Nigerians are rejecting the old naira notes more than ever before following the statement from CBN yesterday that the old naira notes are no longer legal tender

The commercial car driver I approached yesterday on my way to work rejected the old 500 naira note, I later entered free government bus.

Market men and women are also rejecting old naira notes, you can't buy anything now with old naira notes


This will further exacerbate the already awful situation in the country

But supreme court suspended the earlier February 10 deadline by the CBN

Sorry about yesterday but in the case brought before the supreme court CBN was not joined as a respondent. The case before the court is the states against the federal government.

eastgates1:
Sorry about yesterday but in the case brought before the supreme court CBN was not joined as a respondent. The case before the court is the states against the federal government.

but supreme court is the highest court in Nigeria, disobeying a judgement from the apex court isn't good

I turned a beggar yesterday, moving from one place to another just to make sure I get home.

Even water, I could not take with old notes. God dey/

fergie001:
I turned a beggar yesterday, moving from one place to another just to make sure I get home.

Even water, I could not take with old notes. God dey/

Lol, this is very bad man, how did you manage to get home?

God1000:
Lol, this is very bad man, how did you manage to get home?

A Good Samaritan bailed me out.

One kind woman gave me N500, I trekked the remaining.

God1000:
but supreme court is the highest court in Nigeria, disobeying a judgement from the apex court isn't good

I know but would you react to a request that you did not know about? They should have joined CBN to that case, that way when the court says halt CBN would halt by the way the case is not supposed to go to the supreme court at first it should have started at the high court then to the appeal before supreme court the governors also have abused the judicial process.

fergie001:

A Good Samaritan bailed me out.

One kind woman gave me N500, I trekked the remaining.

Sorry about your ordeal yesterday man.

This is really a terrible situation at the moment

This breakfast go touch everybody una wey dey tell us to always du transfer na so MTN off Network for like 4hrs bkuz of hate some people love the policy and telling us to endure untop our money again....

Please send me the old notes that you have let me help you and spend it

Okoroawusa:
Please send me the old notes that you have let me help you and spend it

Lol, where are you going to spend it?

God1000:


Sorry about your ordeal yesterday man.

This is really a terrible situation at the moment

Naija for us nah.

God1000:
Lol, where are you going to spend it?

In Lagos

fergie001:
Naija for us nah.

yeah, but our government should not push nigerians too hard, people will fight back

eastgates1:
I know but would you react to a request that you did not know about? They should have joined CBN to that case, that way when the court says halt CBN would halt by the way the case is not supposed to go to the supreme court at first it should have started at the high court then to the appeal before supreme court the governors also have abused the judicial process.

The governor's that instituted the case thought they were smart. Should they include CBN,they know that the case will start from high court,and that will linger to supreme Court,and by then election would have come and gone,that is what they were trying to avoid so they started from supreme.


What they ought to have done is to file two separate cases one against CBN at high court,the other at supreme Court against the federal government.

They goofed

inoki247:
This breakfast go touch everybody una wey dey tell us to always du transfer na so MTN off Network for like 4hrs bkuz of hate some people love the policy and telling us to endure untop our money again....

My brother no be only MTN all networks join for the wickedness

God1000:
But supreme court gave a judgement

You mean Elrufai's bullion vans procured supreme court injunction

Today's 15. What is the supreme court saying as regards the old and new Naira notes?

StrongAlphMale:
Today's 15. What is the supreme court saying as regards the old and new Naira notes?

let's see what pans out today

fergie001:
I turned a beggar yesterday, moving from one place to another just to make sure I get home.

Even water, I could not take with old notes. God dey/

But I warned you guys on Monday.

Told you banks were deliberately closed because of that.

eastgates1:
I know but would you react to a request that you did not know about? They should have joined CBN to that case, that way when the court says halt CBN would halt by the way the case is not supposed to go to the supreme court at first it should have started at the high court then to the appeal before supreme court the governors also have abused the judicial process.

I think excluding the CBN from the suit was deliberate by the lawyers of the litigants.

If they had joined the CBN in the case, it would have been struck out at first sitting.

God1000:
But supreme court gave a judgement

The supreme court ordered FG and not CBN...

Pierocash:
The governor's that instituted the case thought they were smart. Should they include CBN,they know that the case will start from high court,and that will linger to supreme Court,and by then election would have come and gone,that is what they were trying to avoid so they started from supreme.


What they ought to have done is to file two separate cases one against CBN at high court,the other at supreme Court against the federal government.

They goofed

true they knew what they were doing and wanted to make CBN governor the bad guy so they could hang him.

Penguin2:


I think excluding the CBN from the suit was deliberate by the lawyers of the litigants.

If they had joined the CBN in the case, it would have been struck out at first sitting.

th
It would have been struck out or the judge would have recused himself from the case over lack of jurisdiction .

eastgates1:
th
It would have been struck out or the judge would have recused himself from the case over lack of jurisdiction .

Come on, what are you saying?

Do judges recuse themselves from cases their court has no jurisdiction over?

No. They simply decline jurisdiction and strike out the case.

Penguin2:


Come on, what are you saying?

Does judges recuse themselves from cases their court has no jurisdiction over?

No. They simply decline jurisdiction and strike out the case.

decline jurisdiction I meant to say it is usually the accused that asks for judges to recuse themselves

God1000:
but supreme court is the highest court in Nigeria, disobeying a judgement from the apex court isn't good

The federal government doesn't have jurisdictional powers over monetary and fiscal policies, the CBN does. The CBN not being joined in that suit makes that judgement a nulity against the FG because you can't give what you don't have.

On the other hand, the courts have no jurisdiction over fiscal matters and the governors knew that hence excluding the CBN from the suit and trying to use the suit to arm twist the FG to rein in the CBN, so as not to be seen to be disobeying court orders. In other words, the governors and the supreme court used the Nigerian people to play politics. Shame on those justices.

Penguin2:


I think excluding the CBN from the suit was deliberate by the lawyers of the litigants.

If they had joined the CBN in the case, it would have been struck out at first sitting.

Very true because of jurisdictional standings. The courts have no powers over fiscal responsibility of the CBN. It's like the Supreme Court ordering the CBN to turn ₦1 to $1. It's impossible 😂😂

Penguin2:


I think excluding the CBN from the suit was deliberate by the lawyers of the litigants.

If they had joined the CBN in the case, it would have been struck out at first sitting.

And without joining CBN, Emefiele can go ahead. Either way, the governors are fighting a lost battle

Foolishbuhari:

Very true because of jurisdictional standings. The courts have no powers over fiscal responsibility of the CBN. It's like the Supreme Court ordering the CBN to turn ₦1 to $1. It's impossible 😂😂

Don’t mind Tinubu supporters with cow dung for brains.

fergie001:
I turned a beggar yesterday, moving from one place to another just to make sure I get home.

Even water, I could not take with old notes. God dey/

😂😂.