Gist
Reactions Trail Supreme Court Ruling On Deadline For Old Notes
Nigerians have taken to social media to react to the judgement of the Supreme Court stopping the Central Bank of Nigeria (CBN) from implementing old naira notes deadline.
Naija News earlier reported that a seven-man panel of the apex Court led by Justice John Okoro, in a unanimous ruling, restrained the Federal Government, Central Bank of Nigeria and their agents and commercial banks from implementing the February 10 deadline for the now old 200, 500 and 1000 naira notes to stop being a legal tender.
The apex court also stopped the Federal Government, CBN and commercial banks from continuing with the deadline pending the determination of a notice in respect of the issue on February 15.
Following the judgement, some Nigerians applauded verdict of the apex court, while others could not hide their disappointment at the court ruling.
See some of the reactions below.
Don’t sleep on!
Deadline to return your old notes is still 10 February 2023 until you hear otherwise from the CBN.
— Omotayo Williams (@KadunaResident) February 8, 2023
The Supreme Court of Nigeria mandating CBN and Federal Government not to implement the February 10th deadline for the Validity of the old Naira notes as legal tender is the right decision.
The CBN should go back to the drawing board.
— Stanley Ezinna, MBA. (@Stazingar) February 8, 2023
"BREAKING: Supreme Court blocks Buhari, CBN from banning old Naira notes"
Same Supreme Court that couldn't halt the FG from sacking a sitting CJN.
Same Supreme Court that looked the other way as the FG appoints Service Chiefs against Fed. Character?😏
Naija is not for d weak🤣
— ChemAntHoney 🇳🇬 (@VoiceOfFancee) February 8, 2023
The Supreme Court has just suspended the CBN deadline slated for February 10th. Not sure if the Presidency will accept this ruling or if CBN will comply. The Supreme Court is also clearly being manipulated.
— Sir David Onyemaizu🦍 (@SirDavidBent) February 8, 2023
Halt the nonsense!!
— OSENI Lanre Kamil-M (@lanrehussain) February 8, 2023
Thank you Supreme Court. Let us see if Emefiele will not obey the order.
Nigerians should be allowed to spend the old naira notes until the Apex Bank is ready to make available enough new notes.
Case closed!
— #AsiwajuOladimeji (@AsiwajuOladimej) February 8, 2023
The Supreme Court ‘s decision on lifting the ban on the naira note is just empowering politicians .
Lifting the ban after banks already have the old notes in their care with no new note in circulation will only give politicians that have stashed the old naira notes upper hand!
— Mavis Ikpeme (@mavisikpeme) February 8, 2023
They changed the Naira, hid it from the general public, and sponsored thugs to make it obvious that life is miserable for Nigerians. Now, they have instructed their puppeteer in the Supreme court to ensure old Naira is in use
We know their games, and we will still vote them out pic.twitter.com/xabXGOKtbF
— Alákòwé (@alakowe_e) February 8, 2023
Breaking News: Supreme Court temporarily halts Old Naira Notes Ban.
These three Govs couldn't use thid same energy when ASUU went on strike, fuel crisis, insecurities , inflation, hunger etc. But when it was about money, they were active .
May God help this Country 🙏— Nwanyi Aguleri (@gifylicious) February 8, 2023
The suspension of the deadline for old naira notes by Supreme Court today will not end our currency predicament unfortunately, the issue is lack of money in circulation, unless the CBN directs banks to issue old naira notes to us, the crisis is far from over. Talaka bawan Allah!
— Peacock (@dawisu) February 8, 2023
Dear Nigerians,
You no longer need to go & queue in the bank, keep your old naira notes & go about your businesses. Don’t fight or struggle for the new notes, it’ll eventually reach to you. You are finally free to use & keep your money whether old or new.
Supreme Court said so.
— Adamu Garba II (@adamugarba) February 8, 2023
The supreme court judgment is of no use to the masses. CBN has already taken over 1 trillion naira worth of old notes out of circulation.
This decision won't bring back the old notes into circulation or make the new notes available.— NKEM #PeterObi2023 (@Nkemchor_) February 8, 2023
