Supreme Court says Old naira notes remain legal tender

Written by on February 15, 2023

The Supreme Court has said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the use of old 200, 500 and 1000 naira notes still subsist.

The court made the clarification today following complaint by lawyer to Kaduna, Kogi and Zamfara States, Abdulhakeem Mustapha (SAN) that the Fed Government and its agencies have failed to comply with the order and have allegedly directed the rejection of the old notes.

Mustapha said the plaintiff filed a notice of none-compliance with the order of the court order made on February 8 and demanded that the court take action against the respondent to protect the dignity of the court.

Justice John Okoro, who presided over a seven-member panel of the court, asked Mustapha to file a proper application to put forward his complaints and to enable the respondent respond appropriately.



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