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Nigerians React As Supreme Court Fixes March 3 For Judgement In Suit Against Naira Redesign Policy

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Nigerians on Twitter have started reacting to the Supreme Court’s decision fixing March 3rd as the date it will deliver judgement in the suit challenging the naira redesign policy of the Central Bank of Nigeria (CBN).

Nigerians React As Supreme Court Fixes March 3 For Judgement In Suit Against Naira Redesign Policy 3

Reactions By Nigerians Over Supreme Court Decision Extending Judgement In Naira Redesign Suit

Kanyi Daily earlier reported that the Supreme Court announced its decision on Wednesday.

Recall that governors elected under the platform of the All Progressives Congress (APC) had said that the policy was aimed at making the ruling party unpopular ahead of the elections.

By the apex court adjournment of the suit,  the judgement will now be delivered after the presidential election holding on Saturday, February 25th.

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Sixteen states filed the suit with the latest being Rivers, Kano, Niger, Jigawa, Nasarawa, and Abia.

The suit was initiated by Kaduna, Kogi, and Zamfara before the supreme court.

The states are seeking to restrain the federal government from giving effect to the deadline on the use of old  N200, N500, and N1,000 notes.

The apex court on February 8, temporarily restrained the CBN from implementing its deadline following an ex parte application brought by the three states.

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Subsequently, several states approached the apex court to be joined in the suit.

Ondo, Ekiti, Katsina, Ogun, Cross River, Lagos, and Sokoto states were among the first batch to be joined as co-plaintiffs, while Edo and Bayelsa states joined the attorney-general of the federation (AGF) as defendants.

The plaintiffs are arguing that the implementation of the policy has caused untold hardship for Nigerians.

The states had asked the supreme court to declare President Muhammmadu Buhari’s directive reintroducing the N200 notes and declaring old N500 and N1000 notes as unconstitutional.

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Buhari had on Thursday last week, directed the Central Bank of Nigeria (CBN) to recirculate only the old N200 notes as a measure to reduce the naira scarcity and suffering of Nigerians.

Reacting to the decision of the Supreme Court to deliver its judgement on March 3rd, Nigerians took to their Twitter handles to express their feelings about the judgement.

The majority of them appeared happy with the decision by the court.

Below are some of the reactions:

“I believe there is a transformer near a short person government house in Kaduna.”

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Buhari…na my Correct Man, if na only this one you do it go a long way to consolidate other loopholes.”

“Gbagam! Next move to the poll. OBI 4 life.”

“God bless BUBU history will neva 4get u”

“We thank God for using Buhari & Emefiele to fight our enemies (Evil APC party) and granting us victory. 🙏”

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“@elrufai good day your Excellency sir.”

“APC Governors: Last Card
Supreme Court: General Market! Hold on!”

“S’court wey wise FG don win.”

“Wahala, wahala, wahala abeg let baba Buhari continues with another 4 yrs 😂😂😂”

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“Nothing supreme Court has to judge in this matter, till the end of the election, when they will sit for it again is after the election, and what you will hear is the cased has been closed, FG has agreed to work on it… Blabkabla! Ended with Bulubala.”

“Nobody:

“Buhari to APC governors right now:👇👇👇”

“You go Dey trust court 😂💔. Who owns the court and the naira suit no be FG 😂”

“Not expecting anything less. SC will adjourn till after the governorship election”

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“@elrufai @dabiodunMFR you can now start your own CBN na 🤣🤣🤣.
Central Bank of Kaduna 🤣🤣🤣”

In other news, Kanyi Daily reported that
Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, February 22, 2023, granted an interim forfeiture of 14 properties in Lagos, Abuja, and the United Arab Emirates linked to the Kogi State Government.

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