.

The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN, has said the Federal Government would comply with the order of the Supreme Court for the Central Bank of Nigeria, CBN, to suspend its scheduled deadline for the use of the old N200, N500 and N1000 banknotes.

Malami, who had since filed a preliminary objection to challenge the apex court order, said the government would abide by it until it is set aside.

The AGF made FG’s position on the matter known when he appeared as a guest on Arise Television.

He faulted the order of the apex court on the premise that the CBN, being a necessary party, was not joined in the suit that was filed by three northern states.

It was Malami’s position that joining the CBN in the suit that was filed by Kaduna, Kogi and Zamfara states, would have stripped the Supreme Court of the requisite jurisdiction to entertain the case as the court of first instance.


He stressed that despite the fact that the apex court lacked the jurisdiction to suspend the February 10 deadline the CBN okayed for the end of the use of the old banknotes as let tender in the country, he said FG would obey the ruling owing to its inclination to the rule of law.

Malami, said: “The order was granted by the Supreme Court and the order was to laspe on Wednesday which is the day of the hearing. With that position in mind, we have taken steps to file an objection challenging the jurisdiction of the court to entertain the matter.

“Jurisdiction on the grounds that when you talk of monetary policy regardless of the characters they take, the Central Bank is an indispensable and a necessary party for that matter.

“What we have at hand is a situation where the Central Bank is not joined as a party and if the Central Bank as an institution is not joined as a party the position of the law is clear that the original jurisdiction of the Supreme Court cannot be properly invoked.

“So we have given considerations to diverse issues inclusive of the issue of jurisdiction and come Wednesday we will argue the case from that perspective amongst others.

“I think what we are talking about is not whether the ruling is binding or not binding, we are talking about what we intend to do. There is no doubt the fact that the ruling of the Supreme Court regardless of the prevalent circumstances is binding and then within the context of the Rule of Law, you can equally take steps that are available to you within the context of the spirit and circumstances of the Rule of Law and what we are doing in essence is compliance with the Rule of Law both in terms of obedient to the ruling and in terms of challenging the ruling by way of putting our own side of the story, putting across our case, challenging jurisdiction.

“So the issue of obedience to the ruling of the Supreme Court is out of it we are wholeheartedly in agreement that naturally we are bound by it and will comply accordingly but within the context of compliance we shall challenge the ruling by way of filing an application seeking for it to be set aside, it is all about the rule of Law.

“The Rule of Law provides that there has to be obedience to the judgment and orders of the Supreme Court, the Rule of Law provides that when you are not happy with a ruling you can file an application for setting aside and in compliance with the rights and privileges vested in us as a government we are equally looking at challenging the order and seeking for it to be set aside”, he added.

https://www.vanguardngr.com/2023/02/old-naira-notes-fg-ll-obey-supreme-courts-judgment-malami/

Confusion everywhere

Only beer palour, illiterate, and unlearned analysts even assumed that the F.G will not honour the interlocutory decision of the Supreme Court.

When the Supreme Court of Nigeria makes a decision, the only authority that can upturn it is "God in heaven". There are courts and there is the SUPREME COURT. The decision of the Supreme Court is final as in

F
I
N
A
L

Powerful figures in democracies across the world influence the compositions of the Supreme Court to get their way because they know that the decision of the Supreme Court is final whether in America or anywhere.

The first thing Buhari did as a prelude to 2019 polls was to remove the CJN whom he couldn't trust. Last year, a "Yoruba Muslim" CJN was appointed.

Una think say the Presidential elections of Africa's most populous country na to insult una papa and mama for social media?

Fake news by Tilumbu

There will be no extension

On that February 15, Supreme Court no go give a judgement, them go still postpone am till maybe March

ZOmBIdiot Urchins go cry well well

He has no choice

The Supreme Court judgement on the ex parte motion was written in plain baby English and anyone struggling to understand it yet calls himself a lawyer is just being mischievious or criminally-minded

Below is what the Supreme Court held:


In his ruling, the Justice revealed that after careful consideration of the motion exparte, this application is granted as prayed.

“An order of Interim Injunction restraining the federal government through the Central Bank of Nigeria (CBN) or the commercial banks from suspending or determining or ending on Feb. 10, the time frame with which the now older version of the 200, 500 and 1,000 denomination of the naira may no longer be legal tender pending the hearing and determination of their motion on notice for interlocutory injunction.”


It is high time NJC and NBA sanction lawyers making a mockery of the SC on this issue.
check my signature for free stuffs!

FreeStuffsNG:
He has no choice

The Supreme Court judgement on the ex parte motion was written in plain baby English and anyone struggling to understand it yet calls himself a lawyer is just being mischievious or criminally-minded

Below is what the Supreme Court held:


In his ruling, the Justice revealed that after careful consideration of the motion exparte, this application is granted as prayed.

“An order of Interim Injunction restraining the federal government through the Central Bank of Nigeria (CBN) or the commercial banks from suspending or determining or ending on Feb. 10, the time frame with which the now older version of the 200, 500 and 1,000 denomination of the naira may no longer be legal tender pending the hearing and determination of their motion on notice for interlocutory injunction.”


It is high time NJC and NBA sanction lawyers making a mockery of the SC on this issue.

Exactly. It's contempt ex facie curia for lawyers to be criticizing a decision of the supreme court because of emotions and political partisanship. The lawyers deserved to be jailed.

Parachoko:
Fake news by Tilumbu

There will be no extension

On that February 15, Supreme Court no go give a judgement, them go still postpone am till maybe March

Confused set of human beings. First it was the notes were dyed and of poor quality. Second you supported it because it suits the narrative that it'll prevent Tinubu from buying votes. You go out and queue under the sun waiting to withdraw notes for hours, criticize the policy and at still turn around to say you don't want an extension because you think it affects the chances of thhe ruling party winning the election? What is really wrong with you?😁

Hahahaha!

Malami is a fool.

Just like Mike Aandoaka during the Yar'Adua regime.

We have been cursed with many useless Ministers of Justice.

there is something this government can obey............supreme court!

Even if the Supreme Court did not tell you, you don't have eyes to see what your useless policy has coursed? Obi and Atiku will see Shege on election day, what they thought will be the downfall of Bola Tinubu is now a blessing to him, Nigerians with sense now love him for speaking up against Emefailure and his northern puppeteers.

N3TRAL:
Only beer palour, illiterate, and unlearned analysts even assumed that the F.G will not honour the interlocutory decision of the Supreme Court.

When the Supreme Court of Nigeria makes a decision, the only authority that can upturn it is "God in heaven". There are courts and there is the SUPREME COURT. The decision of the Supreme Court is final as in

F
I
N
A
L

Powerful figures in democracies across the world influence the compositions of the Supreme Court to get their way because they know that the decision of the Supreme Court is final whether in America or anywhere.

The first thing Buhari did as a prelude to 2019 polls was to remove the CJN whom he couldn't trust. Last year, a "Yoruba Muslim" CJN was appointed.

Una think say the Presidential elections of Africa's most populous country na to insult una papa and mama for social media?

Dem no understand...Most people don't know the game at play here...From the look of things, the 3 governors have achieved their aims of slowing down the implementation till after election...We should look at it from holistic point of view..Even World bank and IMF is against the implementation...But some Nigerians are being emotional.

Parachoko:
Fake news by Tilumbu

There will be no extension

On that February 15, Supreme Court no go give a judgement, them go still postpone am till maybe March

Tinubu is giving them nightmares.

Many still cannot believe he outsmarted them to become APC presidential candidate.

The organic candidate amongst the many charlatans and opportunists.

I never argued with anybody over this, someone said Buhari will not obey it, CBN will trash the order from Supreme court. I only laughed at their ignorance.

If CBN fails to abide by the order, so many enlightened citizens will claim damages relying on the order of Supreme court.

People are suffering. This whole naira redesign has affected and is still affecting alot of people and some blockheads think it should remain that way because they think it increases the chances of their preferred candidate winning the up coming election. you have to be a really stupid person to be an Obi follower. How can you be complaining about something and supporting it at thesame time?

N3TRAL:


Exactly. It's contempt ex facie curia for lawyers to be criticizing a decision of the supreme court because of emotions and political partisanship. The lawyers deserved to be jailed.

What of if there was no judgement on the 15th? Will the injunction earlier granted elapse? Can the court still extend the implementation date on the 15th?

JAMO84:
Even if the Supreme Court did not tell you, you don't have eyes to see what your useless policy has coursed? Obi and Atiku will see Shege on election day, what they thought will be the downfall of Bola Tinubu is now a blessing to him, Nigerians with sense now love him for speaking up against Emefailure and his northern puppeteers.

I am certain that once Tinubu wins the election on February 25th, Emefiele would copy Diezani Allison-Madueke and proceed on foreign leave until Buhari's tenure is over.

He would not set his corrupt and conniving feet on Nigerian soil again.

Throwback:


Tinubu is giving them nightmares.

Many still cannot believe he outsmarted them to become APC presidential candidate.

The organic candidate amongst the many charlatans and opportunists.

One of them promise to deactivate his account if Asiwaju win the ticket at the APC primary election 😸😸

burp18:
People are suffering. This whole naira redesign has affected and is still affecting alot of people and some blockheads think it should remain that way because they think it increases the chances of their preferred candidate winning the up coming election. you have to be a really stupid person to be an Obi follower. How can you be complaining about something and supporting it at thesame time?

Why e dey shock you?

They have long been enduring a failure in Obi, just to prevent the presidential destiny of Bola Tinubu.

But will CBN return mopped money into the economy? No. Sadly the scarcity continues

Jogs1900:

What of if there was no judgement on the 15th? Will the injunction earlier granted elapse? Can the court still extend the implementation date on the 15th?

If them no give judgement on Feb 15th, the injunction granted earlier won't elapse.

They will likely not give judgement

E dey b like say Wike wan join the 3 Governors for this case sef

So there will likely be an extension till after the election.

See as Yoruba people dey jump up on thread . Say Tinubu go share his billions for votes . Same Sophisticators

This people self

How shameless can shame be

Anyways.. we wait 15.

And see how Dey wished to bribe sc judges and set this country on fire


Either ways plus minus

Tinubu no go ever govern Nigeria . Any how he wan do am

We go collect the money jonze am mean mean

Shebi Yoruba no Dey betray dia own .. so make we betray their our own for Yoruba people

Dan Bayerebe banza .. Kia!!!

Atiku no get Opposition . Walahi fa!!
25 is here

Na for here I go mock this people till Nairaland ban me for a century

Power to the people
North 2023

Throwback:


Why e dey shock you?

They have long been enduring a failure in Obi, just to prevent the presidential destiny of Bola Tinubu.

I would rather endure another 8 years of Buhari than have an Obi presidency. The man is a failure at both state and national level.

Jogs1900:

What of if there was no judgement on the 15th? Will the injunction earlier granted elapse? Can the court still extend the implementation date on the 15th?

The injunction is an interlocutory decision, it subsists pending the determination of the suit to protect the res.

In simpler terms, the injunction will be binding on the parties until the Supreme Court decides on the matter.

For instance, If a State Government wants to demolish a building and the owner gets an injunction from a high court of the state to prevent the demolition, the injunction will last until the high court decides whether the Government has the right to demolish the building or not because if the Government destroys the building before the judgement of the court, the government will not be able to rebuild the exact building if the court rules in favour of the owner of the building.

The central bank of Nigeria and the FG will not be able to repair the damages that will occur because of the rejection of old naira notes if the judgment favours the State Governors at the end. The injunction will therefore subsist till the matter is determined.

If judgment is given in 2030, That's when the injunction will elapse

You don't have choice? Only delution IPOB members are thinking otherwise. They are here arguing with us since. That CBN was not made a party to the case, it's still court that will determine maybe that's right or wrong.

The only problem now be say, there will still be scarcity unless Buhari gives an order to Emefiele.

Asgard13:
See as Yoruba people dey jump up on thread . Say Tinubu go share his billions for votes . Same Sophisticators

This people self

How shameless can shame be

Anyways.. we wait 15.

And see how Dey wished to bribe sc judges and set this country on fire


Either ways plus minus

Tinubu no go ever govern Nigeria . Any how he wan do am

We go collect the money jonze am mean mean

Shebi Yoruba no Dey betray dia own .. so make we betray their our own for Yoruba people

Dan Bayerebe banza .. Kia!!!

Atiku no get Opposition . Walahi fa!!
25 is here

Na for here I go mock this people till Nairaland ban me for a century

Power to the people
North 2023

a house divided against itself they say cannot stand. If Atiku,Obi, and Kwankwaso together couldn't pull of the 2019 elections . What makes you think the PDP will win the election now that they're split? They may have just handed Tinubu victory @the polls on a platter.

CBN useless.. they should have made sure people had access to the Naira before calling for a deadline

Sad news to zombidients.

N3TRAL:


The injunction is an interlocutory decision, it subsists pending the determination of the suit to protect the res.

In simpler terms, the injunction will be binding on the parties until the Supreme Court decides on the matter.

For instance, If a State Government wants to demolish a building and the owner gets an injunction from a high court of the state to prevent the demolition, the injunction will last until the high court decides whether the Government has the right to demolish the building or not because if the Government destroys the building before the judgement of the court, the government will not be able to rebuild the exact building if the court rules in favour of the owner of the building.

The central bank of Nigeria and the FG will not be able to repair the damages that will occur because of the rejection of old naira notes if the judgment favours the State Governors at the end. The injunction will therefore subsist till the matter is determined.

If judgment is given in 2030, That's when the injunction will elapse

Lol. And the case will keep getting adjourned until after the elections

N3TRAL:


The injunction is an interlocutory decision, it subsists pending the determination of the suit to protect the res.

In simpler terms, the injunction will be binding on the parties until the Supreme Court decides on the matter.

For instance, If a State Government wants to demolish a building and the owner gets an injunction from a high court of the state to prevent the demolition, the injunction will last until the high court decides whether the Government has the right to demolish the building or not because if the Government destroys the building before the judgement of the court, the government will not be able to rebuild the exact building if the court rules in favour of the owner of the building.

The central bank of Nigeria and the FG will not be able to repair the damages that will occur because of the rejection of old naira notes if the judgment favours the State Governors at the end. The injunction will therefore subsist till the matter is determined.

If judgment is given in 2030, That's when the injunction will elapse

Nice this guy is enlightening
God bless you
Keep educating this people ignorance

POGazette:
CBN useless.. they should have made sure people had access to the Naira before calling for a deadline

This whole sham is deliberately made to frustrate people. Get people infuriated so until it escalates into a full blown riot. We've had currency changes in the past and we didn't have to go through this sort of stress.The CBN gov should be arrested

N3TRAL:


The injunction is an interlocutory decision, it subsists pending the determination of the suit to protect the res.

In simpler terms, the injunction will be binding on the parties until the Supreme Court decides on the matter.

For instance, If a State Government wants to demolish a building and the owner gets an injunction from a high court of the state to prevent the demolition, the injunction will last until the high court decides whether the Government has the right to demolish the building or not because if the Government destroys the building before the judgement of the court, the government will not be able to rebuild the exact building if the court rules in favour of the owner of the building.

The central bank of Nigeria and the FG will not be able to repair the damages that will occur because of the rejection of old naira notes if the judgment favours the State Governors at the end. The injunction will therefore subsist till the matter is determined.

If judgment is given in 2030, That's when the injunction will elapse

Waoh...Thank you for this...CBN has been cornered.