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Jigawa Counters Buhari, Declares 1000, 500 Old Naira Notes Legal Tender - Politics - Nairaland

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Jigawa Counters Buhari, Declares 1000, 500 Old Naira Notes Legal Tender by tolue42(m): 12:48pm On Feb 17, 2023
The Jigawa State Government has vowed to enforce the Supreme Court order restraining the Federal government from banning the old naira notes as legal tender

The Nation reports President Buhari had on Thursday said that old ₦500 and ₦1000 notes are no longer legal tender in the country, directing the CBN to release old N200 notes into circulation as legal tender for the next 60 days.

According to the public notice, commercial banks, corporate organizations, ministries, agencies, and traders must accept the old notes or face sanctions from the state government

A statement by the Jigawa State Commissioner for Information, Youths, Sports and Culture, Bala Ibrahim obtained by The Nation, said: “The Jigawa State Government wishes to inform members of the Public that, it has come to its notice some individuals and corporate bodies are rejecting the now-old N200, N500 and N1000 notes.
The Jigawa State Government is concerned about the conduct of such individuals and corporate bodies.

“As a law-abiding Government, there are suits by various State Governments of which Jigawa State is among before the Supreme Court of Nigeria. The court has issued an order restraining the Federal Government of Nigeria, either by itself or acting through the Central Bank of Nigeria (CBN) and/or commercial banks, ministries, parastatals,
organisations or through any person or persons (natural and artificial) howsoever, from suspending or determining or ending on 10 February, 2023 the time frame within which the now older versions of the 200, 500 and 1000 denominations of the naira may no longer be legal tender pending the hearing and determination of the motion on notice.

“Jigawa State Government respects the rights of its people and those rejecting the now-old currencies are enjoined to desist from disobeying the law and causing hardship to the people of Jigawa State. Jigawa State Government will not hesitate to use section 287(1) of the Constitution (as amended) and other extant laws to enforce the order of the Supreme Court of Nigeria.

“For clarity, the section provides, “The decisions of the Supreme Court shall be enforced in any part of the Federation by all authorities and persons, and by courts with subordinate jurisdiction to that of the Supreme Court”. People are advised to report any traders or business organisation that refuses to accept the now-old N200, N500 and N1000 notes as legal tender in Jigawa State to the nearest appropriate authorities.”..

https://thenationonlineng.net/jigawa-counters-buhari-declares-1000-500-old-naira-notes-legal-tender/

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Re: Jigawa Counters Buhari, Declares 1000, 500 Old Naira Notes Legal Tender by Xscape1993(m): 12:50pm On Feb 17, 2023
The evil party was just a political mistake in 2015.
Re: Jigawa Counters Buhari, Declares 1000, 500 Old Naira Notes Legal Tender by incandescentena: 12:51pm On Feb 17, 2023
Apc is a party divided against itself


A 'New Nigeria' is unveiling
Re: Jigawa Counters Buhari, Declares 1000, 500 Old Naira Notes Legal Tender by Massiveglory: 12:51pm On Feb 17, 2023
Indigenous people of jigawa head by badaru loading ( IPOJ)
Indigenous people of kaduna and kano headed by ganduje and elrufai warming up ( IPOK)
grin grin
Re: Jigawa Counters Buhari, Declares 1000, 500 Old Naira Notes Legal Tender by incandescentena: 12:54pm On Feb 17, 2023
Massiveglory:
Indigenous people of jigawa head by badaru loading ( IPOJ)
Indigenous people of kaduna and kano headed by ganduje and elrufai warming up ( IPOK)
grin grin
70years oldman. Keep supporting Indigenous People of Agberoism{IPOA}
grin tongue
Re: Jigawa Counters Buhari, Declares 1000, 500 Old Naira Notes Legal Tender by psucc(m): 12:55pm On Feb 17, 2023
Still the oil money from South. Now we will have to cork the pipeline and stop the flow.

Let's see where the notes will flow in from.

But seriously, do we still have a President?
Re: Jigawa Counters Buhari, Declares 1000, 500 Old Naira Notes Legal Tender by Mynd44: 1:16pm On Feb 17, 2023

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