Supreme Court

2023 - 3 - 3

Post cover
Image courtesy of "Guardian"

Supreme Court extends validity of old naira notes to December 2023 (Guardian)

The Supreme Court faulted the naira redesign policy by the Central Bank of Nigeria (CBN), declaring the naira notes swap implementation invalid and an affront ...

The court said the policy has led to some people engaging in trade by barter in this modern age in a bid to survive. More than 10 states have joined the suit. The states said the CBN policy is imposing a lot of hardship on Nigerians and insisted that the ten-day extension by the Federal Government is still insufficient to address the challenges of Nigerians swapping their old Naira notes for new ones.

Post cover
Image courtesy of "Vanguard"

Old Naira notes remain legal tender till Dec 31 – Supreme Court (Vanguard)

The Supreme Court, on Friday, nullified the ban on use of the old N200, N500 and N1000 banknotes as legal tenders.

Post cover
Image courtesy of "Businessday.ng"

Old naira notes remain valid till December, says Supreme Court (Businessday.ng)

The apex court also nullified the Federal Government's naira redesign policy, declaring it as an affront to the 1999 Constitution. The Supreme Court delivered ...

The 16 states now on the list of plaintiffs include: the original plaintiffs – Kaduna, Kogi, Zamfara – and the seven that were joined on 15 February – Cross River, Sokoto, Lagos, Ogun, Katsina, Ondo, and Ekiti states. The rest are the six others that were joined on Wednesday – Nasarawa, Niger, Kano, Jigawa, Rivers and Abia states. They accused President Muhammadu Buhari of usurping the function of the Central Bank of Nigeria (CBN) in the introduction and implementation of the policy and asked that the directive issued by Buhari be voided.

Post cover
Image courtesy of "The Punch"

Six states ask Supreme Court to nullify presidential election (The Punch)

Adamawa, Akwa-Ibom, Bayelsa, Delta, Edo and Sokoto states have dragged the Federal Government before the Supreme Court over the conduct of the February 25, ...

“The plaintiffs also brought an application praying the apex court for an order directing a departure from the rules of the apex court in the interest of justice by directing for accelerated hearing of the substantive suit. Besides, plaintiffs also filed another application seeking for an order for abridging time for parties to file and serve responses for and against the suit. “A declaration that the fundamentally flawed electoral process through the non-uploading of the results of each of the 176,974 Polling Units nationwide, in respect of the presidential election and National Assembly Elections held on Saturday, 25th February 2023 were not in accordance with the provisions of Sections 25; 47(2); 60 (1), (2), (4) & (5); 62; 64(4)(a) & (b); 70; and 148 of the Electoral Act, 2022, governing the 2023 nationwide general elections, particularly paragraphs 38 of the INEC Regulations and Guidelines for the Conduct of Elections, 2022; and paragraphs 2.8.4; 2.9.0; and 2.9.1 of the INEC Manual for Election Officials, 2023, for the conduct of the presidential election. The plaintiffs urged the apex court to declare, “that the Federal Government of Nigeria, through INEC was bound to electronically transmit or transfer Polling Unit Results in Form EC8A using BVAS by uploading Scanned Copy of the said Unit Result to the Independent National Electoral Commission Result Viewing Portal (IReV) in the course of the General Elections held on the 25th of February, 2023 throughout the Federation in compliance with the provision of Sections 25; 47(2); 60 (1), (2), (4) & (5); 62; 64(4)(a) & (b); 70; and 148 of the Electoral Act, 2022, governing the 2023 nationwide general elections, particularly paragraphs 38 of the INEC Regulations and Guidelines for the Conduct of Elections, 2022; and paragraphs 2.8.4; 2.9.0; and 2.9.1 of the INEC Manual for Election Officials, 2023, for the conduct of the presidential election.” “Whether the entire results of the presidential election conducted on the 25th of February, 2023, as announced by the Chairman of INEC at the National Collation Centre, Abuja in flagrant provision of Sections 25; 47(2); 60 (1), (2), (4) & (5); 62; 64(4)(a) & (b); 70; and 148 of the Electoral Act, 2022, governing the 2023 nationwide general elections, particularly paragraphs 38 of the INEC Regulations and Guidelines for the Conduct of Elections, 2022; and paragraphs 2.8.4; 2.9.0; and 2.9.1 of the INEC Manual for Election Officials, 2023, for the conduct of the Presidential Election, were valid.” “Whether the failure of the Federal Government of Nigeria through the Defendant and INEC to electronically transmit or transfer Polling Unit Results in Form EC8A using BVAS by uploading Scanned Copy of the said Unit Result to the Independent National Electoral Commission Result Viewing Portal (IReV) after the counting and announcement of the Polling Units results on 25th of February, 2023, violates the provisions of Sections 25; 47(2); 60 (1), (2), (4) & (5); 62; 64(4)(a) & (b); 70; and 148 of the Electoral Act, 2022, governing the 2023 nationwide general elections, particularly paragraphs 38 of the INEC Regulations and Guidelines for the Conduct of Elections, 2022; and paragraphs 2.8.4; 2.9.0; and 2.9.1 of the INEC Manual for Election Officials, 2023, for the conduct of the presidential election. They are seeking “A declaration that the entire results of the Presidential Election conducted on the 25th of February, 2023 announced by the Chairman of INEC at the National Collation Centre, Abuja, in flagrant violation of the provisions of Sections 25 of the Electoral Act, 2022, governing the 2023 nationwide general elections, particularly paragraphs 38 of the INEC Regulations and Guidelines for the Conduct of Elections, 2022; and paragraphs 2.8.4; 2.9.0; and 2.9.1 of the INEC Manual for Election Officials, 2023, for the conduct of the Presidential Election, were invalid, null and void, and of no effect whatsoever. “Whether the failure of the Federal Republic of Nigeria through INEC to comply with the provisions of Section 60 of the Electoral Act, 2022 and the Regulations and Guidelines for Conduct of Elections, 2022 made pursuant to the Electoral Act and the Constitution of the FRN, 1999, as amended, in collating and announcing the results of the Presidential and National Assembly Elections render the already announced results and the elections conducted as a whole a nullity”. In the suit filed by their lawyer, Mike Ozekhome, SAN, the states said the agents and officials of the Federal Government and INEC failed to transmit the collated result as prescribed by the provisions of the Electoral Act, 2022; the INEC Regulations and Guidelines for the Conduct of Elections 2022; and the INEC Manual for Election Officials requiring transmission of the results by the use of Bimodal Voter Accreditation System in flagrant breach of the relevant provisions of the Electoral Act, 2022; the INEC Regulations and Guidelines for the Conduct of Elections, 2022; and the INEC Manual for Election Officials, 2023. Amongst the issues raised for determination by the apex court were: Whether having regard to the provisions of the Electoral Act, 2022, governing the 2023 nationwide general elections, particularly paragraphs 38 of the INEC Regulations and Guidelines for the Conduct of Elections, 2022; and paragraphs 2.8.4; 2.9.0; and 2.9.1 of the INEC Manual for Election Officials, 2023 thereof, the electronic transmission of votes collated at polling units and the use of the Bimodal Voter Accreditation System (BVAS) in the transmission of collated result is made mandatory. “Whether the Federal Government of Nigeria through presiding officers of its executive body, Independent National Electoral Commission was bound to electronically transmit or transfer Polling Unit Results in Form EC8A using BVAS by uploading Scanned Copy of the said Unit Results to the Independent National Electoral Commission Result Viewing Portal (IReV) in the course of the General Elections held on the 25th of February, 2023 throughout the Federation. The plaintiffs on February 28 predicated their case on the grounds that, “The collation of the national election results from the 36 states of the Federation, and that of the Federal Capital Territory, for the said 2023 presidential and National Assembly elections have not been carried out in compliance with the mandatory provisions of relevant sections of the Electoral Act, 2022; the INEC Regulations and Guidelines for the Conduct of Elections, 2022, made pursuant to the provisions of the Electoral Act, 2022; and the INEC Manual for Election Officials, 2023.”

Post cover
Image courtesy of "Premium Times"

Supreme Court delivers judgement on naira redesign suit (LIVE ... (Premium Times)

Members of the panel led by John Okoro are expected to file into the courtroom at 9 a.m. Friday. The controversial monetary policy being challenged at the ...

It is not the action of the CBN that is being challenged. Good journalism costs a lot of money. On 15 February, plaintiffs filed a affidavit of non-compliance with the court order. Each of the justices holds an envelope presumed to contain their respective opinions on the case. The court held that the directive of President Muhammadu Buhari for the redesign of the new notes and withdrawal of the old notes without due consultation is invalid. It is not in doubt that the President refused to comply with the order of the court that the old 200, 500, and 1,000 naira notes should continue to be legal tender. The act of the President and government of Nigerian is an act of the federation. It is glaring from the law that the CBN has no power to to carry out the policy without the directive of the president The duty is implicit in section 5 of the Constitution that makes the President an agent of the federation. The dispute is between the states and the government of the Federation. The dispute is within the original jurisdiction of the court. Members of the seven-member panel of the Supreme Court are:

Post cover
Image courtesy of "Vanguard"

Six states ask Supreme Court to void Tinubu's election (Vanguard)

Six states of the federation; Adamawa, Akwa-Ibom, Bayelsa, Delta, Edo and Sokoto have dragged the federal government before the Supreme Court over the ...

Sections 25 (1), (2) and 3; Sections 60 And 66 Of The Electoral Act, 2022. No date has been fixed for the hearing. 47(2); 60 (1), (2), (4) & (5); 62; 64(4)(a) & (b); 70; and 148 of the Electoral Act, 2022, governing the 2023 nationwide general elections, particularly paragraphs 38 of the INEC Regulations and Guidelines for the Conduct of Elections, 2022; and paragraphs 2.8.4; 2.9.0; and 2.9.1 of the INEC Manual for Election Officials, 2023, for the conduct of the presidential election.” “of the Electoral Act, 2022, governing the 2023 nationwide general elections, particularly paragraphs 38 of the INEC Regulations and Guidelines for the Conduct of Elections, 2022; and paragraphs 2.8.4; 2.9.0; and 2.9.1 of the INEC Manual for Election Officials, 2023, for the conduct of the presidential election “and 148 of the Electoral Act, 2022, governing the 2023 nationwide general elections, particularly paragraphs 38 of the INEC Regulations and Guidelines for the Conduct of Elections, 2022; and paragraphs 2.8.4; 2.9.0; and 2.9.1 of the INEC Manual for Election Officials, 2023, for the conduct of the Presidential Election, were invalid, null and void, and of no effect whatsoever. They are seeking “A declaration that the entire results of the Presidential Election conducted on the 25th of February, 2023 announced by the Chairman of INEC at the National Collation Centre, Abuja, in flagrant violation of the provisions of Sections 25; 47(2); 60 (1), (2), (4) & (5); 62; 64(4)(a) & (b); 70;

Post cover
Image courtesy of "CHANNELS TELEVISION"

Supreme Court Orders Old N200, N500, N1,000 Notes To Remain In ... (CHANNELS TELEVISION)

The apex court also nullified the Federal Government's naira redesign policy, declaring it as an affront to the 1999 Constitution. Justice Emmanuel Agim, who ...

He also said old N500 and N1,000 banknotes cease to be legal tender in Nigeria. Also, Zamfara State Governor, Bello Matawalle was in court on Friday. The court said the policy has led to some people engaging in trade by barter in this modern age in a bid to survive. Governor Nasir El-Rufai of Kaduna State and his Kogi State counterpart, Yahaya Bello were in court to witness the judgement on Friday. The apex court held that President Buhari breached the Constitution of the Federation in the ways he issued directives for the re-designing of the Naira by the CBN. They accused the President of usurping the function of the CBN in the introduction and implementation of the policy and asked that the directive issued by Buhari be voided.

Post cover
Image courtesy of "The Whistler NG"

Six States Ask Supreme Court To Order INEC To Review ... (The Whistler NG)

Six states of the federation have dragged the Federal Government before the Supreme Court over the conduct and subsequent collation and announcement of.

They prayed a declaration that the entire results of the presidential election conducted on Feb. 25, announced by the Chairman of the INEC, at the National Collation Centre, Abuja, was in flagrant provisions of Sections 25; 47(2); 60 (1), (2), (4) & (5); 62; 64(4)(a) & (b); 70; and 148 of the Electoral Act, 2022. 25 Presidential and National Assembly elections.

Post cover
Image courtesy of "The Whistler NG"

BREAKING: Supreme Court Reverses CBN Ban On Old Naira Notes ... (The Whistler NG)

The Supreme Court has ordered the usage of the old naira notes alongside the new ones, berating the Federal Government and the Central Bank of Nigeria for.

“The act of the president is the act of the federation. Agim), said the CBN and FG cannot make such policy without consulting with states. “The dispute between the federal government and states are within the jurisdiction of the apex court,” Agim said. The panel found that “It is not in dispute that the president and the government of Nigeria contravened the 1999 constitution, having not consulted with the National Economic Council before given its naira swap directive.” “The government of the federation is not sovereign, but a creation of the 1999 constitution. “The directive of the president is in exercise of the executive powers of the federation vested on him and the federal government and its agencies represents all the constituent state of the federation.

Post cover
Image courtesy of "TechCabal"

Supreme Court rules that old notes remain legal tender until ... (TechCabal)

On Friday afternoon, Nigeria's Supreme Court ruled that the Federal Government disobeyed its earlier order not to implement a February 10 deadline for a ...

On February 16, President Buhari admitted in a broadcast that the CBN undertook the currency redesign on his orders. On this premise, the CBN extended the legality of the notes in question to December 31, 2023, pointing out that most countries allow old and new notes to circulate simultaneously for not less than one year. They sued the Federal Government, asking the court to put a hold on the policy. As such, the court insisted that the currency redesign policy could not be handed down after a private conversation with the CBN governor. In its new ruling, the Supreme Court said that all the old notes will remain legal tender until December 31, 2023, nullifying the Naira redesign policy. In December, the CBN announced a currency redesign and said the old N200, N500 and N1,000 notes would stop being legal tender by February 10.

Post cover
Image courtesy of "The Punch"

BREAKING: Supreme Court declares Buhari's order on new naira ... (The Punch)

BREAKING: Supreme Court orders old N200, N500, N1,000 notes to remain legal tender till Dec 31 ... The Supreme Court has invalidated the new naira design policy ...

The court held that the CBN does not have to be joined as a party in the suit as the CBN has no power to carry out the policy without the directive of the president and that the suit is not an action against the banks or the CBN. The court held that the dispute is between the states and the government of the federation and within the original jurisdiction of the court Justice Agim stated that the act of the president and government of Nigeria is an act of the federation.

Post cover
Image courtesy of "Premium Times"

#NigeriaDecides2023: Six PDP states sue Nigerian govt to Supreme ... (Premium Times)

The attorneys-general of the six states filed the suit asking the Supreme Court to intervene in the just concluded general elections...

Good journalism costs a lot of money. They based their claims on a potential breakdown of public order and civil disobedience. In their suit, the six states said the declaration of Mr Tinubu did not follow the Electoral Act and INEC’s own laid-down guidelines, particularly in relation to the uploading of results to the IREV through the BVAS.

Post cover
Image courtesy of "Arise News"

Nigeria's Supreme Court Says Old Naira Notes Valid Till December ... (Arise News)

The supreme court has invalidated the naira redesign policy introduced by the Central Bank of Nigeria (CBN). The court made the declaration on Friday while ...

On this note, Legal Analyst, Chinwe Izegbu said”Our descendants will be referring today… She then stated that Section 1, subsection 1 of the constitution states that the Nigerian Constitution is supreme and that other provisions of the law that are inconsistent with the provisions of the Nigerian Constitution will be void and nullified. In the judgement delivered by Justice Emmanuel Agim, a seven member panel said that the Nigerian government had acted in breach of the constitution by going ahead with the policy without consultations with the State government and other stakeholders, and held that the old N200, N500 and N1000 remain valid legal tender until 31 December 2023.

Post cover
Image courtesy of "BBC News"

Nigeria's Supreme Court rules CBN naira redesign invalid (BBC News)

The policy led to a nationwide shortage of cash, with people sleeping outside banks.

It said there was nothing to show that President Buhari's directive for the release of old 200 naira notes until 10 April was implemented. Many suspected that the policy was also targeted at politicians involved in vote-buying during elections. People were initially given until the end of January to hand in all their old notes, although this had previously been extended amid the chaotic scenes.

Post cover
Image courtesy of "Premium Times"

Supreme Court extends old naira notes validity till December (Premium Times)

A seven-member panel of the Court led by John Okoro unanimously directed that the CBN must continue to receive the old Naira notes.

Good journalism costs a lot of money. Five days later, the court issued an interim order suspending the implementation of the deadline set by the federal government, and directed that the old and new Naira notes should continue to circulate pending the resolution of the case. Unmoved by the court’s order, the CBN insisted that the old notes had stopped being legal tender after the 8 February deadline while the scarcity of the new notes persisted. “It is not in doubt that the President refused to comply with the order of the court that the old 200, 500, and 1,000 naira notes should continue to be legal tender,” the court said. The court held that the directive of President Muhammadu Buhari for the redesign of the new notes and withdrawal of the old notes without due consultation is invalid. Emmanuel Agim, a member of the panel, who read the lead judgement, also condemned the President’s disobedience of the court’s 8 February order that the old N200, N500, and N1,000 notes should continue to circulate alongside the new ones.

Post cover
Image courtesy of "Reuters"

Six Nigerian states challenge election in Supreme Court (Reuters)

Six opposition-led Nigerian states have asked the Supreme Court to declare the outcome of last weekend's presidential election invalid, saying the electoral ...

The observers criticised INEC for poor planning and voting delays but did not allege fraud. Register for free to Reuters and know the full story [the winner](/world/africa/nigerias-tinubu-defends-win-disputed-presidential-poll-2023-03-01/), but the two main opposition challengers have said the result was fraudulent and vowed to [challenge](/world/africa/nigerias-obi-says-he-not-tinubu-won-presidential-election-2023-03-02/) it in court.

Post cover
Image courtesy of "Premium Times"

Buhari is a disobeyer of court order – Supreme Court (Premium Times)

A seven-member Supreme Court adjudged President Buhari a violator of court order on Friday in a unanimous judgement on a suit filed by some state governors ...

“Interestingly, there is nothing to show the implementation of even that directive. Good journalism costs a lot of money. The President’s 16 February 2023 national broadcast reproduced here on pages 27-31 demonstrates this disobedience,” Mr Agim held. This has, in turn, created chaos, disrupting economic activities and bringing hardships to millions of citizens in Nigeria’s cash-dependent economy. I agree with the 9th plaintiff, that the 1st defendant is not entitled to be heard by this court when it has effused to respect the authority of this court and the authority of law from which the authority of the President and the Government of Nigeria derives.” But in violation of the court’s order, President Buhari, in a broadcast on 16 February, restored the validity of the old N200 notes and insisted that the old N500 and N1,000 banknotes had ceased to be valid.

Post cover
Image courtesy of "Bloomberg"

Nigeria Supreme Court Orders Halt to Cash Replacement Policy (Bloomberg)

Nigeria's top court ordered the central bank to halt its removal of old high-denomination banknotes from circulation, a move that's created an acute cash ...

Post cover
Image courtesy of "The Punch"

New naira: CBN must comply with Supreme Court judgment, says ... (The Punch)

The Speaker of the House of Representatives, Femi Gbajabiamila, has asked the Central Bank of Nigeria to comply with the judgment of the Supreme Court, ...

“The Central Bank of Nigeria must respect the apex court’s judgment and act quickly to give it full effect. He stated, “This was the right thing to do. It was titled ‘Statement by the Speaker of the House of Representatives, Rep.

Post cover
Image courtesy of "Voice of America"

Nigerian Supreme Court Orders Extension of Old Currency (Voice of America)

The Supreme Court ruling Friday followed a lawsuit filed in February by 16 Nigerian state governors asking that the old 200-, 500- and 1,000-naira notes be ...

But Nwokolo said Buhari's move could have been a deliberate act by the president to discourage vote buying during the election season. The Central Bank of Nigeria redesigned the bills last year and initially gave Nigerians only six weeks to exchange old bills for new ones. Buhari refused to obey a February 8 order by the Supreme Court to suspend the planned February 10 deadline for turning in the old bills.

Explore the last week