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Buhari Summons Emefiele After Supreme Court Order

By our correspondent

Muhammadu Buhari has summoned the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to Aso Rock, Abuja.

This is coming hours after the Supreme Court ruling of Wednesday stopping the February 10 deadline for the validity of three old naira notes.

A source in the Presidency said that the meeting is coming shoofly after the President received a report about the Supreme Court judgement.

On whether the President will sign an Executive Order on the matter, the source simply replied, ‘very unlikely’.

A seven-man panel of the Supreme Court led by Justice John Okoro, in a unanimous ruling, granted the interim injunction after an ex parte filed by Kogi, Kaduna and Zamfara state governments.

The highest court also held that the Federal Government and the apex bank must not continue with the deadline pending the determination of the hearing on February 15.

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