CBN Must Obey S’court Judgment On Old Naira Notes – Falana
The Alliance for Surviving COVID-19 and Beyond, ASCAB, comprised of 70 labour and civil society organisations, CSOs, has said that the Central Bank of Nigeria, CBN, must comply with the ruling of the supreme court on the deadline for the use of old naira notes.
Recall that a seven-member panel of the supreme court led by John Okoro, on Wednesday, temporarily stopped the federal government from restricting the use of the old naira notes after February 10.
The suit was filed by governors of Kaduna, Kogi, and Zamfara states.
Femi Falana, ASCAB’s interim chairman, in a statement on Thursday, alleged that there are speculations that the CBN has decided against obeying the ex parte order of the apex court.
The statement read, “The reason adduced for the contemptuous disregard fo...