₦airaland Forum

baralatie:
That emefiele has been acting on his own volition as the head/Governor of the CBN...the answer is yes!
That he gothe got it wrong and had to be corrected by the National Assembly...Yes!
That states of the federation approached the supreme court with an argument before the lordship that the CBN directive and plans are designed to destroy the financial of its citizens .....yes the can.


So it is left for the CBN governor to approach the supreme court to clarify the issues and profer solution before the action of the CBN leads to chaos!


Do you get the drift now!


Therefore that pipu should or are encouraging the CBN to ignore the supreme court justices.hian! The way DSS will bundle him ehn! Buhari will just look at find another replacement for CBN governor

That you think that Emefiele get the liver to act outside directives from PMB is hilarious.

If he is acting on his own, why is he now reportedly meeting with PMB?

Indispensable85:
The implementation is the problem here and that's obviously the handiwork of Emiefele and probably some unseen hands from behind.

And Buhari is unaware of what is happening?

biina:
That you think that Emefiele get the liver to act outside directives from PMB is hilarious.

If he is acting on his own, why is he now reportedly meeting with PMB?

Is Buhari the CBN governor that tabled the idea the cash swap policy?
Or is it Buhari that said cbn has capacity to print the new naira notes?

kcnwaigbo:
And Buhari is unaware of what is happening?

Lol.....is Buhari ever aware of anything? Somebody that said he never knew that the IG he mandated to go to Benue didn't go after weeks of the order. People are just taking advantage of the dullness of the man. I think everyone knows this by now.

Indispensable85:
Eternal fool.......
I'm enjoying your hot tears. Cry blood! Hopeless bastard! Una go cry tire

Me tears? I see why they refer to you guys as urchins. Not everyone is suffering and smiling like you perpetual fools.

ufotunang:
This is good news......let nigerians use the old and new naira notes together... until the old notes gradually face out and the new notes is circulated everywhere

And if they really want to curb vote buying, they can then reinstate the 20k withdrawal limit whether for old notes or new notes, over the counter and in the ATMs till the election ends.

Corruption is fighting back.
Politicians will become the new bank now

Very soon bank of agbado will be made open

Rubbiish:
Because they clearly have no cash stashed somewhere for vote buying. Why is it that only APC members & governors are against this policy? Months of ASUU strike & fuel scarcity they didn't head to court, just few weeks of naira change, they are already in court. Are u telling me the governors are suffering the scarcity? When did they start suddenly caring so much about the common man? We all know the reason for all these moves...Except u choose to lie to yourself

You must be opportuned to listen to and follow the news. 36 state governors are against the policy and stood, met, went to court because of it.
https://guardian.ng/news/supreme-court-ruling-on-naira-re-design-saves-nigeria-from-economic-shutdown-tinubu/

You don't eat your nose to spite your face. It takes a height of self deceit or total ignorance for one to assume the PDP and LP doesn't have cash for vote buying. Or you are very young. Do you assume that politicians, not to talk of Atiku or Obi and state governors don't have access to new notes?
You cannot compare ASUU strike to what is currently happening that indeed afects EVERYBODY. There are millions of Nigerians that have nothing to do with ASUU. On the other hand, ALL Nigerians deal with money. There are many millions unreached by banks. There are millions without bank accounts. You can imagine that you in the city with many ATMS and bank branches are struggling to change the money. Try to imagine what others are/have being going through.

Jessewizy:
It’s going to get worse.
Old naira you won’t see.
New naira you won’t see.
Who suffers? The Masses. It’s all power play.

I tell u bro. U remember the masses have been forced to deposit their old naira note abi......hmmmmm. If Nigerians like make them vote APC back to power, na them sabi

Image123:
You must be opportuned to listen to and follow the news. 36 state governors are against the policy and stood, met, went to court because of it.

Oga we all know what is going on
Who are the governors that went to court?
Even Atiku has clearly stated the deadline should not be extended & we know the reason buhari came up with this cashless policy, it is to curtail vote buying, but why are APC governors running from pillar to post? When did they start caring so much about the common man? This policy was suggested because of tinubu & APC members, u can see how restless they are, proving buhari right. If they have no fear this new naira is going to affect their vote buying capacity, they wouldn't be making so much noise. Let Nigerians bear this till 25th of this month, it is for our own good!

Rubbiish:
Oga we all know what is going on
Who are the governors that went to court?
Even Atiku has clearly stated the deadline should not be extended & we know the reason buhari came up with this cashless policy, it is to curtail vote buying, but why are APC governors running from pillar to post? When did they start caring so much about the common man? This policy was suggested because of tinubu & APC members, u can see how restless they are, proving buhari right. If they have no fear this new naira is going to affect their vote buying capacity, they wouldn't be making so much noise. Let Nigerians bear this till 25th of this month, it is for our own good!

For your own good? i don't have time to argue commonsense. Watch Tinubu trounce you and your principal silly again and agin. Nuff said.

Image123:
For your own good? i don't have time to argue commonsense. Watch Tinubu trounce you and your principal silly again and agin. Nuff said.

Only those that align with tinubu are against this new policy? Why? This is the big question? What are u people so much afraid of?

Rubbiish:
Only those that align with tinubu are against this new policy? Why? This is the big question? What are u people so much afraid of?

It means Tinubu will win by millions of votes because the suffering Nigerians including the IMF are against the madness. By your estimations, they are aligned with Tinubu.

Image123:
It means Tinubu will win by millions of votes because the suffering Nigerians including the IMF are against the madness. By your estimations, they are aligned with Tinubu.

Senseless followers will always align with their master & that is what u all are doing. Hoping to buy votes with old notes. If that isn't case, why the so much fear among the APC camp as regards this new policy?

edlion57:
These governors are our problems,they are fighting us in the name of working for us

How does the action of the Governors and the Supreme Court judgement translate to fighting you and the people in the name of working for you?

It is no more news that deadline stipulated for the cash swap as well as the overall implementation of the policy has left a lot to be desired and brought a lot of hardship upon the general populace. People are sleeping overnight at ATM sites, attacking banks and bankers, POS Operators are charging exhorbitant rates for cash withdrawals and riots are almost breaking out in multiple cities across the country. And you expect reasonable Governors to keep quiet when Buhari and Emefiele remain adamant?

The Governors approached the Supreme Court with cogent arguments to warrant the suspension of the deadline and you now label that as working against the people? Which people? The people that are experiencing all these hardships or the ones in diaspora that are insulated?

yemi1504:
And if they really want to curb vote buying, they can then reinstate the 20k withdrawal limit whether for old notes or new notes, over the counter and in the ATMs till the election ends.

. They cannot curb vote buying the politicians are already with huge amount of the new naira notes in their house which they will use for voting buying...the MD of the banks are the one hoarding the new naira notes and secretly giving it to the politicians and collecting huge commission, bribe from the politicians

Clevite:
. To be ignorant is one serious thing, but to be confident in ignorance is the most sorry thing.

You see how foolish you are. I guess you know more than the SGF.

Clevite:
Both you and the person that calls himself the Great Oracle whose tweet you're quoting are both ignorant of the law. Saying that the Supreme Court is not the proper court to start or to adjudicate this matter is a serious manifestation of lack of knowledge of the law on your part.

And it is obvious that you're not ready to learn, despite quite a number of people that have corrected you that the Supreme Court is the only and proper judicial authority with the jurisdiction to entertain any suit involving State Governments and Federal Government. Yet, you're not satisfied but still went ahead to quote the tweets of a fellow ignorant person in a matter of law both of you know nothing about. It's not a good thing to allow your emotion to dictate to you on issues.

You see how foolish you are. I guess you know more than the SGF.

soojar:
Sir, you are quoting a thread by someone who is probably as naive, I am telling you what the constitution says. Matters between state and federal governments are only settled in supreme court.

Nothing concerns the state governors with CBN as they can't give it directives, it is the FG that will instruct the CBN to obey court order.

I also try to learn new things everyday, so if there is any authentic contrary fact to the above, I'm ready to learn.



We learn everyday

You see how foolish you are. I guess you know more than the SGF.

BreconHills:
I am glad you said I am speaking rubbish. So I want you to judge what you have just said against the Constitution of the FRN

Section 230 to 236 of the 1999 constitution of Nigeria mention all about the Supreme Court.

However, section 232(1) specifically provides that “THE SUPREME COURT SHALL, TO THE EXCLUSION OF ANY OTHER COURT, HAVE ORIGINAL JURISDICTION IN ANY DISPUTE BETWEEN THE FEDERATION AND A STATE OR BETWEEN STATES

Just because some olodo's went to the high court does not mean that states have to follow their error. The action of the states was the correct reading of the constitution.

So please judge what you have written. Rubbish or what?

The law is clear states vs states or states vs FGN starts and finish in the Supreme Court.

You see how foolish you are. I guess you know more than the SGF.

engrlarex:
You don't know law. Whenever a case is between the state government and FG, the matter is adjudicated directly at the Supreme Court.

You see how foolish you are. I guess you know more than the SGF.

Joevics:
You see how foolish you are. I guess you know more than the SGF.

I don't call names. The way you appear in public is as a result of your twisted or upright upbringing.

The SGF is trying to claim the case SHOULD be between CBN and states in which case it would be High court Jurisdiction.

The governor rather sued the FG and not CBN in which case it has become a supreme court matter.

Half education is worse than no education.


We learn everyday.

Rubbiish:
Senseless followers will always align with their master & that is what u all are doing. Hoping to buy votes with old notes. If that isn't case, why the so much fear among the APC camp as regards this new policy?

Use your tongue to count your teeth, there's about 17days left(by the special grace of God) for you to change to full gear wailing.

Image123:
Use your tongue to count your teeth, there's about 17days left(by the special grace of God) for you to change to full gear wailing.

If this new cashless policy is successful Godwilling, u & I know your master can never win this election. Without vote buying, he is a loser.

Rubbiish:
If this new cashless policy is successful Godwilling, u & I know your master can never win this election. Without vote buying, he is a loser.

My Master doesn't need an election, wake up.

UnfairLife7:
Lol

Keep your emotions aside before speaking bro

The law court has the final say on any subject matter

Lies, it's the constitution that has the final say.
If the constitution vedted the cbn such powers, the supreme court can't do jack...
Rubbish

123readygo:
Disputes between Federal Government And States are determined by Supreme Court

baralatie:
Ok
It means the judgement will be copied to the CBN,office of the president,minister of finance and the bankers union

Clevite:
This injunction effectively overrules the order of the High Court of FCT that earlier restrained the CBN from extending the date beyond February 10.

Does the Supreme Court have the powers to rule on monetary policies initiated by CBN❓

My belief is that the Supreme Court doesn't have the powers to dictate to the CBN on such affairs.

charlsecy:
Does the Supreme Court have the powers to rule on monetary policies initiated by CBN❓

My belief is that the Supreme Court doesn't have the powers to dictate to the CBN on such affairs.

According to ozekhone SAN
The Supreme Court has not decided the matter. All it has done is to fall back to a decision like Kotoye v. CBN, that in matters of extreme urgency, you can grant an interim order, even if it be ex parte, to prevent the subject matter of the suit being truncated.

Therefore on the 15th we will know if the supreme court has jurisdiction to entertain the case

Joevics:
You see how foolish you are. I guess you know more than the SGF.

Hahaha has the SGF been at the bar since 1982? You think everyone on NL is your age?

The fact that the Federal High court has jurisdiction on matters relating to currency does not give it jurisdiction on a matter bought by a state against the FGN or another state whether on currency or on any other matter.

And it is trite that the SC is a superior court to the FHC.

You guys and the SGF and the MoJ were snookered by a very simple constitutional law matter. Sometimes I wonder what it takes to become the MoJ? It certainly isn't a sound knowledge of law.

Is this not the same guy that has exposed the FGN to a reserve draining USD $1.7bn court loss to JP Morgan?

Rely on political appointees at your own risk.

MartinsD12:
New naira notes in short in supply full stop.

if you said "CBN distributed , even banks sold to some business men POS operators"

how did you now come to the conclusion that "even POS don't have the new money"?

lexy2014:
if you said "CBN distributed , even banks sold to some business men POS operators"

how did you now come to the conclusion that "even POS don't have the new money"?

?