State governments, which sued the Federal Government on the naira redesign policy, have given the Attorney-General of the Federation and Minister of Justice ...
When you get to the bank, they will ask you to write a letter and come back after three weeks.’’ What I want to say is that it is not good, the CBN Monetary Policy. “This is quite apart from the real possibility of the crisis morphing into a serious social disorder leading to the possible breakdown of law and order throughout Nigeria. He said, “The President should leave the office with a good name. Apata said, “Definitely, we are all in the same boat and what is important to us is to ensure compliance with the court order. “President Buhari is under oath to defend the constitution of Nigeria. You are aware we were part of the parties that took the Federal Government to Court. The court will have to compel them to do so. He said, “We have taken a lot of steps: Last week, we visited banks informing them that no bank should reject the old notes. “The way to go is clear. We are waiting for them to respect the court’s decision on the naira notes and comply with the decision. Their silence has emboldened Nigerians and businesses to reject the old notes as legal tender.
The Human Rights Writers Association of Nigeria (HURIWA) on Sunday demanded the immediate arrest of the Governor of the Central Bank of Nigeria (CBN), |
[Investigations3 months ago](https://www.ripplesnigeria.com/investigation-in-cross-river-civil-servants-retire-into-poverty-as-govt-looks-away-squanders-funds-on-frivolities/) [Investigations2 months ago](https://www.ripplesnigeria.com/investigation-how-oyo-state-contractors-spent-n1-1bn-on-water-projects-but-communities-dont-have-a-drop/) [Investigations2 months ago](https://www.ripplesnigeria.com/investigation-4-yrs-after-completion-kwara-phc-facility-inactive-rural-dwellers-in-pains/) HURIWA also urged President Muhammadu Buhari to be democratic and obey the Supreme Court because the apex court on March 3 also pronounced that the February 16, 2023 declaration by the President is dictatorial.” “Now that cash had dried up in most banks across the country due to what senior bankers described as the inability of the CBN to supply them with new naira notes, protests have started to break up in the country. “No individual is greater than the Nigerian State and those who think they are should be met with resistance and the punishment that they deserve.
Recall that the apex court had ordered that the old N1,000, N500 and N200 remain legal tender alongside the new notes till December 31, 2023. According to ...
However, CBN is yet to make any official statement since the court order. The backstory: The CBN had issued a directive that the old N1000, 500 and 200 notes would cease to be used as legal tender from February 10, 2023. however, the President in a live broadcast ordered the reintroduction of only the N200 note until April 10.
Human Rights Writers Association of Nigeria, (HURIWA) on Sunday, asked the Department of State Services to immediately arrest the governor of the Central ...
HURIWA also urged President Muhammadu Buhari to be democratic and obey the Supreme Court because the apex court on March 3 also pronounced that the February 16, 2023 declaration by the President is dictatorial.” On Monday, some banks commenced paying customers the old notes in partial compliance with the Supreme Court judgment, but by Wednesday the banks stopped disbursing the old notes as the CBN insisted that it had not given any directive to that effect. “No individual is greater than the Nigerian State and those who think they are should be met with resistance and the punishment that they deserve.
State governments, which sued the federal government over the naira redesign policy, have threatened to file contempt charges against the Attorney-General ...
In addition, the Ondo state attorney-general and commissioner for justice, Charles Titiloye, while speaking on the development, stated that the state is in alignment with other states. The state commissioner for information and communications, Chris Finebone, while making this known on Sunday, noted that it was important that the federal government made pronouncements on the apex court order rather than keeping mum in the face of the suffering being experienced by the citizens. Similarly, Ekiti state attorney-general and commissioner for justice, Dayo Apata, while speaking on Sunday evening, said that the state would align with other states on whatever legal steps would make the federal government comply with the supreme court’s judgment on the naira redesign and cash swap policy. The Rivers state government, while commenting on the continued silence of the federal government on the order, said that it was disturbing. The Zamfara state attorney-general and commissioner for justice, Junaidu Aminu, while giving an update on the move to enforce compliance with the order of the apex court on Sunday evening, revealed that since the federal government had refused to implement the judgment, the plaintiffs in the suit would approach the court again to ensure compliance with the court’s order. The Zamfara state justice commissioner explained that it was the duty of the AGF to direct the CBN governor to implement the court’s verdict on the naira notes.
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, and the Central Bank of Nigeria Governor, Godwin Emefiele, have been given ...
[](https://nnn.ng/#:~:text=travel blogger outreach to hotel) [AGF](https://nnn.ng/tag/agf/) and [CBN](https://nnn.ng/tag/cbn/) Fail to Comply [Osun](https://nnn.ng/tag/osun/) State Governor Warns Against Bank Rejections The Arewa Consultative Forum has decried the Federal Government and the CBN’s disobedience to the judgment of the Supreme Court on the naira redesign policy, warning that such an act could snowball into anarchy in the country. He believes the rejection of the old notes by banks is already causing tension in the state and unacceptable. According to Aminu, it is the duty of the AGF to direct the CBN governor to implement the court’s verdict on the naira notes. [Nigeria](https://nnn.ng/tag/nigeria/) Governor, Godwin Emefiele, have been given a deadline of Tuesday to comply with the Supreme Court’s order on the naira redesign policy.
The government of Kaduna, Kogi and Zamfara states has vowed to file a suit of contempt against the CBN governor and the attorney-general of the federation.
Reports also confirmed that the federal government had been issued the original copy of the Supreme Court order as part of steps to ensure compliance with the apex court ruling over the matter. [Central Bank of Nigeria](https://www.legit.ng/tags/cbn/) Governor, Godwin Emefiele, was also issued the same deadline to comply as ordered by the Supreme Court. Amid the controversies surrounding the coexistence of the old and new naira notes despite the Supreme Court ruling in favour of the old notes, the Minister of Justice and Attorney-General of the Federation, Abubakar Malami, has been issued a 24-hour deadline to comply with the ruling of the apex court.
Contempt Suit Against Abubakar Malami and Godwin Emefiele Looms Some state governors threaten legal action over failure to obey Supreme Court A number of ...
Nevertheless, the supreme court ruled in favour of the plaintiffs and ordered the use of both old and new notes as legal tender. [](https://nnn.ng/#:~:text=blogger outreach company) Although the supreme court temporarily suspended the ruling, the President then announced the reintroduction of only the N200 note until April 10th.