JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender - Politics

JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender - Politics - Nairaland

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JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by thenewsc(op): 11:43am On Feb 14, 2023

Against the judgment of the Supreme Court, the Central Bank of Nigeria has issued a statement noting that old naira notes of N200, N500, and N1000 have ceased to be legal tender.

More Details in a bit

https://www.thenews-chronicle.com/just-in-cbn-insists-old-naira-notes-no-longer-legal-tender/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost

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Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by Dreal1247: 11:47am On Feb 14, 2023

But why have they kept mute on their stand until now? They initially said that they are obeying the court ruling. Where are we now?

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by Blizzy9ja: 12:18pm On Feb 14, 2023

Okay

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by ComrWanle02: 12:23pm On Feb 14, 2023

CBN disobeys Supreme Court order. Everybody is fighting for relevancy in Nigeria.

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by AfricanColumbus: 12:23pm On Feb 14, 2023

Naira Redesign Policy: 3 Things Nigerians Need From The CBN Now(Video)

https://www.youtube.com/watch?v=5e6xKkbSuu4

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by lazynairalander1: 12:31pm On Feb 14, 2023

In my area people are still spending like it's normal. I am confused rn.

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by Kaiser20: 12:33pm On Feb 14, 2023

ComrWanle02:
CBN disobeys Supreme Court order. Everybody is fighting for relevancy in Nigeria.

Buhari started the DISOBEDIENCE of Court orders and Nigerians followed

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by Zulum500: 1:14pm On Feb 14, 2023

Fake news from okorosss

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by Zulum500: 1:15pm On Feb 14, 2023

Kaiser20:
Buhari started the DISOBEDIENCE of Court orders and Nigerians followed

Fake news from okorosss 🤣😁😁

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by Zulum500: 1:15pm On Feb 14, 2023

Dreal1247:
But why have they kept mute on their stand until now? They initially said that they are obeying the court ruling. Where are we now?

Na fake news 🤣😁🤣

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by bjdon: 1:28pm On Feb 14, 2023

ComrWanle02:
CBN disobeys Supreme Court order. Everybody is fighting for relevancy in Nigeria.

No no. The CBN was not a party to the Supreme Court judgement. The Supreme Court restrained the FG, but the FG has no power over CBN so its a redundant judgement.

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by Talawaka: 1:32pm On Feb 14, 2023

thenewsc:
Against the judgment of the Supreme Court, the Central Bank of Nigeria has issued a statement noting that old naira notes of N200, N500, and N1000 have ceased to be legal tender.

More Details in a bit

https://www.thenews-chronicle.com/just-in-cbn-insists-old-naira-notes-no-longer-legal-tender/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost

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https://web.facebook.com/tncng

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If you are going to heat up the polity, at least have the decency to provide an authoritative source!

What is it with trigger-happy Nairalanders who seem to relish making the blood boil? cool

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that there was no need to shift the February 10, 2023 deadline.

He said this during a visit on Tuesday to the Ministry of Foreign Affairs, to discuss the monetary and currency redesign policy of the bank.

He said, “The situation is substantially calming down since the commencement of over-the-counter payments to complement ATM disbursements and the use of super-agents.

Source: https://punchng.com/breaking-new-naira-cbn-insists-on-february-10-deadline/

P.S: Talawaka is heading off to join states in the suit against the FGN. angry

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by Alusiizizi(m): 2:58pm On Feb 14, 2023

ComrWanle02:
CBN disobeys Supreme Court order. Everybody is fighting for relevancy in Nigeria.

CBN did not disobey anything. The supreme court never had any jurisdiction in the first place for starters and secondly the supreme court ruled against the FG and not CBN.

2 Likes

Re: JUST IN: CBN Insists Old Naira Notes No Longer Legal Tender by dat9jaguy(m): 3:40pm On Feb 14, 2023

bjdon:
No no. The CBN was not a party to the Supreme Court judgement. The Supreme Court restrained the FG, but the FG has no power over CBN so its a redundant judgement.

CBN is under FG. No entity in Nigeria is bigger than the Supreme Court. This is just rascality influenced by Buhari's own legendary disregard for judicial pronouncements.

1 Like