Old Naira: No future President, CBN gov can upturn Supreme Court order – El-Rufai

Written by on March 3, 2023

Governor Nasir El-Rufai of Kaduna state said no incoming President or Governor of Central Bank of Nigeria (CBN) can upturn the current ruling of the Supreme Court on the old naira notes.

El-Rufai stated this while speaking with news men after the judgment of the apex court on the old naira note today.

Recall that the Supreme Court, today, nullified the ban on use of the old N200, N500 and N1000 banknotes as legal tenders.

The apex court, in a unanimous decision by a seven-member panel of Justices, held that the old banknotes should remain valid legal tenders until December 31.

It held that the old Naira notes should be used alongside the redesigned currencies.

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