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Nairaland Forum / Nairaland / General / Politics / Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes (12906 Views)
Kogi Govt Orders Arrest Of Persons, Businesses Rejecting Old Naira Notes / Ogun Govt to Revoke CofO Of Any Commercial Outlet Rejecting Old Naira Notes / States, Police Clamp Down On Traders Rejecting Old Notes (2) (3) (4)
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Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Chidibe212(f): 11:27pm On Feb 14, 2023 |
femisplash: Does CBN as a body take orders from the so called supreme court that supercedes? 4 Likes 1 Share |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by HNICEARTH: 11:28pm On Feb 14, 2023 |
sapele914: Buhari reappointed him in 2019. Buhari had the opportunity to shop for a new CBN governor but decided to reappoint emefiele. So put the blame on buhari/APC 4 Likes |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by dominic17: 11:31pm On Feb 14, 2023 |
He doesn't have the power to shutdown bank sapele914: 4 Likes |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by femisplash: 11:32pm On Feb 14, 2023 |
Chidibe212:Supreme Court's order is binding on all persons and institutions in the country. Are you an illiterate? 2 Likes |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by PeterObi4LP: 11:35pm On Feb 14, 2023 |
Why are all the SW governor's against this Naira swap? Is it affecting their state the most or they are scared of their loot not to be a waste? Yoro I need answers 1 Like |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Ruggedniggaone: 11:38pm On Feb 14, 2023 |
TheSameGuy:ori baba e ti daru,tinubu ko efun Ronke ni ode shameless man campaigning for someone who will be disgracing Nigeria with his balabulu nonsense God go punish anybody that vote apchit after the hardship apc government brought upon Nigerians if Nigerians failed to destroy apchit with their votes they will destroy Nigeria and Nigerians with thiefnubuu as president 3 Likes |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Chidibe212(f): 11:55pm On Feb 14, 2023 |
femisplash: To the Educated one, please read below.... "IN THE INTERIM, the Federal Government of Nigeria and its agencies, including the CBN, are bound by the valid and subsisting ex parte order of the Supreme Court of Nigeria until it is set aside by the same court." For more guidance, put this on your browser or Google : Does cbn take orders from supreme court of Nigeria Lastly, Check the meaning of INTERIM and also INTERIM GOVERNMENT. Come back and still educate/school me on this matter (Does cbn take orders from supreme court of Nigeria) but know I will not insult you like you have tagged me illiterate. Also educate/remind me if we are now ruled by an INTERIM government already. I am waiting to be educated by you. Thanks in advance |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Savedday2: 12:01am On Feb 15, 2023 |
See this mugu governor! Instead, the banks won't open for business activities. U will go force them from their huz to open and collect old naira note. 2 Likes |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by femisplash: 12:14am On Feb 15, 2023 |
Chidibe212:You are even worse than an illiterate, you can read but lack the abilities to comprehend. You quoted an order of the Supreme Court yet you lack the brain to understand a line of it. But asking me to go check the meaning of Interim Government. Where do you see Interim Government anywhere in the order? An illiterate like you should first understand some simple words of English before coming out to argue to avoid embarrassing yourself. Now, go back to your dictionary and look up the meaning of; 1. "in the interim" 2." valid" 2. "Bound by" Then you would understand that the order is binding on the federal government and the CBN until the case is finally determined by the Supreme Court itself. |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Chidibe212(f): 12:33am On Feb 15, 2023 |
femisplash: I am happy you are awake and still insultive Synonyms for INTERIM below.. *temporary. *provisional. *transitional. *short-term. ad interim. *alternate. *provisionary. *provisory. The synonyms should educate you that the CBN doesn't answer to the supreme court rulings. Until the 15th or so for hearing of this their useless order then you will be more educated if the CBN really takes order from the supreme court. Bye 1 Like |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by femisplash: 12:47am On Feb 15, 2023 |
Chidibe212:You're an airheaded clown. I asked you to look up the phrase " in the interim". NOT " interim". You need to take your Jamb classes very seriously, it seems you run after boys than you read your books. " The ruiling is binding on CBN until it is vacated". When you get to your Jamb class, ask your teacher to educate you on the powers of the Supreme Court. |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by anyilalaz: 2:19am On Feb 15, 2023 |
femisplash: My entitled opinion, though am not a learned person. The CBN was not joined in the sue. The court does not rule in a case not brought before it. Meanwhile, CBN as an independent body is empowered by 2007 Acts as Amended. See below section. The CBN Act Section 2 (b) mandates the Central Bank of Nigeria to be the sole issuer of legal tender currency in Nigeria. The CBN regulates the volume of money supply in the economy in order to ensure monetary and price stability. The Currency Operations Department is responsible for currency management through the planning, procurement, distribution, processing, reissue and disposal of banknotes and coins. The currency structure comprises of three coin denominations (50k, ₦1, and ₦2), eight banknote denominations (₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500 and ₦1000) and Central Bank Digital Currency (eNaira). . The state government been a second tier of government, has no say in matters in exclusive list as per the 1999 constitution as amended. "Even the FGN can not issue directives to the CBN if it does not want" except the CBN is amended giving the former to make pronouncements. The governors are only tweaking on people emotion and for they selfish electioneering sympathy. That was the reason the governors that sue the FGN didn't not include the CBN, else case will come high court, appeal court to the Supreme Court. 4 Likes |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by anyilalaz: 2:23am On Feb 15, 2023 |
Chidibe212: Supreme Court entertaining the case between FGN vs State is in order. This is one and the only time such precedent is allowed by the law. |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by michlins(m): 2:51am On Feb 15, 2023 |
TheSameGuy:so we should vote APC to cancel out a policy of the same APC right? 3 Likes |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by 2mch(m): 3:04am On Feb 15, 2023 |
Chidibe212:Everybody obeys Supreme Court. 2 Likes |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by HIGHESTPOPORI(m): 3:20am On Feb 15, 2023 |
Aldol:You mean the policy that Nigerians know he is crying because he wants to buy votes with looted funds 1 Like |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Aldol: 3:59am On Feb 15, 2023 |
HIGHESTPOPORI:No it's the policies that Igbos think not Nigerians pls. All Nigerians are not stupid.Everybody knows it's only the Igbos that are happy with how Nigerians are suffering, same reason you are supporting Obi and imposing him on us despite knowing he is a calamity because to you it's a payback time to Nigerians. This Naira policy has exposed your evil intention towards Nigerians and Nigerians can now see through your deception. This means God forbid if obi emerge president and brings out bad policies , you lots will support him so long as it is making Nigerians suffering and Nigerians dare not complainObi will fail woefully because of this. For Tinubu to boldly speak against the evil policy and for the actions of some governors to ensure both old notes and new notes should continue to be a legal tender just to make life easier for them will melts their hearts.And those who still have the old naira notes( many Nigerians including keke riders bike men , market people, etc the only way for their money not to be a waste is to vote Tinubu because they know only Tinubu will extend the deadline for like 6months and ensure more notes are available in the bank. IT IS ALSO A KNOWN FACT THAT YOU IGBOS ARE ALWAYS HAPPY WHENEVER NIGERIANS ARE SUFFERING OR IF THERE ARE BAD NEWS IN NIGERIA BUT FROWN WHENEVER THERE IS GOOD NEWS ABOUT NIGERIA. That's the level to which you hate Nigeria but God will never allow your Obi win 2 Likes |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Winters23: 4:35am On Feb 15, 2023 |
TheSameGuy: I tried my best to avoid laughing in an ungodly manner 1 Like
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Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by harmargedon: 4:47am On Feb 15, 2023 |
ryloy:nah only mouth una get. 1 Like |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by ufotunang: 5:00am On Feb 15, 2023 |
Ayed44:. But the supreme Court said the.old naira notes is still a legal tender and should be accepted to further notice... federal government and CBN must obey the law |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by ufotunang: 5:03am On Feb 15, 2023 |
APC, Buhari, CBN bring confusion everywhere... nigerians avoid them |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by ufotunang: 5:06am On Feb 15, 2023 |
PointZerom:. The supreme Court said the old notes is still a legal tender and should be accepted till further notice....the federal government and CBN should obey the court order. This is democracy not military regime |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by wethebest(m): 5:07am On Feb 15, 2023 |
Dullard governor |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by ufotunang: 5:10am On Feb 15, 2023 |
jmoore:..abi.. Buhari that is the bad person causing all this problems they are not blaming him...if it was a foreign country...they would had impeached Buhari for incompetence,bad policy and bad goverance |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by wethebest(m): 5:11am On Feb 15, 2023 |
press9jatv: Ur source and link to the online form? |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by famouscargo4u: 5:12am On Feb 15, 2023 |
Madrina: No, that's the best thing to do. |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by famouscargo4u: 5:13am On Feb 15, 2023 |
Ayed44: What of the CBN that refused to listen to Supreme court judgement 1 Like |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Brushstrokes20: 5:31am On Feb 15, 2023 |
CORRECT !... The lawless, lifeless animal in human skin/ emeFAILURE are NOT ABOVE THE SUPREME COURT!... They're law breakers and common CRIMINALS Other SANE governors should do same! Buhari is Nigeria's WORST BLUNDER Nig urgently needs a SANE AND SOUND LEADER 1 Like |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by starstaz(m): 5:43am On Feb 15, 2023 |
The moment a whole CBN jettison the rule of law, no sane person should take her serious . If u dabu me , I will tarka u. |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by Teymanhenry(f): 5:45am On Feb 15, 2023 |
This is what happens in a confused country. The president cannot always just bring out policies that will suffer and kill the masses and yet no protests whatsoever? This policy is clearly targeted towards the general election. |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by lexy2014: 6:01am On Feb 15, 2023 |
TheSameGuy: But Tinubu still supports buhari who gave Emefiele the go ahead to implement this lpolicy. Tinubu still continues to support buhari despite being a disaster for 8years 2 Likes |
Re: Ogun Government Threaten To Shut Commercial Banks Rejecting Old Naira Notes by lexy2014: 6:04am On Feb 15, 2023 |
press9jatv: Nigerians are too eager to suffer. Pls what is the benefit of what you have typed? After depositing old notes, will they get new notes? People are suffering for cash and you are talking of deposit |
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