Major General Mohammadu Buhari has directed the CBN(Central Bank of Nigeria) to recirculate the old N200 notes for additional 60 days.
For those mischievous lawyers and non-lawyers who were questioning whether the Supreme Court had original jurisdiction to entertain the pending suit; i’m sure it’s now clear beyond doubt that the CBN and the CBN Governor are agents of the President/FG. I’m sure you also know that in law, once you sue a “Disclosed Principal” you wouldn’t necessarily need to join the agents of the disclosed principal.
What the Major General has done is tantamount to CONTEMPT OF COURT! The subsisting Order of the SC stayed the Feb 10 deadline “PENDING THE HEARING AND DETERMINATION OF THE SUBSTANTIVE MOTION”. The Attorney-General of the Federation (Malamí) is fond of giving bad legal advice to the Major General and must have told him that he has the power to meddle with a matter pending before the SC. NO sir, you guys cannot do that! In advanced countries, the National Assembly will immediately commence impeachment proceedings against you for the brazen CONTEMPT OF COURT!
And NO, your policy has not reduced money politics! Money is still changing hands!
CONCLUSION: Nobody is against the new naira notes. Allow the old notes to naturally phase out! It is totally wrong and unconscionable to craft monetary policy with political motives!
1 thought on “Naira Swap: Lawyers Questioning the SC Original Jurisdiction are being Mischievous, President’s Speech Contemptuous- Steve Nwankwo, Esq.”
Funny how you have listed the CBN as an agent of the Federal Government. I hope next time you want to sue INEC in a pre election matter, dont bother joining INEC just sue the Federal government because INEC is an agent of federal government. Brazen stupidity
Funny how you have listed the CBN as an agent of the Federal Government. I hope next time you want to sue INEC in a pre election matter, dont bother joining INEC just sue the Federal government because INEC is an agent of federal government. Brazen stupidity