x

New naira: FG makes fresh move against supreme court ruling on old notes

The Federal Government has asked the Supreme Court to dismiss a suit challenging the February 10 deadline for the circulation of old naira notes.

The Central Bank of Nigeria (CBN), which redesigned the naira, had fixed January 31 as the deadline of the old notes to be legal tender.

But the deadline was extended to February 10 after intense pressure on the government and the apex bank.

Last week, Godwin Emefiele said the apex bank was not considering extending the deadline.

The All Progressives Congress (APC) Governors had met with President Buhari over the issue and the president asked them to give him seven days to look into it.

But the governments of Kaduna, Kogi, and Zamfara states headed for the court to challenge the CBN.

Hot this week

Dungurawa Reelected Kano NNPP Chairman, Pledges Fair and Strengthened Party Leadership

By Jabiru HassanDungurawa Reelected as Kano NNPP Chairman, Promises...

“Jerry Gana: Stewardship in Integrity” by Simon Reef Musa,

Reviewed by Prof. Yemi OsinbajoBOOK REVIEW OF "JERRY GANA:...

China Ready to Fast-Track Zero-Tariff on Nigerian Exports — Ambassador

China has signaled its readiness to accelerate the rollout...

Why Tracking Bandits With Technology Is Difficult — Presidential Aide

The Special Adviser to President Bola Tinubu on Policy...

Sahel’s Jihadist Crisis Fuels Violence in Nigeria, Threatens West Africa

By Rachel Ndakotsu, Senior Researcher at the Institute for...

I Always Seek My Wife’s Permission Before Acting Romantic Scenes — Nosa Rex

Nollywood actor Nosa Rex has disclosed that he always...

Regina Daniels Says She Has No Plans to Remarry After Split From Ned Nwoko

Nollywood actress Regina Daniels has explained why she is...

Ancelotti Names Club He Believes Will Stop Arsenal in the Champions League

Brazil head coach Carlo Ancelotti has predicted that Arsenal...

Van Dijk Addresses Salah–Slot Row After Inter Win

Liverpool captain Virgil van Dijk has broken his silence...

Thousands March in Abuja as Middle Belt Groups Demand Official Regional Recognition

By Achadu Gabriel, KadunaTens of thousands of Middle Belt...

Sahel’s Jihadist Crisis Fuels Violence in Nigeria, Threatens West Africa

By Rachel Ndakotsu, Senior Researcher at the Institute for...

Related Articles

Popular Categories

spot_imgspot_img