Retail
  • Home
  • News
  • 2023 election
  • Governance
  • National Assembly
  • Presidency
  • Foreign
  • Privacy Policy
No Result
View All Result
Premium Politics
No Result
View All Result
Home featured

Old naira: Group hails court restraining Buhari, Emefiele from new deadline

by Marcus Amudipe
February 7, 2023
in featured, News
Reading Time: 1 min read
Old naira: Group hails court restraining Buhari, Emefiele from new deadline
3
VIEWS
Share on FacebookShare on Twitter

Wilson Adekumola

Group of national interest defenders consisting Lawyers and civil society organisation, has commended the decision of an High Court of the Federal Capital Territory, FCT, which barred the President of the Federal Republic of Nigeria, Muhammadu Buhari, the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele and 27 commercial banks operating in the country, from suspending, stopping, extending or interfering with the currency redesign February 10 deadline or issue any directive contrary to the said deadline.

YOU MAY ALSO LIKE

Kogi Assembly holds members-elect induction course

Again, Plateau police seal Assembly complex

The convener of the Coalition, Tochukwu Ohazuruike, in a statement on Tuesday, made this known.

He also praised the FCT High Court for granting an order directing the CEOs of the banks to explain why they should not be arrested and prosecuted for the economic and financial sabotage of the country by their alleged illegal hoarding, withholding, not paying or disbursing the new N200, N500 and N1000 banknotes despite supply of such notes by the CBN. Leadership reports.

The statement reads, “We hope CBN obeys the Court order and ensure that the February 10th deadline remains sacrosanct. No more extension will be tolerated. CBN has operational and monetary policy independence. Section 1 (3) of the CBN Act 2007 states, ‘in order to facilitate the achievement of its mandate under this Act and the Banks and Other Financial Act, and in line with the objective of promoting stability and continuity in economic management, the Bank shall be an independent body in the discharge of its functions.’ Emefiele should go ahead and carry on his Constitutional duties and not again succumb to the selfish needs of politicians, who are worried about losing election and disguising that they are calling for extension in the interest of Nigerians.”

Tags: CBNMuhammdu BuhariNew Naira
ShareTweetSend
ADVERTISEMENT
Previous Post

Why Tinubu is fit to lead Nigeria- Fashola

Next Post

Naira/fuel crisis: Group gives Emefiele, Kyari three days ultimatum

Related Posts

Kogi Assembly holds members-elect induction course
News

Kogi Assembly holds members-elect induction course

May 31, 2023
Again, Plateau police seal Assembly complex
News

Again, Plateau police seal Assembly complex

May 31, 2023
Caleb Mutfwang
Governance

Plateau gov names SGS, AG, others

May 31, 2023
Femi Adesina
News

Femi Adesina gets new job at The Sun newspaper

May 31, 2023
Enugu govt orders ex-political appointees to hand over
News

Enugu govt orders ex-political appointees to hand over

May 31, 2023
Why I prefer Mallam over His Excellency – Jigawa gov
News

Why I prefer Mallam over His Excellency – Jigawa gov

May 30, 2023
Next Post
Naira/fuel crisis: Group gives Emefiele, Kyari three days ultimatum

Naira/fuel crisis: Group gives Emefiele, Kyari three days ultimatum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Senator Oluremi Tinubu

Reactions as First Lady reportedly attend Tinubu, Emefiele, Kyari meeting

by Kazeem Owoseni
June 1, 2023

Tinubu receives Chinese envoy to boost diplomatic ties

PHOTOS: Tinubu receives Chinese envoy to boost diplomatic ties

by Alade Abayomi Adeleke
May 31, 2023

JUST IN: Uzodinma named APC govs’ forum chair

JUST IN: Uzodinma named APC govs’ forum chair

by Marcus Amudipe
May 31, 2023

Kogi Assembly holds members-elect induction course

Kogi Assembly holds members-elect induction course

by Marcus Amudipe
May 31, 2023

Premium Politics

© 2023 Premium Politics

Navigate Site

  • Home
  • News
  • 2023 election
  • Governance
  • National Assembly
  • Presidency
  • Foreign
  • Privacy Policy

Follow Us

No Result
View All Result
  • Home
  • News
  • 2023 election
  • Governance
  • National Assembly
  • Presidency
  • Foreign
  • Privacy Policy

© 2023 Premium Politics

Go to mobile version