• About
  • Advertise
  • Contact
Saturday, October 11, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Judiciary

Old N1,000, N500 Notes : CBN Has No Reason Not To Comply With Supreme Court Judgment – Buhari

...denies ordering Malami, Emefiele to defy S/C judgment

Vital News by Vital News
March 13, 2023
in Judiciary
0
REVEALED : How Aso Rock Cabal Misled Buhari Into Fuel, Naira Crises Over Plot To Make Atiku President
Share on FacebookShare on Twitter

Abuja – President Muhammadu Buhari on Monday he never at anytime told the attorney-general of the federation, Abubakar Malami and the governor of the Central Bank of Nigeria, Godwin Emefiele to defy the judgment of the Supreme Court on the validity of the old N1,000 and N500 notes.

Garba Shehu, Senior Special Assistant to the President on Media and Publicity quoted the president as saying this in a statement in Abuja in Monday

The statement said President Buhari did not react to the judgment of the Supreme Court on old N1,000 and N500 notes and did not instruct Malami and Emefiele to disobey the court order in the matter between the Federal Government and some states .

Garba Sheu in the statement that the “presidency wishes to react to some public concerns that President Muhammadu Buhari did not react to the Supreme Court judgement on the issue of the N500 and N1,000 old currency notes, and states here plainly and clearly that at  no time did he instruct the Attorney General and the CBN Governor to disobey any court orders involving the government and other parties.

“Since the President was sworn into office in 2015, he has never directed anybody to defy court orders, in the strong belief that we can’t practise democracy without the rule of law and the commitment of his administration to this principle has not changed. 

RelatedStories

Kogi Man Sentenced To Life Imprisonment For Rape

Dangote Refinery : PENGASSAN, NNPCL, NDMP, NUPRC Evade Service Of Court Order Halting Strike

Court Stops PENGASSAN’s Strike Against Dangote Refinery

FG Takes Over Prosecution Of Ogun Traditional Ruler Accused Of Cyberstalking Alake Of Egbaland

“Following the ongoing intense debate about the compliance concerning the legality of the old currency notes, the Presidency therefore wishes to state clearly that President Buhari has not done anything knowingly and deliberately to interfere with or obstruct the administration of justice. 

“The President is not a micromanager and will not, therefore, stop the Attorney- General and the CBN Governor from performing the details of their duties in accordance with the law.

“In any case. it is debatable at this time if there is proof of willful denial by the two of them on the orders of the apex court.

“The directive of the President, following the meeting of the Council of State is that the Bank must make available for circulation all the money that is needed and nothing has happened to change the position. 

“It is an established fact that the President is an absolute respecter of judicial process and the authority of the courts.

“He has done nothing in the last eight or so years to act in any way to obstruct the administration of justice, cause lack of confidence in the administration of justice, or otherwise interfere or corrupt the courts and there is no reason whatsoever that he should do so now when he is getting ready to leave office. 

“The negative campaign and personalised attacks against the President by the opposition and all manner of commentators is unfair and unjust, as no court order at any level has been issued or directed at him.

“As for the cashless system the CBN is determined to put in place, it is a known fact that many of the country’s citizens who bear the brunt of the sufferings, surprisingly support the policy as they believe that the action would cut corruption, fight terrorism, build an environment of honesty and reinforce the incorruptible leadership of the President. 

“It is therefore wide off the mark to blame the President for the current controversy over the cash scarcity, despite the Supreme Court judgement.

“The CBN has no reason not to comply with court orders on the excuse of waiting for directives from the President. 

“President Buhari has also rejected the impression that he lacks compassion.

“No government in our recent history has introduced policies to help economically and marginalised vulnerable groups like the present administration,” the statement explained. (vitalnewsngr.com)

 

Tags: BuhariCourtdefyEmefiele
Previous Post

IGP Directs CPs TO Swiftly Conclude Investigations Into Electoral Cases

Next Post

Nigeria Reports 12.9 million Cyber Attacks During Presidential Election

Vital News

Vital News

RelatedStories

Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor
Gender

Kogi Man Sentenced To Life Imprisonment For Rape

October 9, 2025
Dangote Refinery : PENGASSAN, NNPCL, NDMP, NUPRC Evade Service Of Court Order Halting Strike
Judiciary

Dangote Refinery : PENGASSAN, NNPCL, NDMP, NUPRC Evade Service Of Court Order Halting Strike

September 30, 2025
PENGASSAN Members Shut Down NNPC, NUPRC, NMDPRA
Judiciary

Court Stops PENGASSAN’s Strike Against Dangote Refinery

September 29, 2025
FG Takes Over Prosecution Of Ogun Traditional Ruler Accused Of Cyberstalking Alake Of Egbaland
Judiciary

FG Takes Over Prosecution Of Ogun Traditional Ruler Accused Of Cyberstalking Alake Of Egbaland

September 25, 2025
Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor
Judiciary

Judicial Service Commission Sacks Four Officers For Failing Promotion Exam Three Times Consecutively

September 25, 2025
Next Post

Nigeria Reports 12.9 million Cyber Attacks During Presidential Election

Elections : Court Orders INEC To Accept LP Candidates In 24 States

Labour Party May End Up Like APGA , A Failed Experiment by Fredrick Nwabufo

5,138 Persons Killed In Farmers - Herders Conflict In Benue

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

FAAC Disburses N1.678trn February Revenue To FG, States, LGs

FAAC Shares N2.001 July 2025 Revenue To FG, States, LGs

2 months ago
Alia Meets With Top Benue Civil Servants, Tasks Them On Effective Service Delivery, Dedication To Duty

Alia Meets With Top Benue Civil Servants, Tasks Them On Effective Service Delivery, Dedication To Duty

2 years ago

NDLEA nabs female drug pusher at Lagos Airport

3 years ago
Man Beats 22-Year-Old Girlfriend To Death In Bayelsa

Man In Police Custody For Selling Own Granddaughter For N700,000

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

False, Malicious, And Misleading, Reports That We Import Bad Fuel – Dangote Refinery

You Led With Distinction, CG Of Customs, Hails Former Boss, Bello Haliru Mohammed At 80

Kogi Man Sentenced To Life Imprisonment For Rape

President Tinubu Mourns Dr Christopher Kolade, Describes Him As A Man Of Unimpeachable Integrity

Nigeria, Qatar Strengthen Partnership Against Illicit Drug Trafficking

Governor Ododo Bags Another National Honour In Education

Trending

NEPZA Says Strikes Not Allowed In Free Trade Zones
Labour

NEPZA Says Strikes Not Allowed In Free Trade Zones

by Vital News
October 10, 2025
0

The Nigeria Export Processing Zones Authority (NEPZA) has warned the Petroleum and Natural Gas Senior Staff Association...

Nigeria Post Publisher Hails Governor Ododo Over Citing Of Micro-projects In Hard-to-reach Communities In Kogi

Nigeria Post Publisher Hails Governor Ododo Over Citing Of Micro-projects In Hard-to-reach Communities In Kogi

October 10, 2025
Bandits Kill 7 Persons In Katsina

Terrorists Kill Three Persons In Separate Attacks, Abduct Couple In Kwara

October 10, 2025
Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15

False, Malicious, And Misleading, Reports That We Import Bad Fuel – Dangote Refinery

October 10, 2025
You Led With Distinction, CG Of Customs, Hails Former Boss, Bello Haliru Mohammed At 80

You Led With Distinction, CG Of Customs, Hails Former Boss, Bello Haliru Mohammed At 80

October 10, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • NEPZA Says Strikes Not Allowed In Free Trade Zones October 10, 2025
  • Nigeria Post Publisher Hails Governor Ododo Over Citing Of Micro-projects In Hard-to-reach Communities In Kogi October 10, 2025
  • Terrorists Kill Three Persons In Separate Attacks, Abduct Couple In Kwara October 10, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In