The Supreme Court has restrained the Federal Government from implementing the 10 February deadline of the old N200, N500 and N1,000 notes to stop being legal tender.
Three states — Kaduna, Kogi and Zamfara — had in a motion ex-parte filed on 3 February, prayed the apex court to halt the Central Bank of Nigeria (CBN) Naira redesign policy.
In a unanimous ruling, a seven-man panel of the Supreme Court, led by Justice John Okoro, granted an interim injunction restraining the Federal Government, the CBN, commercial banks and others from implementing the 10 February deadline for the old N200, N500 and N1,000 notes to stop being a legal tender.
The court further held that the Federal Government, the CBN and commercial banks must not continue with the deadline pending the determination of a notice on notice on in respect of the issue on 15 February.
By this ruling, the old Naira notes continue to be legal tenders in Nigeria.
Hi, Neat post. There’s an issue with your web site in internet explorer, could test this… IE still is the marketplace leader and a huge component of other people will leave out your magnificent writing due to this problem.
Heyy There. I flund yoour blog uing msn. This is a really
wwell wriften article. Iwill make sure too bookmark it and come
back to rread more of yojr useeful info. Tanks ffor the post.
I will certainly comeback.
Hey! Would you miknd iif I share your blog wiith my myspace group?
There’s a lot of people that I thinnk would reall appeciate
your content. Pleasse llet mee know. Thanks
Heya i aam ffor thhe first tome here. I came across this
board and I fid It trulyy usseful & it helped me ouut a lot.
I hope to give something back annd help othes like youu akded me.
Hello, just wantwd too mention, I enjoyed this post.
It wwas funny. Keeep on posting!
Terrifikc article! Thaat is the kind off information tha are supposed too
be shared across the internet. Disgrace onn the seek engines ffor no
llnger positioning thiis post higher! Come on over andd consulkt wiyh my webb site .
Thaanks =)
With havbin so much content annd articles do yyou ever rrun into anny
priblems of plagorism or copyright violation? My websiote has a lot of unique content I’ve either authored
mysself or outsourced but iit seems a llot of iit is poppingg
it up alll overr the web withiut myy permission. Do you know aany methods
to help stop conttent frpm being stolen? I’d defiinitely appreciate it.
Yoou could certainly seee your expertkse within thee aeticle you write.
The arena hopes ffor een mmore passionate writers like youu whho are not afrfaid too saay how hey believe.
At all times follow your heart.
Wow, this post is pleasant, my younger sister iss analyzing these things, therefore Iam going to let knnow her.
you’re iin point of fzct a just right webmaster. Thhe sjte loading speed iis incredible.
It kiund oof feels thnat you’re doing aany distinctive trick.
Moreover, The contehts aare masterpiece. you’vedone a fantastic joob iin thjis subject!
Hi i amm kavin, itss myy first time to commenting anyplace, when i reead
thiss piecce oof wriring i thought i ccould
also create conment ddue to this goiod piecce off writing.
Veryy noce post. I jist stumbleed upon our blog andd wished to ssay tat I’ve truly enjoyed surfing around your blog
posts. Ater alll I will be subscribing to yor feed aand I hope you write again very soon!
you’re really a excelleent webmaster. The web site loading veloocity iss incredible.
It sirt oof feelos that you aare doing anyy distintive trick.
Moreover, The content aare masterwork. you’ve dopne a ecellent axtivity onn thios matter!
Magnificent beat ! I ish to apprentice whilsxt yoou amend youyr website,
hhow can i subscriibe ffor a weblog site? Thhe account aiided mme a apprpriate
deal. I wesre tiny bitt acquainted oof this yyour broadcaast provded
shiy clear concept