Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,165,353 members, 7,860,916 topics. Date: Friday, 14 June 2024 at 06:51 PM

BREAKING: Court Stops CBN, Buhari From Shifting Naira Deadline - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / BREAKING: Court Stops CBN, Buhari From Shifting Naira Deadline (469 Views)

Does The Supreme Court Have Original Jurisdiction Over Naira Deadline Case? / Buhari Backs CBN Over Old Naira Deadline Amid Outcry For Extension / Dead Innocent Umezulike Banned By Buhari From Traveling Outside Nigeria (2) (3) (4)

(1) (Go Down)

BREAKING: Court Stops CBN, Buhari From Shifting Naira Deadline by adenigga(m): 7:56pm On Feb 06, 2023
Justice Eleoje Enenche of a High Court at the Federal Capital Territory in Abuja on Monday restrained the Federal Government and 27 listed commercial banks from suspending, stopping, extending or interfering with the currency redesignation terminal date of February 10 or issuing any directive contrary to the date.

Also restrained were the President, Major General Muhammadu Buhari (retd.), Central Bank of Nigeria and the Governor of the CBN, Godwin Emefiele.

In a motion exparte filed by five of the 18 political parties, Justice Enenche also granted an order directing the CEO’s of the banks and their alter egos to show cause why they should not be arrested and prosecuted for the economic and financial sabotage of the country by their hoarding, withholding, not paying or disbursing the new N200, N500 and N1000 bank notes despite supply of such notes by the CBN.


The order also ties the hands of bank CEO’s and their staff who have been alleged to be hoarding the new bank notes and trading with them thereby causing untold hardship to ordinary citizens.

In the 27 grounds by the applicants they made out a case showing that politicians who ostensibly were in possession of illicit funds were the ones who wanted the policies suspended.

Source: https://punchng.com/BREAKING-Court-stops-CBN-Buhari-from-shifting-naira-deadline

Re: BREAKING: Court Stops CBN, Buhari From Shifting Naira Deadline by sorji4: 7:58pm On Feb 06, 2023
The don't know the use of the new Naira Note
Re: BREAKING: Court Stops CBN, Buhari From Shifting Naira Deadline by bluebay(m): 8:02pm On Feb 06, 2023
Do you think that Buhari doesn’t envy the Respect and VIP treatment The ex presidents are having. Especially Goodluck Johnathan. I think he wants to leave office doing the right thing and be respected

1 Like

Re: BREAKING: Court Stops CBN, Buhari From Shifting Naira Deadline by SmartPolician: 8:05pm On Feb 06, 2023
This judge get sense grin

Too many drama series unfolding in an election month.

Nobody should drag INEC into this madness though.

1 Like

Re: BREAKING: Court Stops CBN, Buhari From Shifting Naira Deadline by yomi96(m): 8:08pm On Feb 06, 2023
Bulhari clocking balablu left right and center.

Re: BREAKING: Court Stops CBN, Buhari From Shifting Naira Deadline by Mynd44: 8:21pm On Feb 06, 2023

(1)

Visa Ban To All Supreme Court Justices And Their Family / Tabara Street Poll Shows Obi Popular With Northern Christians / 3 Days To Presidential Election, Peter Obi Reveals What's Going Through His Mind

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 16
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.