Skip to content

Calitown

News, Here, Everytime!

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational
  • Toggle search form
  • C’River: Tension Rises In Ugep, One Killed In Cult Clash Cross River News
  • “There Must Be A Takeover In 2027” – Imoke Sounds Political ‘War’ Cry! Cross River News
  • “This Is Our Only Response” – C’River State Govt Tells Akwa Ibom State Govt! News
  • Cross River’s 76 Oil Wells & The “Abiku” Paradox Features
  • Nentawe Goshwe Yilwatda’s Appointment As APC Chairman: A Triumph Of Meritocracy & A Boost For Democratic Strengthening In Nigeria Features
  • Obubra/Etung Fed Constituency: How Long Will You Mourn Over Saul? Features
  • Peter Obi Says Nigeria’s Failed Leadership Failed Unical Dentistry Students Cross River News
  • Unicross Holds Historic Senate Meeting, Announce New DVCs Cross River News

Supreme Court Says Old Naira Valid Till December 2023

Posted on March 3, 2023 By Admin No Comments on Supreme Court Says Old Naira Valid Till December 2023

The Supreme Court of Nigeria delivering a unanimous judgement a few minutes ago on the Naira Redesign Policy, held as follows;

1. The Defendant, that’s the Federal Government, ought not to be heard when it has refused to obey the orders of this Honourable Court. The disobedience of the orders of the Court is a sign of the failure of rule of law.

2. This suit has merits.

3. The demonetisation policy is inconsistent with the CBN Act.

4. The President cannot make a unilateral policy without carrying the Plaintiffs along.

5. In issuing the policy, the president is under an obligation to carry the National Council of States along.

4. The policy has impeded the functions of State Governments.

5. The directive of the President is illegal.

6. Old version of the naira notes shall continue to be legal tender with the new naira notes until 31st December, 2023.

Credit: First Baba Isa (FBI), from the Supreme Court.

Share this post:

Share on X (Twitter) Share on Facebook Share on Pinterest Share on LinkedIn Share on Email Share on WhatsApp Share on Telegram
Breaking News, News Tags:CBN

Post navigation

Previous Post: Ayade And The Road Back To Kakum!
Next Post: “I Am Going To The CRS House Of Assembly With A Blueprint” – Stanley Nsemo

Related Posts

  • Former PDP National Scribe Says He Has Capacity For Top PDP Job In C’River Cross River News
  • Imoke Appoints 14 New Permanent Secretaries News
  • CRS House Of Assembly Loses Second Member In Three Months Breaking News
  • Former C’River Accountant General Kidnapped! Cross River News
  • Duke, Imoke, Ayade Others Condole Late Air Force Officer’s Family Cross River News
  • Unical To Take Delivery Of 400-Room Hostel In December 2018 Cross River News

Leave a Reply Cancel reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Comments

  • Michael Eyong on C’River: Tension Rises In Ugep, One Killed In Cult Clash
  • Eban Eyare on Tension In Ikom Community As Young Man Drowns In River
  • Comrade Ekum Nchewi Edu. A politicker. SUG PRESIDENT COLLEGE OF NURSING SCIENCES ITIGIDI. on On The 77 Oil Wells & The Supreme Court Judgement: CRS Still Has Subsisting Legal & Potential Arguable Claim To Justify The Ownership Of The Wells
  • Tony Nyong on On The 77 Oil Wells & The Supreme Court Judgement: CRS Still Has Subsisting Legal & Potential Arguable Claim To Justify The Ownership Of The Wells

ADVERT: Click to Watch!

https://calitown.com/wp-content/uploads/2017/10/VID-20170928-WA0003.mp4
  • Stakeholders Slam CR Cassava Growers Boss Over Rash ‘Ugep Garri’ Comments Cross River News
  • Read John Owan Enoh’s Victory And Acceptance Speech Here Cross River News
  • Ayade Weilds Big Stick, Lashes Ekureku Ward II PDP Stakeholders Cross River News
  • B O M B: “I Run The CR Ministry Of Justice From My Pocket” – CR Attorney-General Breaking News
  • POS Robbers Hit Calabar News
  • ONNOGHEN: Odili Disagrees As S-Court Strikes Out Cross River’s Suit Cross River News
  • Prof Carpets Nigeria’s Role In Bakassi’s Ceding Community
  • Gunmen Snatch Former Security Chief’s Brother In Calabar Cross River News

CALITOWN
...News, Here, Everytime

Quick Menu

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational

Copyright © 2021 calitown
172 Greenwood Avenue , Hull. East Yorkshire. HU6 9NY

Powered by PressBook News WordPress theme