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Nairaland Forum / Nairaland / General / Politics / CBN's Naira Note Confiscation Is Illegal - Fashola (20583 Views)
Niger Bans Bulk Sale Of Food Items, Orders Confiscation Of Trucks Carrying Food / London Judge Orders Confiscation Of $130M From Ex-governor Ibori / Tinubu Hails Nigerian Governors Over Supreme Court Ruling On CBN Naira Swap (2) (3) (4)
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CBN's Naira Note Confiscation Is Illegal - Fashola by Seun(m): 12:09pm On Feb 23, 2023 |
https://www.youtube.com/watch?v=skmqHLZnb7A?t=680 Fashola appeared on AriseTV this morning to clarify his comments on the CBN's naira redesign policy. He said that the CBN Act doesn't support a confiscation of our old currency but a 1:1 swap of old and new currency. He also accused AriseTV of being biased in their coverage. Fashola: What has happened in the purported exercise of the Central Bank Act, especially section 20 where it talks about redesigning currencies, it gives powers undoubtedly to Central Bank to undertake that exercise. My understanding of that provision, because I've read it again and again, and what it suggests to me, my interpretation of that section of the law, is that if you choose to redesign a denomination A, say the 100, the 500, or the 200, every time I produce a 200 you must give me a 200. Every time I produce a 1000 you must give me a 1000 back, until that currency denomination is eventually taken out of circulation. {Cash swap is} the word used in the act. So what has been done here has no legal basis. That is my view. 20 Likes 3 Shares |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by Nobody: 12:10pm On Feb 23, 2023 |
This one don find camera for CBN office ooh 137 Likes 10 Shares |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by Massiveglory: 12:11pm On Feb 23, 2023 |
It is only illegal now because it affects your political moves. If the likes of fashola, tinubu, elrufai and the rest have put in a quarter of this "lamenting energy" on all the Killings, bloodshed, nepotism and ills in this government, we would take them serious. Keep lamentating. Nigerians have moved to bring in PODATTI. 167 Likes 12 Shares |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by id911(m): 12:11pm On Feb 23, 2023 |
Seun:Upon all the evil policies of Buhari and APC that have subjected Nigerians to so much sufferings, na only Naira swap issue these people fit talk about everyday? I think it's really affecting APC elites that's why they're lamenting. Wailing wailers! 102 Likes 8 Shares |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by slimjohn2k5: 12:16pm On Feb 23, 2023 |
And politicians naira note confiscation is legal. Detective Fash 36 Likes 1 Share |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by sotall(m): 12:16pm On Feb 23, 2023 |
Fashola the minister of rocket science and darkness and his other pro-emilokan urchins are hypocrites. Reject APC , reject Tinubu by all means... 51 Likes 4 Shares |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by WibusJaga: 12:16pm On Feb 23, 2023 |
. It's obvious these polithiefcians are fighting for their selfish interests. If they had been using this same energy to fight for the masses, things would have been OK. Students wasted away at home for almost a year during ASUU strike & not a word from any of them... 47 Likes 3 Shares
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Re: CBN's Naira Note Confiscation Is Illegal - Fashola by Qerd: 12:17pm On Feb 23, 2023 |
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Re: CBN's Naira Note Confiscation Is Illegal - Fashola by Curious345: 12:17pm On Feb 23, 2023 |
Fashola's criminal side keeps unraveling everyday.. The guy is the biggest scam from Nigeria 42 Likes |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by PointZerom: 12:17pm On Feb 23, 2023 |
Shut up this useless man. You failed as a governor, no single project for 8 years. 10 Likes 1 Share |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by Curious345: 12:17pm On Feb 23, 2023 |
I'll love to see Fashola chained like the thief he is and placed in solitary confinement 5 Likes |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by Bluntguy: 12:17pm On Feb 23, 2023 |
id911:Fashola and other urchins have become accidental economists. They talk as if they don't know the reason for the naira redesign. Vote buying in Lagos, banditry in Kaduna, looting in Kano. Yes, let CBN confiscate all monies till after election. Btw, they are still holding unto their old notes thinking they could spend it on election day. Thieves! 17 Likes 2 Shares |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by thaoriginator: 12:17pm On Feb 23, 2023 |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by New007: 12:17pm On Feb 23, 2023 |
Minister of darkness. Take your L in peace! PODATT! 10 Likes |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by zombieHUNTER: 12:17pm On Feb 23, 2023 |
Minister of Darkness fighting tooth and nail against Naira redesign.. what concerns fashola, his office with Naira redesign you may ask, it's all because of his loot and that of his master... it's been rendered useless right before his very eyes.. Fashola Tinubu Oshiomole El rufai Ganduje... You will all rot in hell for all eternity 4 Likes 1 Share |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by Ladiesdream: 12:18pm On Feb 23, 2023 |
There is nothing you have done that God cannot forgive. Except voting for Tinubu. 8 Likes |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by Moh247: 12:19pm On Feb 23, 2023 |
Many are not objective since they hate Tinubu 5 Likes 3 Shares |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by phemmie06(m): 12:19pm On Feb 23, 2023 |
Nice one... Go join the suite..... It is a pity Supreme Court don close the door 1 Like |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by ALCOHOLKILLS(m): 12:19pm On Feb 23, 2023 |
Fish brian, what do you know😡😡❌ 3 Likes |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by Racoon(m): 12:19pm On Feb 23, 2023 |
After allowing Buhari impunity and lawlessness to persist for the past 7 years? Senseless SAN. |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by SmartPolician: 12:19pm On Feb 23, 2023 |
These ones never stop to wail? 3 Likes |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by ubest1(m): 12:19pm On Feb 23, 2023 |
Fash go to court TV station is not court 3 Likes |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by jmoore(m): 12:19pm On Feb 23, 2023 |
APC introduced a policy. APC implemented a policy. APC is complaining about a policy implemented by APC. APC is fighting against APC. These clowns are just confused like Babablu Bluublu bulabu. 3 Likes 1 Share |
Re: CBN's Naira Note Confiscation Is Illegal - Fashola by superCleanworks(m): 12:19pm On Feb 23, 2023 |
what manner of UGLY SHIRT is this man wearing? |
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