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Nairaland Forum / Nairaland / General / Politics / Niger State Government Sues Over Naira Redesign Policy (8082 Views)
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Re: Niger State Government Sues Over Naira Redesign Policy by MrKenny: 1:45pm On Feb 11, 2023 |
Emefiele is the worst failure of our time. 1 Like |
Re: Niger State Government Sues Over Naira Redesign Policy by Indispensable85(m): 1:45pm On Feb 11, 2023 |
Emiefele and Buhari na MUGU |
Re: Niger State Government Sues Over Naira Redesign Policy by JASONjnr(m): 1:46pm On Feb 11, 2023 |
Gabbriell: Lol... The president can back a policy....But can also review the policy and change his mind. Also, the president would've given his executive order since when the supreme court overruled the deadline given by the CBN. This is why you really have to understand the constitution, so you won't quote out of context! 2 Likes |
Re: Niger State Government Sues Over Naira Redesign Policy by Gabbriell: 1:47pm On Feb 11, 2023 |
Siwisheswereesh: Am I supposed to be upset that you insulted me? ![]() ![]() ![]() |
Re: Niger State Government Sues Over Naira Redesign Policy by Siwisheswereesh: 1:50pm On Feb 11, 2023 |
Gabbriell: Maybe. At least, you will be less emotional and reasonable when posting next time and others who are in your league will also learn. ![]() |
Re: Niger State Government Sues Over Naira Redesign Policy by Ttooyy12345: 1:52pm On Feb 11, 2023 |
PHIPEX: Mayb they shoul be redesigning the naira every election year, cos it is now the job of cbn to curb "vote buying" as u claim 1 Like |
Re: Niger State Government Sues Over Naira Redesign Policy by ComrWanle02: 1:54pm On Feb 11, 2023 |
People here no send government again. We dey collect and we day pay old notes. 2 Likes |
Re: Niger State Government Sues Over Naira Redesign Policy by Gabbriell: 2:02pm On Feb 11, 2023 |
JASONjnr: Need I remind you that today is 11th February 2023. And that the old currency is not accepted even by banks as from yesterday afternoon. Are you telling me you don't know all this things. Why will CBN disobey Court order unless the president is involved? How can you know the constitution and not know this basic things happening around us? If the CBN governor was acting alone, the governor would have been arrested long b4 now. |
Re: Niger State Government Sues Over Naira Redesign Policy by broadman20: 2:05pm On Feb 11, 2023 |
Kaduna, Zamfara and Niger states government has a lot to do with kidnapping activities in their States. From their actions you will know better. |
Re: Niger State Government Sues Over Naira Redesign Policy by baralatie(m): 2:40pm On Feb 11, 2023 |
The Supreme Court has original jurisdiction in any dispute between the Federation and a state or between states and also has appellate jurisdiction to hear and determine appeals from the Court of Appeal. |
Re: Niger State Government Sues Over Naira Redesign Policy by JASONjnr(m): 2:41pm On Feb 11, 2023 |
Gabbriell: Lol... CBN is not disobeying any court order..... They won't reply the court, they will have to go to the supreme court to clear and state reasons... Then the supreme court will make a statement to follow a new date by the CBN or ask for a new policy that will accommodate both the old and the new Naira notes... Who born CBN to disobey supreme court order? No bank is rejecting any old currency....that is the reason many banks are closed down. I just went to get food stuffs and I used all the old notes and it's accepted..... Stop deceiving yourself... 1 Like |
Re: Niger State Government Sues Over Naira Redesign Policy by Putinofrussia: 2:44pm On Feb 11, 2023 |
moscow007:lol So exclusive list will allow the country to burn if the president has gone gaga. Rule of law supercedes all and it is in the purview of the supreme court. Reason we have 7 justices.They cannot all go gaga simultaneously.. |
Re: Niger State Government Sues Over Naira Redesign Policy by baralatie(m): 2:45pm On Feb 11, 2023 |
JASONjnr:You for leVe am to be deceiving himself |
Re: Niger State Government Sues Over Naira Redesign Policy by JASONjnr(m): 2:48pm On Feb 11, 2023 |
1 Like |
Re: Niger State Government Sues Over Naira Redesign Policy by moscow007: 2:58pm On Feb 11, 2023 |
Putinofrussia: How will you feel if an Igbo or Yoruba controlled Federal Govt sues Kano for destroying beer in the streets of Sabon Gari? |
Re: Niger State Government Sues Over Naira Redesign Policy by Putinofrussia: 3:08pm On Feb 11, 2023 |
moscow007:Supreme court is the last hope of the common man. |
Re: Niger State Government Sues Over Naira Redesign Policy by musazulyadain: 3:09pm On Feb 11, 2023 |
Good one |
Re: Niger State Government Sues Over Naira Redesign Policy by descartes400: 3:15pm On Feb 11, 2023 |
[code][/code] JASONjnr: The supreme Court case will be amended to counter the executive order if its against the Letters of the constitution. You do realise executive order can be challenged in the court of law. 3 Likes |
Re: Niger State Government Sues Over Naira Redesign Policy by moscow007: 3:20pm On Feb 11, 2023 |
Putinofrussia:Do you honestly believe "common man" will benefit from this extension? We both know is only those that stashed old naira notes that stands to benefit from what the Governors prayed for in their suit. They didn't ask for the bank to pay us old, they only asked for the old note to continue being a legal tender till June. Go and read it. The "common man" can't even access the old notes, only those that hoarded it (which is the politicians) than will benefit. |
Re: Niger State Government Sues Over Naira Redesign Policy by fohlarp: 3:59pm On Feb 11, 2023 |
Siwisheswereesh:has it not spoiled his chances? Why did he meet with d president last nite,on wot his fear might loose cash |
Re: Niger State Government Sues Over Naira Redesign Policy by Siwisheswereesh: 4:01pm On Feb 11, 2023 |
fohlarp: He has since made a comeback ![]() |
Re: Niger State Government Sues Over Naira Redesign Policy by darangi85: 4:01pm On Feb 11, 2023 |
Mumu Governor, Follow Follow after three governors don do, you sef wan pretend you are with the people kahal29: |
Re: Niger State Government Sues Over Naira Redesign Policy by HellVictorinho7: 4:11pm On Feb 11, 2023 |
PHIPEX:you are worse |
Re: Niger State Government Sues Over Naira Redesign Policy by yemex04(m): 4:21pm On Feb 11, 2023 |
moscow007: Lol.. songs have changed.. Thought you guys said the order of the Supreme Court will not be obeyed.. 🤣 1 Like 1 Share |
Re: Niger State Government Sues Over Naira Redesign Policy by yemex04(m): 4:24pm On Feb 11, 2023 |
moscow007: It's simple, if they don't want the stashed old notes to be useful for vote buying then the new Notes should be made available enough by the CBN for us to be able to withdraw 500k a week in line with CBN's new withdrawal limit. Anything short of that will cause untold chaos in the Land. 1 Like |
Re: Niger State Government Sues Over Naira Redesign Policy by moscow007: 4:31pm On Feb 11, 2023 |
yemex04: It will be available soon, also 50 and 100 are being printed as we speak in large quantities... especially 50 becos the stock of polymer materials is available, insider source |
Re: Niger State Government Sues Over Naira Redesign Policy by PHIPEX(m): 4:36pm On Feb 11, 2023 |
HellVictorinho7:Not as bad as your user name |
Re: Niger State Government Sues Over Naira Redesign Policy by yemex04(m): 4:36pm On Feb 11, 2023 |
moscow007: We don't care which denomination is printed in surplus, all we want is enough cash for our daily activities without having to pay through our Noses. I wonder why they waited this far to do the needful. |
Re: Niger State Government Sues Over Naira Redesign Policy by moscow007: 4:49pm On Feb 11, 2023 |
yemex04: I don't hold brief for CBN, however there's no perfect system, I guess they underestimated impact of vested interests to hijack and derail this fantastic policy. Initial twas like all banks refused to pick up the new notes from CBN, when they finally collected the money, they refused to load their ATMs. however, Globus Bank nationwide loaded their ATMs since December 29th which suggests other banks must have had access to the new notes thesame period. It can only get better, I'm sure CBN has learnt some vital lessons. By next week the Supreme Court will strike out El Rufai etal motion, there will be enough naira for genuine businesses and things will go back to normal after the elections. |
Re: Niger State Government Sues Over Naira Redesign Policy by Jogs1900: 4:50pm On Feb 11, 2023 |
JASONjnr:Can't the executive order be challenged in the court? |
Re: Niger State Government Sues Over Naira Redesign Policy by yemex04(m): 5:16pm On Feb 11, 2023 |
moscow007: @the bolded.. then it calls to question the competence of those in CBN.. my observation is even without the said hijack, they seem to have printed far less than requirements.. |
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