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Old Naira Notes Remain Legal Tender - Supreme Court - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Old Naira Notes Remain Legal Tender - Supreme Court (72191 Views)

CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender / El-Rufai Says All Old Notes Will Remain Legal Tender In Kaduna / Buhari Says Old ₦‎200 Note Will Remain Legal Tender Till April 10 (2) (3) (4)

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Old Naira Notes Remain Legal Tender - Supreme Court by SamuelOamen: 12:33pm On Feb 15, 2023
The Supreme Court has said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the use of old 200, 500 and 1000 naira notes still subsist.

The court made the clarification on Wednesday following complaint by lawyer to Kaduna, Kogi and Zamfara states, Abdulhakeem Mustapha (SAN) that the Fed Govt and its agencies have failed to comply with the order and have allegedly directed the rejection of the old notes.

Mustapha said the plaintiff filed a notice of none-compliance with the order of the court order made on February 8. And demanded that the court take action against the respondent to protect the dignity of the court.

He added: "That order has been flouted by the government. We are talking of executive lawlessness here. We have filed an affidavit to that effect...We want the court to renew the order for parties to be properly guided."

Justice John Okoro, who presided over a seven-member panel of the court, asked Mustapha to filed a proper application to put forward his complaints and to enable the respondent respond appropriately.

Justice Okoro said there was no need for a renewal of the court's order.

He noted that, since the order made by the court on February 8 was made pending the determination of the motion for injunctions filed by the plaintiff, the order still subsists since the motion was not yet heard.

The court had, in the February 8 ruling, said: "after a careful consideration of this ex-parte application, and the grounds in support of same, this court finds that there is real urgency for this court to intervene by the grant of this application.

"Accordingly, this application is hereby granted as prayed.


"That is to say, an order of interim injunction restraining the Federal Government of Nigeria, either by itself or acting through the Central Bank of Nigeria (CBN) and/or the commercial banks, its agents; agencies, corporations, ministries, parastatals, organizations or through any person or persons (natural and artificial) howsoever, from suspending or determining or ending on the 10th of February 2023 the timeframe within which the now older versions of the 200, 500 and 1000 denominations of the naira may no longer be legal tender, pending the hearing and determination of the plaintiffs/applicants’ motion on notice for interlocutory injunction."

The Supreme Court has however fixed February 22 for hearing of the suit filed Kaduna, Kogi and Zamfara states challenging the propriety the naira swap policy of the Federal Government.

The court chose the date after joining the Attorneys General of Katsina Lagos, CR, Ondo, Ogun, Ekiti and Sokoto states as co-plaintiffs in the earlier suit filed by Kaduna, Kogi and Zamfara states.

The court also joined the Attorneys General of Edo and Bayelsa states as co-respondents. Both states elected to side with the Attorney General of the Federation (AGF) originally listed as the sole respondent.

The court ordered that the suits filed by separately by Nasarawa, Rivers and Kano states on the same issue be consolidated with the one filed by Kaduna, Kogi and Zamfara states.

The court ordered parties to file all necessary documents before the hearing set for next Wednesday.

Justice Okoro, before adjourning, told lawyer to the AGF, Kanu Agabi (SAN) to advise his client to ensure the availability of currency for the people.

"Tell your client to let people have money. If they go to the ATM and the plaintiffs will come and withdraw the case. Make money available to the poor masses.

"You should know that a hungry man is an angry man. I say no more," he said.


Responding, Agabi said Nigerians were only blaming the government for their poverty.

"Many people don't have money. They blame it on the Fed Govt and the AGF. I don't have money too.

"Things have been bad for long. It is not today that the problems started," Agabi said.

Governors Nasir El-Rufai and Yahaya Bello of Kaduna and Kogi states were in court to witness proceedings.

Speaking after the court proceedings, Bello said the states were not at war with the Fed Govt over its cashless policy, but are only concerned about its negative impact on the citizens, who are now denied access to their funds.


https://thenationonlineng.net/breaking-old-naira-notes-remain-legal-tender-supreme-court/

67 Likes 16 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by PureMe01: 12:35pm On Feb 15, 2023
theNATION,Tinubu newspaper wan twist the narration to suit their plan even when supreme court never said such but it's dead on arrival. If it's a legal tender,make dem go deposit am for bank nah grin grin

Emefiele is doing the good works of the Lord grin
Agbado urchins have always backed Emefiele looongg before now even as Nigerians have been weeping because of the economic hardship and unfavorable policies from CBN. Instead of urchins to sympathise with suffering NIGERIANs all those times,they rather chose to sing to the praises of Emefiele as the best all because of Thiefnubuu's selfish ambition to be president he can BEVER be. Now,same Emefiele is frustrating their corrupt plan and tears are everywhere.

Where has the special love long existing between Agbado urchins and Emefiele all of sudden disappeared to?

Thiefnubuu and Ganduje's 22billion naira old notes stocked in Kano for vote buying and bribing INEC officials have turned to papers. Reason Elrufai and Ganduje are both killing themselves over the matter. Keep wailing. U think NIGERIANs are stupid grin grin

Let them take the 22billion they stocked to Supreme court. Even courts are now rejecting the old notes grin
Thiefnubuu is a gonner.


Take it or leave it,the fake love and format thiefnubuu and his crew are trying to scam NIGERIANs with will not stand. This is NOT 2015 when they pushed nonsense propaganda of $1 to #1 to land us here unfortunately.

Anything but APC is welcome to rescue this country from these beasts in APC.desperate for power.

Peter Obi is the next president who will fix all these mess.
Oya urchins come and cry endlessly on my mention

This below is what one of the urchins was saying when NIGERIANs were complaining about this government way back. Thiefnubuu never condemned Buhari/Emefiele until now his bullion van for buying votes will be checkmated

308 Likes 32 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by megacity: 12:36pm On Feb 15, 2023
Funny fellow. It is not legal tender!!! It stopped being legal tender on 10th February. The matter will come up again on 22nd and we are all going to wait for the court

YOU DONT GET IT! WE ARE NOT GOING TO ALLOW YOU PEOPLE TO USE BULLION VAN AND CARRY CASH TO YOUR HOUSES TO PERPETRATE CORRUPTION LIKE YOU DID THE LAST ELECTION


Moreover, are not you aware that anything from the Nation Newspaper is likely a lie??

I WANT TO EMPHASIZE THAT I DO NOT BELIEVE ANY NEWS FROM THE NATION NEWSPAPER FOR OBVIOUS REASONS


If those guys tell you good morning, please check your time cause it 'll likely be afternoon or even night

183 Likes 16 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by LibertyRep: 12:36pm On Feb 15, 2023
A simple broadcast from Buhari or Emefiele will douse this tension and set the records straight.

The banks will wait for directives from their regulator, the CBN.

Fueling stations and supermarkets who reject the money pinned it on the fact that banks have stopped collecting it from them.

Cab drivers won't collect it because fuelling stations are rejecting it.

Then this percolates to the nooks and crannies of the community.

A simple directive from Emefiele to the banks will douse this tension.

113 Likes 8 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by SpecialAdviser(m): 12:36pm On Feb 15, 2023
All these hanky panky is a big disgrace on APC government. Nigerians should ready their PVC to vote out the most clueless government of it's history.

Mu.mu urchins have been exnorating Buhari and attacking Emefiele out of sheer cowardice.

CBN--- APC.
FG-- APC.
Who appointed the judges?---APC.
Who went to court?---APC
Who is the defendant?---APC

Vote out APC to reclaim your DIGNITY Nigerians.

283 Likes 16 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by kcprince: 12:37pm On Feb 15, 2023
So who do we follow? CBN or Supreme Court? Anyway I have deposited all my old note.

20 Likes 4 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by toneroforever(m): 12:38pm On Feb 15, 2023
The Nation..... Tinubu's propaganda tools.
Believe them at ur peril

82 Likes 12 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by megacity: 12:38pm On Feb 15, 2023
LibertyRep:
A simple broadcast from Buhari or Emefiele will douse this tension and set the records straight.

What broadcast?

The matter is in court and everyone should wait for the court to decide

1 Like 2 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by Godswillu(m): 12:42pm On Feb 15, 2023
We need to verify this information

2 Likes 2 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by Dreal1247: 12:42pm On Feb 15, 2023
Confusion. Nigeria seems to be on autopilot. No government. Everyone going insane from his own end. No control. Mr Peter Obi is the answer. He said that he will be in charge and you have to hold him accountable.

14 Likes 3 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by Naijanascam: 12:42pm On Feb 15, 2023
Keep decieving and misleading people because of your selfish interests........

21 Likes 1 Share

Re: Old Naira Notes Remain Legal Tender - Supreme Court by Offpoint1: 12:43pm On Feb 15, 2023
Deposit yours at Supreme Court grin grin....




No going back to old note, cashless policy must remain.

23 Likes 4 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by Anambra1stS0n: 12:43pm On Feb 15, 2023
Watch how Rivers State market women reacted when Labour Party visited the market


https://www.youtube.com/watch?v=NmyJWlfszfo

2 Likes

Re: Old Naira Notes Remain Legal Tender - Supreme Court by uptimum123(m): 12:43pm On Feb 15, 2023
Meffy thinks he would be the CBN governor forever, only if he knows.

It has been written that Tinubu is the next president of this country and no one can change that.

Tinubu For President

19 Likes 1 Share

Re: Old Naira Notes Remain Legal Tender - Supreme Court by Reelmii: 12:43pm On Feb 15, 2023
...untill this currency issue go turn to full blown fight this people will not know that they are playing with people's intelligence....


May Nigeria not see war

12 Likes

Re: Old Naira Notes Remain Legal Tender - Supreme Court by Ceenachi: 12:43pm On Feb 15, 2023
Why adjourning the case again
Before the judiciary was the hope of the common man but now the reverse is the case..........
Everything has fail 😭😭😭 I typed this with tears in my eyes, my heart is heavy...... the supreme Court want more people to suffer more just like that.

May Nigeria never happen to us again embarassed

4 Likes 1 Share

Re: Old Naira Notes Remain Legal Tender - Supreme Court by workchopNG: 12:43pm On Feb 15, 2023
These people are trying hard to confuse who they think their confussion can confuse.

I refuse to be confused.

Rara to old note.

5 Likes 1 Share

Re: Old Naira Notes Remain Legal Tender - Supreme Court by big7: 12:44pm On Feb 15, 2023
Story

Confused country

Confused leaders

Confused system

2 Likes

Re: Old Naira Notes Remain Legal Tender - Supreme Court by Racoon(m): 12:44pm On Feb 15, 2023
The Supreme Court judgement have become a tool for manipulation by corrupt politicians.

3 Likes

Re: Old Naira Notes Remain Legal Tender - Supreme Court by jlinkd78(m): 12:44pm On Feb 15, 2023
Tinubu paper
I will thread with caution

14 Likes 2 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by holidayspecialt: 12:44pm On Feb 15, 2023
Yeah. tell that to all the keke and bus drivers that have refused to collect it. werey

12 Likes 2 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by IslamIsIdiotic: 12:44pm On Feb 15, 2023
666
Re: Old Naira Notes Remain Legal Tender - Supreme Court by Ahuitzotl: 12:44pm On Feb 15, 2023
ye
Re: Old Naira Notes Remain Legal Tender - Supreme Court by Ishilove: 12:44pm On Feb 15, 2023
Will CBN comply?
Re: Old Naira Notes Remain Legal Tender - Supreme Court by Cj4charles(m): 12:44pm On Feb 15, 2023
shocked
Re: Old Naira Notes Remain Legal Tender - Supreme Court by gaby(m): 12:44pm On Feb 15, 2023
Mtcheww
Re: Old Naira Notes Remain Legal Tender - Supreme Court by leisuretym: 12:44pm On Feb 15, 2023
angry
Re: Old Naira Notes Remain Legal Tender - Supreme Court by Olam09(m): 12:44pm On Feb 15, 2023
Exactly

3 Likes

Re: Old Naira Notes Remain Legal Tender - Supreme Court by wethebest(m): 12:44pm On Feb 15, 2023
😋😂😂😂
Re: Old Naira Notes Remain Legal Tender - Supreme Court by tuoyoojo(m): 12:45pm On Feb 15, 2023
This going back and coming forth with end after elections

I can assure you that after elections

Things would go back to normal

After the "intended damage" to perceived "thieves" has been achieved

But the suffering continues

6 Likes 2 Shares

Re: Old Naira Notes Remain Legal Tender - Supreme Court by Parachoko: 12:45pm On Feb 15, 2023
SamuelOamen:
Justice Okoro said there was no need for a renewal of the court's order.

He noted that, since the order made by the court on February 8 was made pending the determination of the motion for injunctions filed by the plaintiff, the order still subsists since the motion was not yet heard.


https://thenationonlineng.net/breaking-old-naira-notes-remain-legal-tender-supreme-court/
Penguin2 you don see wetin I talk for your thread?

3 Likes

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