However, despite the Supreme Court order, most banks and businesses have stopped accepting the old naira notes as a legal tender, despite the scarcity of the new notes.
On Tuesday, the Governor of the CBN, Godwin Emefiele, indicated that the 10 February deadline had not been shifted, contrary to the Supreme Court’s directive. The CBN is not a party to the suit filed by the state governments. However, the Attorney General of the Federation, Abubakar Malami, has asked the Supreme Court to vacate its order and dismiss the suit by the state governments.
As the matter continues at the Supreme Court Wednesday, Nigerians continue to suffer from the scarcity of the new naira notes.
Source: Law Daily Report (lawdailyreport.net)
Cluelessness at it's peak. May we never witness this kind of heartless govt again
We no need cash
Hypocrisy In Presidency,The Real Person Who Is Controlling CBN GOVERNOR Is In Villa.
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