The Supreme Court’s ruling restraining the Federal Government from implementing the February 10, 2023 deadline phase out of the old N1,000, N500, and N200 notes is irrelevant, non-binding and a distraction, according to a published legal opinion on the matter. “Neither the CBN nor deposit money banks were parties to the suit filed by three state governments (Kaduna, Kogi and Zamfara). “The State governments simply took advantage of the fact that in matters purely between state and the FG, the Supreme Court can serve as the court of first and…
Read More“Supreme Court order on Naira irrelevant, non-binding” – Legal Opinion
