Okay

At this stage of the naira redesign the problem is not about the extension of the timeline but the none availability of the new notes.

Because for now from my view over 80% of the old naira notes were already with the CBN

Except the president would ask the CBN governor to open the vault and bring out the old naira back in circulation.

I don't see that happening, so the way forward is the rapid printing of the new notes as well as rapid circulation.

Ok

Why are you repeating what everyone already knows? I was searching for something new. It's a useless write up.

Alright!

Ogbuefi2020:
For those celebrating carelessly, the judgement is not what you think



https://www.google.com/amp/s/punchng.com/new-naira-things-to-know-about-supreme-court-judgement/%3famp

So what are you crying about?

No one said the Supreme have giving a final judgement on the issue

tradepunter:
Rubbish

It is now rubish?
It buys more time.
Meaning,it will just a week from Election,this is also bad to vote buyers

AT LAST

I will soon reach front page here

Who cares about Feb10 Awon werey

w

The deadline won't change. Neither CBN or the commercial banks was joined as parties to this suit. The 3 state governments simply took advantage of the fact that in matters purely between the state and the FG the supreme court can serve as a court of first and only instance. Joining CBN in the matter would immediately rob the supreme court of jurisdiction. Sadly, the attorney general cannot issue a binding order on the CBN governor, the CBN act didn't contemplate such and the interim order is simply an academic attempt at grandstanding. They're indeed forces determined to derail the forthcoming elections and trigger social unrest. If your ATM card is working go to any large supermarket and stock up. The next 3 weeks are exciting times to come. I forgot to add that only CBN is empowered by law to determine what is termed legal tender. As for this set of JSCs, they've taken judicial rascality to the high heavens. One day soon we will put the searchlight on how supreme these odoriferous judges have become.


I got the this from a lawyer's forum I belong to.

This is like postponing the day of evil

The deadline must remain

I no agree wit d judgment, dis one na backyard judgment, come to think of it, why is it that is only d APC govt went? Coz there aim of vote buying will be actualize, may God help us.

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Mitsurugi:
The deadline won't change. Neither CBN or the commercial banks was joined as parties to this suit. The 3 state governments simply took advantage of the fact that in matters purely between the state and the FG the supreme court can serve as a court of first and only instance. Joining CBN in the matter would immediately rob the supreme court of jurisdiction. Sadly, the attorney general cannot issue a binding order on the CBN governor, the CBN act didn't contemplate such and the interim order is simply an academic attempt at grandstanding. They're indeed forces determined to derail the forthcoming elections and trigger social unrest. If your ATM card is working go to any large supermarket and stock up. The next 3 weeks are exciting times to come. I forgot to add that only CBN is empowered by law to determine what is termed legal tender. As for this set of JSCs, they've taken judicial rascality to the high heavens. One day soon we will put the searchlight on how supreme these odoriferous judges have become.


I got the this from a lawyer's forum I belong to.

I pity those taking Tinubu and El Rufai seriously

I believe these words were coined for Nigeria ( extension and suspension)

The governors will still win the substantive suit.

Piiggiiddioootts amaka

Biodun556:
Wether 10th or 15th, the naira swap is already watery. Thanks to Tinubu for standing firm.

No hope for vote buyers but you can continue consoling yourself

Siwisheswereesh:
The governors will still win the substantive suit.

Piiggiiddioootts amaka

Governors will win the presidency? Urchins sef.

Jagaban all the way.. senior politician..

opalu:
Use.less Political Justices
Their evil judgement given to Lawan is still a pain on the conscience of the Nation

It's Lawan that's your headache bcoz of hatred when the judgement is the same with Sen. Adamu Aliero in kebbi state but hypocrisy would not allow you to condemn that.

If this is the price we have to pay to get it right so be it we can't continue in this trajectory even Buhari knows that this politicians are greedy and hopeless Hw can some useless elements see governance as a business venture we will revisit this after election for now no to vote buying

saintopus:
At this stage of the naira redesign the problem is not about the extension of the timeline but the none availability of the new notes.

Because for now from my view over 80% of the old naira notes were already with the CBN

Except the president would ask the CBN governor to open the vault and bring out the old naira back in circulation.

I don't see that happening, so the way forward is the rapid printing of the new notes as well as rapid circulation.

No rapid circulation till after elections. You better get prepared. Don't let urchins deceive you. Buhari is determined to stop vote buying

Ogbuefi2020:

Governors will win the presidency? Urchins sef.

Na today APC primaries, Land Use Act, Excess Crude Account etc etc

Piiggiiddioootts are forgetful dulllaardds

Piggiiddiootts amaka

The scarcity of currency and petrol are carefully staged and programmed strategies to postpone the general elections in Nigeria. They are working from the answer back to the question/problem.
It is all a convulted situation.

Wuruwuru country...
And the toughness continues...

This extension will make things worse.

If we stuck to the deadline of 31st, things won't be this bad. What is the difference between 10 & 15.

People are not depositing old naira. It is the none availability of new notes that is the issue.

I went to GTB here in Lagos today and they said no withdrawal over the counter and the ATM was not dispensing. If people had access to 5000 naira daily or even 3 times a week, there will be no noise.

Small cash is used for transportation and buying food and toiletries. every other thing can be transferred.

The more we push the deadline, the more suffering continues and POS operators cash out .

Any shift of the deadline without release of the new note will plunge people into more hardship.

We rejoiced last wekk when it was shifted only for this week's hardship to be more.

CBN will not return any old currency it has retrieved. People are careful of spending the new currency they have.

No one is depositing any money now. Bank solely rely on CBN supplies.

If they extend it, they cannot force CBN to push out new notes. I believe CBN is waiting to push the new notes out after the deadline.

That is my line of thought, I may be wrong

Let's hope for the best.
As much as you can do most of your payment through online transactions and leave the cash for highly essential items that demands cash

Let's watch and see.

Biodun556:
Whether 10th or 15th, the naira swap is already watery. Thanks to Tinubu for standing firm.

Watery like you excreta