• About
  • Advertise
  • Contact
Friday, June 20, 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 Naira Notes Remain Legal Tender – Supreme Court

....States Not At War With FG - Kogi Governor

Vital News by Vital News
February 15, 2023
in Judiciary
0
Kogi vs EFCC : Agbakoba Heads To  Court To Challenge Scope Of Powers Of EFCC
Share on FacebookShare on Twitter

Abuja – The Supreme Court says 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 subsists.

The court made the clarification on Wednesday following complaint by lawyer to Kaduna, Kogi and Zamfara States, Abdulhakeem Mustapha (SAN) that the Federal 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.”

RelatedStories

LPPC Shortlists 74 Lawyers For SAN Rank, Calls For Public Scrutiny

Gender Equity In Judiciary : Lagos, Kano Lead In Female Judge Appointments

Two Lawyers, Real Estate Developer Arraigned For Forgery Of Demolition Notice From Governor’s Office

753-unit Abuja Housing Estate : Court Grants Emefiele N2 billion Bail

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 of the naira swap policy of the Federal Government.

The court arrived at the date after joining the Attorneys General of Katsina Lagos, Cross River, 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 fixed 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. (The Nation)

Tags: CBNCourtFGnaira
Previous Post

Supreme Court Fixes Feb. 22 For Hearing In Suit On Naira Swap

Next Post

No Meeting , Agreement With FG On Extension Of Naira Swap Deadline To April 10 – El-Rufai

Vital News

Vital News

RelatedStories

LPPC Shortlists 74 Lawyers For SAN Rank, Calls For Public Scrutiny
Judiciary

LPPC Shortlists 74 Lawyers For SAN Rank, Calls For Public Scrutiny

June 18, 2025
Gender Equity In Judiciary : Lagos, Kano Lead In Female Judge Appointments
Judiciary

Gender Equity In Judiciary : Lagos, Kano Lead In Female Judge Appointments

June 18, 2025
Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor
Judiciary

Two Lawyers, Real Estate Developer Arraigned For Forgery Of Demolition Notice From Governor’s Office

June 17, 2025
753-unit Abuja Housing Estate : Court Grants Emefiele N2 billion Bail
Judiciary

753-unit Abuja Housing Estate : Court Grants Emefiele N2 billion Bail

June 16, 2025
Hafsoh Murder : Ilorin Muslim Cleric Admits Cutting Her To Pieces, Says He Acted Under Influence Of Alcohol
Judiciary

Hafsoh Murder : Ilorin Muslim Cleric Admits Cutting Her To Pieces, Says He Acted Under Influence Of Alcohol

June 11, 2025
Next Post
Governors Set Up Committee To Work with CBN On New Naira Notes

No Meeting , Agreement With FG On Extension Of Naira Swap Deadline To April 10 - El-Rufai

9 Killed In Valentine’s Day Cult Clash In Rivers

Nigeria’s Inflation Rises To 21.82 pct

Nigeria's Inflation Rises To 21.82 pct

Leave a Reply Cancel reply

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

Follow Us

Recommended

Go After Terrorists, Restructure Nigeria Now – Afenifere Urges Tinubu

Tinubu Flags Off New Healthcare Initiative, To Establish 10 Oncology Diagnostic Facilities

10 months ago
Your Death, An Overwhelming Tragedy, Tinubu Says As He Mourns Wigwe, Wife, Son, Ogunbanjo

Your Death, An Overwhelming Tragedy, Tinubu Says As He Mourns Wigwe, Wife, Son, Ogunbanjo

1 year ago

Nigeria confirms 31 new cases of monkeypox

3 years ago
THE INDELIBLE LEGACY OF GYB by E.O. Shadrach

THE INDELIBLE LEGACY OF GYB by E.O. Shadrach

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
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN 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 Women
No Result
View All Result

Highlights

The Folly Of A War With Iran by Chris Hedges

Current Economic Hardship Should Not Be Blamed On President Tinubu – Sunday Babalola

At Real Estate Federation World Congress, Osinbajo, Sanwo-Olu Commend Housing Professionals

Advocate Urges FG To End Conflict-related Sexual Violence

OF PROPHECIES AND REALITIES IN TODAY’S WORLD by Taiye Olaniyi

Joint Task Force Arrests 26 Suspected Kidnappers In Kogi

Trending

Environment

Lagos Shuts Oko Oba Abattoir Over Poor Sanitary Condition, Waste Mismanagement

by Vital News
June 19, 2025
0

Lagos State Government has shut down the popular Oko Iba Abattoir at Agege area of the state...

Aliko Dangote Foundation Donates 40,000 Bags Of Rice to PLWDs, Vulnerable In Ogun

Aliko Dangote Foundation Donates 40,000 Bags Of Rice to PLWDs, Vulnerable In Ogun

June 19, 2025
Oyo Community Leader, Alhaja Nusirat Kadewolu Adeyemi Dies At 98

Oyo Community Leader, Alhaja Nusirat Kadewolu Adeyemi Dies At 98

June 19, 2025
The Folly Of A War With Iran by Chris Hedges

The Folly Of A War With Iran by Chris Hedges

June 19, 2025
Current Economic Hardship Should Not Be Blamed On  President Tinubu – Sunday Babalola

Current Economic Hardship Should Not Be Blamed On President Tinubu – Sunday Babalola

June 19, 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

  • Lagos Shuts Oko Oba Abattoir Over Poor Sanitary Condition, Waste Mismanagement June 19, 2025
  • Aliko Dangote Foundation Donates 40,000 Bags Of Rice to PLWDs, Vulnerable In Ogun June 19, 2025
  • Oyo Community Leader, Alhaja Nusirat Kadewolu Adeyemi Dies At 98 June 19, 2025

Categories

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