Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,468 members, 7,808,677 topics. Date: Thursday, 25 April 2024 at 03:16 PM

Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back (34732 Views)

Nigerians Shun Supreme Court Order, Reject Old Naira Notes / CBN Asks Nigerians To Reject Old Naira Notes From Banks / The US Will Not Reject Old Dollar Notes From January 2023 (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by adenigga(m): 5:56am On Feb 14, 2023
There was pandemonium on Monday at the high courts in Lagos State as lawyers and litigants were unable to file their court processes using the old naira notes for payment.

Officials at the high court registries rejected the old naira notes, saying banks were no longer accepting them as legal tender.

The development brings a new twist to the lingering naira crisis the country is grappling with.

Account officers at both the Lagos Island and Ikeja high court registries insisted that new naira notes should be paid by lawyers and litigants, explaining that their attempts to pay old naira notes collected from court users into the government account were denied by banks.


A staff at the Ikeja High Court registry, who spoke on condition of anonymity because she was not authorised to speak on the matter, said they received a directive from their boss to stop collecting old notes because when they took old notes collected from court users to four different banks, namely FCMB, Polaris, UBA, and Fidelity, they rejected the old money.

The court official noted that, henceforth, lawyers and litigants must come with only the new naira notes.

One of the affected lawyers, who spoke to The PUNCH on the phone but didn’t want his name in print, said the registry at Osborne Division of Lagos High Court rejected the old notes and turned him back from filling his processes.


“Non-acceptance of old notes would be a catastrophe to the nation. The highest court in the land, Supreme Court, order is being flouted with impunity. It is obvious that the CBN, especially the CBN Governor, Godwin Emefiele, is ready to impose a state of anarchy on Nigeria by directing banks against the order of the apex court.”

The Supreme Court had on February 8, 2023, made an interim order, restraining the CBN from going ahead with the enforcement of its February 10, deadline for the use of the old naira note.

A seven-member panel of the court, led by John Okoro, gave the order of interim injunction amid an acute scarcity of the newly redesigned N200, N500, and N1,000 currency notes.

Last December, the CBN introduced the new notes amid efforts to fight corruption, terrorism, counterfeiting and related crimes.

However, Nigerians have had a hard time getting the new notes amid scarcity and rising tension across the country.

Source: https://punchng.com/Courts-reject-old-naira-notes-turn-lawyers-litigants-back

1 Like

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Buhari4sale: 5:58am On Feb 14, 2023
What kind of nonsense is that from a whole court of law.


More banks needs to be burnt

94 Likes 9 Shares

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Aminobrown(m): 6:07am On Feb 14, 2023
Even the courts are flouting the supreme court order.. 😂😂😂😂 .. Nigeria my country

331 Likes 24 Shares

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Ofunaofu: 6:08am On Feb 14, 2023
I keep asking, what happened to the Elrufai bullion vans procured supreme court injunction

96 Likes 5 Shares

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by fixedhollies(m): 6:08am On Feb 14, 2023
Wahala wahala wahala wahala wahala


Portable’s voice.

A country without respect for the rule of law. APC government has failed obeying law and order compared to any democratic government in Nigeria.

The truth is, we should just remove democracy from the constitution. And write a new constitution that favor our leaders!

39 Likes 1 Share

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by coolcharm(m): 6:09am On Feb 14, 2023
Lol... Even the courts know that the Supreme court gave a kangaroo judgment in the first place.

The SC never had the jurisdiction to entertain that case in the first place. We will find out tomorrow.

All criminal politicians and kidnappers must suffer losses.

tongue

134 Likes 6 Shares

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Olachase(m): 6:09am On Feb 14, 2023
Make them wait till them see new note then the matter no hard 😁😁

3 Likes 2 Shares

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by VeryWickedMan: 6:09am On Feb 14, 2023
Corruption Tinubu fighting back

65 Likes

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Lionmachala(m): 6:09am On Feb 14, 2023
Unbelievable

2 Likes

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by DMerciful(m): 6:09am On Feb 14, 2023
APC starched billions must expire in their bullion vans

68 Likes 3 Shares

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by drey076(m): 6:09am On Feb 14, 2023
grin
Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by pointblankeirie: 6:09am On Feb 14, 2023
shocked
Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by 4tomandchi: 6:09am On Feb 14, 2023
Wahala Wahala Wahala for who no know Buhari!!!

1 Like

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by odoemenacelevian(m): 6:09am On Feb 14, 2023
T
Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by odoemenacelevian(m): 6:10am On Feb 14, 2023
Aminobrown:
Even the courts are flouting the supreme court order.. 😂😂😂😂 .. Nigeria my country
e
Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Nyanabo(m): 6:10am On Feb 14, 2023
Same court Flouting it's own ruling. It's a pity. Seems there is no synergy between the upper and the lower courts.

7 Likes

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Johnrake69: 6:10am On Feb 14, 2023
Why are courts accepting cash for case filing?

24 Likes 2 Shares

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by inoki247: 6:10am On Feb 14, 2023
Lol we no even understand the country again...


And court no dey colet transfer....


CBN jus dish out foolish policy's no be everybody dey colet transfer Court no gri colet old or transfer na for Client to die for prison like this, FG hospital nd some hospital no dey colet transfer na for people to dey die any aw, Police sef no dey colet transfer people go sleep for cell tire...

6 Likes 2 Shares

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by odoemenacelevian(m): 6:10am On Feb 14, 2023
Buhari4sale:
What kind of nonsense is that from a whole court of law.


More banks needs to be burnt
j
Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by marley145: 6:10am On Feb 14, 2023
Nawa for this naija
Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by EmmyDJourno: 6:10am On Feb 14, 2023
Buhari’s Nigeria🤢
Poverty Capital😵
Second Terrorist Capital🤕
Confusion Capital🤧
Come add that fraud that claims he built Lagos🤮
God punish APC and their Urchins for making this land desolate💀
Peter Obi is coming😃

17 Likes 1 Share

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by AzizG550(m): 6:10am On Feb 14, 2023
A country that has no order,
No rules
No governance
Nobody checks anybody
A place where everyone does what he or she likes irrespective of court or government order
A no man’s land

12 Likes

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by sagitariusbaby(m): 6:10am On Feb 14, 2023
The various judgements coming from the Supreme Court in recent time has been nothing but sham, how else do you explain the recent cash and carry judgements emanating from there?

People that didn't participate in an election are being declared winner by these corrupt judges and you expect anyone to take their judgement seriously?

32 Likes

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Antoeni(m): 6:11am On Feb 14, 2023
Jaga jaga Judiciary

12 Likes 1 Share

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Dchampion65: 6:11am On Feb 14, 2023
This nation call Nigeria.
Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Spuggie: 6:11am On Feb 14, 2023
Amazing stuff
Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by davidluv(m): 6:11am On Feb 14, 2023
Very good development i must say. Nigeria must stand for something regardless of the temporary hardship it comes with. Way to go💪🇳🇬🇳🇬🇳🇬

5 Likes

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by BigBrother9ja: 6:11am On Feb 14, 2023
Good
Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Otunbakay(m): 6:11am On Feb 14, 2023
Hmm!
Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by Helpfromabove1(m): 6:12am On Feb 14, 2023
This one shock me , even court no obey court

12 Likes 1 Share

Re: Courts Reject Old Naira Notes, Turn Lawyers, Litigants Back by BigDawsNet: 6:12am On Feb 14, 2023
Court doesn't take transfer nii

5 Likes

(1) (2) (3) (4) (Reply)

One Reason You're Still Broke As Young Person / Court Orders GTB To Pay customer's Stolen 5 Billion! / Which Of These Business Should He Invest In With 600k Budget?

(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. 20
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.