News

Supreme Court Orders Indefinite Use of Old, New Naira Notes

Published

1 year ago

November 29, 2023

Eric

The Supreme Court, on Wednesday, said both the old and the new resigned naira notes remain legal tender till further notice.

The apex court, in a ruling by a seven-man panel of justices led by Justice John Okoro, said the banknotes should remain in circulation, pending when the Federal Government, after due consultation with relevant stakeholders, takes a decision on the matter.

It made the order, after it heard an application that was moved on behalf of the federal government by the Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN.

It will be recalled that the court had on March 3, nullified the ban on use of the old N200, N500 and N1000 banknotes as valid legal tenders by the President Muhammadu Buhari-led administration.

The court held that the old Naira notes should be used alongside the redesigned currencies, until the end of the year.

In its lead judgement that was prepared and delivered by Justice Emmanuel Agim, the apex court slammed FG for unilaterally introducing the demonitization policy, through the Central Bank of Nigeria, CBN, without consulting the Council of States, the Federal Executive Council, the National Security Council, the National Economic Council, Civil Society Organizations and other relevant stakeholders.

It held that FG failed to give valid notice to all the federating units, before it decided to withdraw the old banknotes from circulation and introduce new ones.

The cupreme court maintained that evidence before it established that a purported notice on the monetary policy was through “mere press remarks” by governor of the CBN, Mr. Godwin Emefiele.

It held that such remarks did not qualify as “reasonable notice” to the states as envisaged under section 20(3) of the CBN Act.

Besides, the court invalidated the directive President Buhari gave in the broadcast he made on February 16, which allowed only the old N200 note to remain a legal tender till April 10.

While accusing President Buhari of disobeying the interim order it made on February 8, which directed that the old banknotes should remain in use till the determination of the case before it, the apex court stressed that the President, by going ahead to ban the old banknotes, acted in a way that was inimical to democratic governance.

According to the court, having acted in disobedience to its order, FG lost its right to be granted audience before it.

Following the end of the last administration, the President Bola Tinubu-led government re-approached the apex court for an indefinite extension of its December 31 deadline.

News

Police Invite Sanusi for Questioning over Sallah Day Violence

Published

24 hours ago

April 5, 2025

Eric

Commissioner of Police, CP Olajide Rufus Ibitoye, acting on the orders of the Inspector General of Police, Kayode Egbetokun, through the Deputy Inspector-General of Police in-charge of Force Intelligence Department (FID) Abuja, has extended an invitation to the Emir of Kano, Muhammad Sanusi II, for an “investigative meeting with regards to an incident that occurred during the Sallah celebration within your domain”.

The said incident is in connection with the violence that broke out during the recent Eid-el-Fitr procession in Kano, which resulted in the death of a local vigilante member.

The incident happened as the Emir’s entourage moved from the Eid prayer ground to the palace in a traditional procession. The clash, which marred the otherwise peaceful celebration, led to the tragic loss of life of a vigilante member, Surajo Rabiu, and left one other injured.

The invitation was conveyed in an official letter dated April 4, 2025, and signed by Commissioner of Police, CP Olajide Rufus Ibitoye, on behalf of the Deputy Inspector-General of Police in-charge of Force Intelligence Department (FID) Abuja.

Emir Sanusi II

The letter reads: “I have the directives of the Inspector General of Police, through the Deputy Inspector General of Police, Force Intelligence Department (FID), to invite you for an investigative meeting with regards to an incident that occurred during the Sallah celebration within your domain.”

The Emir has been requested to appear before the Force Intelligence Department in Abuja, opposite the Police Headquarters, Area 11, by 10:00am on Tuesday, April 8, 2025.

This development comes amid heightened tensions in Kano State following the earlier decision by the State Police Command to ban the annual Durbar festival due to security concerns. The ban, announced days before the Eid-el-Fitr celebration, was intended to prevent any possible breakdown of law and order during the festive period.

However, despite the suspension of the Durbar, a motorcade procession of Emir Sanusi II still took place on the third day of the Eid-el-Fitr celebrations.

The Kano State Police Commissioner, CP Ibrahim Adamu Bakori, had also inaugurated an eight-member Special Investigation Panel (SIP) to investigate the violence.

As at the time of this report, there has been no official response from the Emir Sanusi II’s palace regarding the Police invitation.

News

Hakeem Baba-Ahmed Dumps Tinubu’s Appointment As Political Adviser

Published

2 days ago

April 4, 2025

Eric

Dr Hakeem Baba-Ahmed, the political adviser to President Bola Tinubu, has resigned his appointment.

Reports say the former spokesman of the Northern Elders Forum (NEF) tendered his resignation about two weeks ago.

Further reports quoting presidency sources did not, however, provide details of the reasons for his decision, but only stated that it was on personal grounds.

Baba-Ahmed was appointed in September 2023 as Special Adviser on Political Matters in the Office of Vice President Kashim Shettima.

Over the past 17 months, he had represented the presidency at several public fora, including a recent national conference themed: “Strengthening Nigeria’s Democracy: Pathway to Good Governance and Political Integrity”, which held from January 28 and 29, 2025 in Abuja.

News

Court Stops Pro-Wike Rally in Bayelsa

Published

2 days ago

April 4, 2025

Eric

The High Court of Bayelsa State sitting in Yenagoa has issued an order restraining associates of the Federal Capital Territory (FCT) Minister, Nyesom Wike, from holding a mega rally in the South-South State pending the hearing and determination of the motion on notice.

The proposed rally was scheduled for Yenagoa, the Bayelsa State capital, on April 12, 2025.

Hon. Justice I. A Uzakah granted the motion ex-parte in Suit No. BYHC/YHC/CV/133/2025 was filed by the state’s Attorney General, Biriyai Dambo (SAN).

“An order of the interim injunction is hereby made or granted restraining the 1st and 2nd Defendants, whether by themselves, their agents, associates, privies, representatives (or any person whatsoever acting at their behest), from conducting, convening, coordinating, engaging in, organizing, participating in, holding, hosting, or facilitating any political assembly, rally meeting, or gathering within Bayelsa State, for the purpose of solidarity, hosting, and celebrating the 2nd Defendant in Bayelsa State, pending the hearing and determination of the Motion on Notice for Interlocutory Injunction,” the court order read.

The matter has been adjourned to April 11, 2025, for hearing.