Thu, 25 Jul 2024


Obey Supreme Court judgment on naira now, legal giants tell Buhari
From: Agency Report
Mon, 6 Mar 2023   ||   Nigeria,

Senior lawyers yesterday urged the Federal Government and the Central Bank of Nigeria (CBN) to comply with the Supreme Court judgment of last Friday.
They warned that not obeying the order would amount to contempt of court and further cast the government and officials as showing disregard for the rule of law.
The Supreme Court held that the old naira notes would remain valid until December 31 and that the old N200, N500 and N1,000 will co-exist with the new ones.
Senior Advocates of Nigeria (SANs) Seyi Sowemimo, Babatunde Fashanu, Chino Obiagwu, Kunle Adegoke, Wahab Shittu and Ebun-Olu Adegboruwa said the judgment must be complied with.
According to Sowemimo, the Federal Government and CBN were bound to obey the judgment.



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