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Nairaland Forum / Nairaland / General / Politics / President Buhari Apologizes Over Naira Redesign Policy (60621 Views)
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Re: President Buhari Apologizes Over Naira Redesign Policy by wolebest: 10:09am On Mar 04, 2023 |
ebukajay184: This President seems not to be intandem with reality on the streets. There is no economic sense in the Naira redesign policy. People are suffering, the truma of no cash is hitting hard. He should just obey the Supreme Court judgement. 2 Likes 1 Share |
Re: President Buhari Apologizes Over Naira Redesign Policy by Themanleshey: 10:09am On Mar 04, 2023 |
[quote author=God1000 post=121458533]He's a big disappointment, the policy didn't stop politicians from rigging the election[/quote Yes it really broke my heart that despite all his efforts , some tribal bigots still rigged all of their region election for their son for tribal reasons . Too bad that the eastern region rigged us black and blue !!! 1 Like 1 Share |
Re: President Buhari Apologizes Over Naira Redesign Policy by Jones4190(m): 10:09am On Mar 04, 2023 |
The Naira Redesign and Daily Cash Withdrawal Limit policies, are policies of the Central Bank of Nigeria. Only the Federal High Court has jurisdiction in disputes arising from or related to Central Bank policies, and anything having to do with the Naira as the Legal Tender in Nigeria. Section 251(1)(d) Constitution of the Federal Republic of Nigeria, 1999 provides: “Notwithstanding anything to the contained in this Constitution and in addition to such other jurisdiction as may be conferred upon it by an Act of the National Assembly, the Federal High Court shall have and exercise jurisdiction to the exclusion of any other court in civil causes and matters — connected with or pertaining to banking, banks, other financial institutions, including any action between one bank and another, any action by or against the Central Bank of Nigeria arising from banking, foreign exchange, coinage, Legal Tender , bills of exchange, letters of credit, promissory notes and other fiscal measures…”. Thus, it is submitted that the proper court to have filed the case is the Federal High Court, and not the Supreme Court. Besides, it is submitted that, the proper party to sue is the CBN not federal government. 1 Like |
Re: President Buhari Apologizes Over Naira Redesign Policy by 8stargeneral: 10:10am On Mar 04, 2023 |
Yo boost economy....thought you said is for stop vote buying...useless president |
Re: President Buhari Apologizes Over Naira Redesign Policy by BestMan001: 10:10am On Mar 04, 2023 |
We don't want it Take it back |
Re: President Buhari Apologizes Over Naira Redesign Policy by Bluffly: 10:11am On Mar 04, 2023 |
vision2050:The banks sabotaged by yet failing to fulfill the traditional banking principles of taking money from the surplus to the deficit. All the cash the banks received was giving to their own big guns rather than circulating it. Going forward 1k and 5h should be drastically stepped down and increase lower notes with the highest having lesser number of notes in circulation. 1 Like |
Re: President Buhari Apologizes Over Naira Redesign Policy by Nobody: 10:12am On Mar 04, 2023 |
Lol how many times he wan Apologize. Besides why is he Apologizing sef. Zombies & Urchins doesn't deserve any Stupid Apology. What they deserve is more Hardship than he is melting on them. I trust Chicago Boy to do the Needful i am expecting on these Zombies & Urchins😂 Buhari is too Lenient. |
Re: President Buhari Apologizes Over Naira Redesign Policy by kenafrica: 10:12am On Mar 04, 2023 |
8 years of bad luck, only God knows how buhari manages his home. |
Re: President Buhari Apologizes Over Naira Redesign Policy by 0monnak0da: 10:12am On Mar 04, 2023 |
dfrost:I am now your PA? |
Re: President Buhari Apologizes Over Naira Redesign Policy by Nobody: 10:13am On Mar 04, 2023 |
adioolayi:Buhari is sick and incapable of making crucial decisions. This is a clear handwriting of Emefiele and his godfathers. |
Re: President Buhari Apologizes Over Naira Redesign Policy by SirLakes: 10:13am On Mar 04, 2023 |
The only old Naira that's not in the CBN right now is in the hands of emiloCorn 🌽 and his geng Geng of thieves 1 Like |
Re: President Buhari Apologizes Over Naira Redesign Policy by ORIAYO70(m): 10:13am On Mar 04, 2023 |
SpecialAdviser: Dangerous dogs r in pain. |
Re: President Buhari Apologizes Over Naira Redesign Policy by dfrost: 10:14am On Mar 04, 2023 |
GloriousGbola: I saw what you did 🤣😋😝 |
Re: President Buhari Apologizes Over Naira Redesign Policy by Flaame(m): 10:15am On Mar 04, 2023 |
Buhari4sale:You really don’t have to talk again cos your wisdom is so wack,limited, and full of thrash. In a full passage I couldn’t pick out anything meaningful. Waste of s*men! |
Re: President Buhari Apologizes Over Naira Redesign Policy by nzebig: 10:16am On Mar 04, 2023 |
[color=#990000][/color]And you fit hack INEC server Mr Hacker Pantakul: |
Re: President Buhari Apologizes Over Naira Redesign Policy by dfrost: 10:16am On Mar 04, 2023 |
0monnak0da: Definitely not. I mean you have to provide proof of what you said you saw. Not that hard, mate. |
Re: President Buhari Apologizes Over Naira Redesign Policy by jogojogo: 10:17am On Mar 04, 2023 |
ebukajay184: I thought the clueless Peter obi said we should be patient and now the owner of the policy has rejected the policy. What will Peter Obi and his co traveller Atiku say? 1 Like |
Re: President Buhari Apologizes Over Naira Redesign Policy by chivic(m): 10:17am On Mar 04, 2023 |
[quote author=God1000 post=121458533]He's a big disappointment, the policy didn't stop politicians from rigging the election[/quote It did my brother, the rigging was there,but vote buying was extremely reduced .The rigging aspect will be exposed due to technology .It's just a matter of time 1 Like 2 Shares |
Re: President Buhari Apologizes Over Naira Redesign Policy by Nobody: 10:17am On Mar 04, 2023 |
Naira Redesign Policy is a political anti people policy orchestrated by the wicked creature in the wrong position to cause serious hardship through socio-economic sabotage it was intended to ignite and get people to revolt against the ruling party. I believe Mr President has understood the game played now by the cabals who did that using a dirty hand of Emefiwere to do the dirty job. Your apology is honorably accepted sir. |
Re: President Buhari Apologizes Over Naira Redesign Policy by BJanta: 10:17am On Mar 04, 2023 |
SpecialAdviser: You've to tell me you never supported it . The the problem with you Ibos is that you is that generally, your mental capacity is so terribly limited that you think beyond the immediate. And all you can do is to insult, showing a great mental handicap for intelligent reasoning and wise and fruitful engagement in discussion. That's why an Iboman can NEVER be a president in Nigeria, take it or leave it. |
Re: President Buhari Apologizes Over Naira Redesign Policy by hush15: 10:18am On Mar 04, 2023 |
God1000: The policy was part of the election manipulation plan jare 1 Like 1 Share |
Re: President Buhari Apologizes Over Naira Redesign Policy by Invest4growth: 10:18am On Mar 04, 2023 |
Then Do the right thing Are we going to continue like this |
Re: President Buhari Apologizes Over Naira Redesign Policy by mastermaestro(m): 10:18am On Mar 04, 2023 |
SpecialAdviser: I can categorically affirm that you are shameless. You lots were celebrating Buhari a few weeks ago for this same myopic, ill-fated monetary policy even when some of us pointed out the inherent flaws and sufferings that would follow. Now you are back shifting goalposts because your preferred candidate lost. You guys should learn to be objective irrespective of your political affiliation. Sometimes I wonder what kind of education some of you have. Only a daft person would not have perceived that it was a dumb policy all along. How could anyone tackle electoral fraud using Naira redesign? That's why I asked one of your fellows, "Are we going to have to redesign the Naira before every general election in order to tackle electoral corruption?" You may want to answer this question. 1 Like |
Re: President Buhari Apologizes Over Naira Redesign Policy by Abdul4trust1(m): 10:18am On Mar 04, 2023 |
SpecialAdviser:move on please |
Re: President Buhari Apologizes Over Naira Redesign Policy by Moh247: 10:18am On Mar 04, 2023 |
Oga do give away if you are truly sorry, credit young Nigerians with the remaining AsoRock maintenance budget and you security votes . |
Re: President Buhari Apologizes Over Naira Redesign Policy by Inner19(m): 10:19am On Mar 04, 2023 |
To apologize no dey hard them |
Re: President Buhari Apologizes Over Naira Redesign Policy by aloaye11: 10:19am On Mar 04, 2023 |
It is such a shame |
Re: President Buhari Apologizes Over Naira Redesign Policy by iammolise(m): 10:19am On Mar 04, 2023 |
God1000:The policy was created for rigging, he delibrately made that policy to aid his comrade BAT. 1 Like 1 Share |
Re: President Buhari Apologizes Over Naira Redesign Policy by dapsoneh: 10:19am On Mar 04, 2023 |
To oo oo late! Failed attempt at stopping Jagaban but you failed |
Re: President Buhari Apologizes Over Naira Redesign Policy by Unchecked: 10:20am On Mar 04, 2023 |
Never seen a democratic government that the president is so powerful that he can easily override the decision of the supreme Court. 2 Likes 1 Share |
Re: President Buhari Apologizes Over Naira Redesign Policy by Lightorder: 10:20am On Mar 04, 2023 |
Oga keep your apologies, it doesn’t fix it. Now I have seen that the policy was rather targeted at the opposition parties. This made even Atiku go dollar. holding back N500 and N1000 denominations would have been best for this economy but nothing good will ever come from Buhari’s APC government . Now his gang members can now enjoy their loot and the price of commodities will soar as high as the high denominations. APC , thunder must fire all of you. You will all end in shame and disgrace Before you come to scream ‘fake news’ , on of my in-laws from IMO state APC went home with somes wads of dollar bills |
Re: President Buhari Apologizes Over Naira Redesign Policy by Taiggarr: 10:22am On Mar 04, 2023 |
God1000: Like how Labour Party rigged @ Enugu/Imo/parts of Lagos..
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