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CSOs petition CJN over Supreme Court’s order on naira notes deadline 

CSOs petition CJN over Supreme Court’s order on naira notes deadline 

The Coalition of Civil Society Organisations of Nigeria (CSOs) has petitioned the Chief Justice of Nigeria (CJN) Olukayode Ariwoola, to reverse the suspension of the February 10th deadline for exchanging old for new naira notes.

Politics Nigeria reports that Obed Okwukwe, the coalition’s national coordinator while speaking at a news conference in Abuja said the Supreme Court lacked the authority to pass judgment on the case.

READ ALSO: How not to redesign the naira, by Hassan Gimba

“We say it categorically that the Supreme Court does not have the jurisdiction to entertain  matter that has been presented before it by some state Attorney General. We the CSOs are rejecting it.

“It is a plot to open bank vaults to enable vote buyers and holders of illicit wealth to have the cash to buy votes.

“We urge the CJN to hurriedly vacate the Ex-parte order in the overall interest of the Nigerian election,” Okwukwe said.

Okwukwe further asserted that the CBN policy has the backing of the federal government.

In a case brought before it by the governments of Zamfara, Kogi, and Kaduna States, the apex court issued an interim injunction against the CBN and the federal government on Wednesday morning. This allows the old N200, N500, and N1000 to remain legal tender past the deadline of February 10 until the case is fully resolved.

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