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Categories: Economy

Buhari’s Order To CBN Will End Naira Crisis Like Magic — SAN

A Senior Advocate of Nigeria, Emeka Etiaba, said that President Muhammadu Buhari’s directive to the Central Bank of Nigeria Governor, Godwin Emefiele will end the lingering currency crisis in the country.

Emeka said this on Monday during an interview with channels television. He stated;

“The Federal Government has been directed by the Supreme Court, by inference its agency, in this case, the Central Bank of Nigeria.

“A statement, directive from President Muhammadu Buhari to the Governor of the Central Bank will work magic; it does not need to take one week”.

Supreme Court gave its ruling on the naira redesign policy from CBN, saying the old notes remain legal tender until December 31, 2023. However, the Central Bank of Nigeria is yet to issue a statement on the Supreme Court’s verdict validating the use of old N200, N500, and N1000 notes.

Naira Swap: We Have No Information On The Supreme Court Ruling – CBN

Banks Resume Paying Nigerians Old ₦‎500, ₦‎1,000 Notes

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