO EVERYTHING THIS GOVERNMENT WANT FORCED ON PEOPLE, THEY WILL JUST RAN TO COURT! 1. THEY TOOK ASUU TO COURT AND FORCED TO RESUME WORK. 2. IMPOSED LAWAL'S CANDIDACY AT SUPREME COURT 3. NOW BACKED BUHARI ON THIS CHEATING POLICY. GOD SAVE US! This order is to rub it in on the suffering masses. Nice move....before them turn our country to somalai....haba economy worst,fuel scarcity join...finally una want make we use money to buy money before we fit buy food🙄🫡
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

Court Stops Buhari, CBN, Others from Suspending Naira Redesign, Extending Cash Swap Deadline – THISDAYLIVEVictory for the demons of Nigeria They have concluded plans to stop the election. They are now playing it out small small.. they never expected obi and obidents to come this far. Watch out. How is that even possible, can a court interfere with the president policy on what to do. Brown envelope journalism.
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

CSOs Reject S’Court Ruling on CBN Naira Redesign Policy – THISDAYLIVECould the Supreme Court Justices be protecting their own interests? Do they have billions in private vaults that cannot find it's way into the banking system? Why would they want to truncate this process Just thinking oo... I no talk am. NairaScarcity ARISEtv OjyOkpe
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

CSOs Reject S’Court Ruling on CBN Naira Redesign Policy – THISDAYLIVE
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

BREAKING: Supreme Court stops old naira notes banThe Supreme Court on Wednesday temporarily halted the move by the Federal Government to ban the use of the old naira notes from February 10, 2023. Another deadly blow on the redesigning policy. This is not good for the economy. Good otherwise what happened to police might start happening to banks and their staffs Mtchew
Source: MobilePunch - 🏆 8. / 63 Read more »