Human rights lawyer, Femi Falana, SAN, has lambasted the Central Bank of Nigeria (CBN) for disobeying the interim injunction issued by the Supreme Court suspending the implementation of the February 10 deadline in which the old Naira notes ceased to be legal tender in the country. The apex bank had fixed February 10 this year as the deadline for Nigerians to swap their old version of the redesigned N200, N500 and N1,000 notes but the Kaduna, Kogi and Zamfara state governments dragged the Nigerian government to the Supreme Court over the Naira redesign policy.
February 14, 2023The Supreme Court on Wednesday February 8, 2023 ordered a suspension of the deadline of February 10 for the swapping of the old to new Naira notes by the CBN.
In a motion ex-parte filed on their behalf by their lawyer, AbdulHakeem Uthman Mustapha , the three Northern States urged the apex court to grant them an interim injunction stopping the Federal Government, either by itself or acting through the Central Bank of Nigeria , the commercial banks or its agents from carrying out its plan of ending the timeframe of the naira swap.
Reacting to the CBN decision to disobey the Supreme Court interim Injunction, Falana during a live interview on Channels TV’s ‘The 2023 Verdict’ on Tuesday, said the Nigerian government was not ready to comply with the apex court order.
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