Voice Air Media News Update
THE Federal Government has said it would obey the ruling of the Supreme Court suspending the February 10 deadline given by the Central Bank of Nigeria, CBN on the exchange of naira notes.
Recall that the apex court in its ruling on Wednesday, suspended the February 10 deadline on the old naira notes which expires today.
The Attorney General of the Federation, Abubakar Malami, who confirmed this in an interview on Arise TV yesterday, said the government was hopeful that the ex parte ruling which expires on Wednesday, February 15, 2023, would be upturned.
He said the CBN, which is a necessary party to the issue, was not joined and that consequently, the Supreme Court lacked jurisdiction to decide on the matter in the first instance.
Malami, however, said that the decision of the government to obey the Supreme Court order on the naira deadline was based on the administration’s respect for the rule of law.
(Source: ThisDay)
Chelsea Football Club have sacked head coach, Liam Rosenior, after just 107 days in charge,…
News Update Ondo State Governor, Dr Lucky Orimisan Aiyedatiwa, on Wednesday intensified calls for unity…
THE federal government, state governments and local government councils shared a total of N2.036 trillion…
Nigeria has recorded a fresh case of COVID-19. The newest case was confirmed in Cross…
News Update President Bola Tinubu on Wednesday, approved six new appointments in the education sector.…
News Update THE outgoing Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…