10 States Ask Supreme Court To Nullify Buhari’s New Naira Order

• Ten states have called for Supreme Court intervention to nullify Buhari’s directive on new naira notes.

• The states have asked the apex court to declare the new directive “unconstitutional.”

• President Buhari had directed the Central Bank of Nigeria to recirculate only the old N200 notes.

EKO HOT BLOG reports that a request has been made by ten states to the Supreme Court, seeking a declaration that President Muhammadu Buhari’s new directive, which reintroduces old N200 notes and deems old N500 and N1,000 notes unconstitutional, is invalid.

EDITOR’S PICKS 

• BREAKING: Panic As Violence Erupts In Lagos Over Naira Scarcity

• JUST IN: Supreme Court Adjourns Lawsuit Against FG On Old Naira Notes

• Naira Swap Crisis: Again, Buhari Meets Emefiele At Aso Rock

President Buhari stated on Thursday that he instructed the Central Bank of Nigeria to exclusively put back into circulation the old N200 notes.

FURTHER READING

• Naira Redesign: El-Rufai, Yahaya Bello Storm S’Court For Proceedings In Suit Against FG

• Naira Crisis: Wike, Tambuwal, Sanwo-Olu Join Legal Battle Against Buhari, CBN

• ‘Cooked Up’ — Tinubu Reacts As Another Poll Predicts Obi’s Victory In 2023 Election

This is after the apex court did not vacate the order that the old N200, N500, and N1000 notes are still legal tender.

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