Nigerians have taken to social media to react to the judgement of the Supreme Court stopping the Central Bank of Nigeria (CBN) from implementing old naira notes deadline.
Naija News earlier reported that a seven-man panel of the apex Court led by Justice John Okoro, in a unanimous ruling, restrained the Federal Government, Central Bank of Nigeria and their agents and commercial banks from implementing the February 10 deadline for the now old 200, 500 and 1000 naira notes to stop being a legal tender.
The apex court also stopped the Federal Government, CBN and commercial banks from continuing with the deadline pending the determination of a notice in respect of the issue on February 15.
Following the judgement, some Nigerians applauded verdict of the apex court, while others could not hide their disappointment at the court ruling.
See some of the reactions below.
The Supreme Court of Nigeria mandating CBN and Federal Government not to implement the February 10th deadline for the Validity of the old Naira notes as legal tender is the right decision.
The CBN should go back to the drawing board.
— Stanley Ezinna, MBA. (@Stazingar) February 8, 2023
Don’t sleep on!
Deadline to return your old notes is still 10 February 2023 until you hear otherwise from the CBN.
— Omotayo Williams (@KadunaResident) February 8, 2023
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