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JUST IN: Supreme Court Stops FG, CBN From Banning Old Naira Notes

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The Supreme Court on Wednesday temporarily halted the move by the federal government to ban the use of the old naira notes from February 10, 2023.

A seven-member panel led by Justice John Okoro, halted the move of the federal government in a ruling in an exparte application brought by three northern states of Kaduna, Kogi and Zamfara.

The three states had specifically applied for an order of Interim Injunction restraining “the federal government through the Central Bank of Nigeria (CBN) or the commercial banks from suspending or determining or ending on February 10, 2023, the time frame with which the now older version of the 200, 500 and 1,000 denomination of the naira may no longer be legal tender pending the hearing and determination of their motion on notice for interlocutory injunction”.

Moving the application on Wednesday, counsel to the applicants, Mr A. I. Mustapha, SAN, had urged the apex court to grant the application in the interest of justice and the well-being of Nigeria.

He stated that the policy of the government had led to an “excruciating situation that is almost leading to anarchy in the land “.

While he referred to a Central Bank of Nigeria’s (CBN) statistics which put the number of people who don’t have bank accounts at over 60 percent, Mustapha lamented that the few Nigerians with bank accounts can’t even access their monies from the bank as a result of the policy.

The senior lawyer further argued that unless the Supreme Court intervenes the situation will lead to anarchy because most banks are already closing operations.

Delivering a ruling in the motion, Justice Okoro, held that after careful consideration of the motion exparte this application is granted as prayed, “An order of Interim Injunction restraining the federal government through the Central Bank of Nigeria (CBN) or the commercial banks from suspending or determining or ending on February 10, 2023, the time frame with which the now older version of the 200, 500 and 1,000 denomination of the naira may no longer be legal tender pending the hearing and determination of their motion on notice for an interlocutory injunction”.

He accordingly adjourned to February 15, 2023, for hearing of the main suit.

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NATIONAL

Hoodlums Set Court Ablaze In Ebonyi

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Hoodlums suspected to be political thugs have set ablaze a state High Court in Owutu-Edda, Afikpo South Local Government Area of Ebonyi.

Mrs Oluchi Uduma, the Registrar of the court confirmed the incident to newsmen in Owutu-Edda on Tuesday.

She said that the hoodlums invaded the court on Tuesday and set the building ablaze.

Uduma explained that the court building, documents and other valuables were completely burnt.

The Chairman of Afikpo South Local Government Area, Mr Chima Nkama also confirmed the incident, adding that the matter was reported to the police.

 

 

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METRO

Lagos Archbishop Condemns Ethnic Profiling During Guber Poll

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The Catholic Archbishop of Lagos, Most Rev. Alfred Adewale Martins, has condemned all forms of ethnic profiling, utterances, and violence witnessed in some parts of Lagos State, before, during and after the recent elections.

In a statement signed on Wednesday by the Director of Social Communications, Rev. Fr. Anthony Godonu, the prelate urged the state government as a matter of urgency to call all parties to order and to put in place a machinery for the quick restoration of peace and normalcy.

Martins said that if the trend was not urgently checkmated, it could truncate the peaceful co-existence of residents of the state.

He described as unfortunate and unacceptable, the tension, hate speech and violence, especially before, during and after the recent Governorship and House of Assembly elections in some parts of the state.

He implored the law enforcement agencies to safeguard the lives and property of all residents irrespective of tribe, religion, or ethnic groups.

The clergy also urged the residents of Lagos to remain calm and not allow themselves to be divided against their neighbours.

According to him, the ethnic and discriminatory comments making the rounds, particularly on social media, are not a reflection of the true nature of Lagosians, who are known to be peace-loving, accommodating and cosmopolitan, including by promoting inter-tribal marriages for many decades.

“I call on everyone to put a stop to the spread of hate speech and fake news and to shun all forms of rancor.

“The divisive comments and behaviours, particularly along ethnic or tribal line is not conducive to good neigbourliness and peaceful coexistence,” he said.

Martins advised the people of Lagos State not to allow the political class to whip up such divisive sentiments to disrupt their lives and livelihood.

He said that we are equal before God and the only man-made distinction among people was between the poor and the rich, the privileged and the underprivileged.

“We are all equal before God, we are Nigerians and have lived and interacted together as one people for decades in Lagos and other parts of our country.

“With the elections over, we hope that all those who have been fanning the embers of ethnic division will be more circumspect and desist from further heating up the polity.

“We must be law-abiding citizens and not take the law into our hands in any guise,” he said.

Martins commiserated with the families of those who lost their loved ones and whose property were destroyed in the violence in the state and across the country.

He also called on law enforcement agencies to do the needful where offences have been committed, as part of efforts to facilitate a national healing process.

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NATIONAL

United States Condemn Violence, Intimidation Of Voters During Lagos Guber Poll

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The United States says it is deeply troubled by the disturbing acts of violent voter intimidation and suppression that took place during those polls in Lagos, Kano, and other states.

In a statement by the US Embassy and Consulate in Nigeria, which was seen by IfakoIjaiyeNews, the government said the use of ethnically charged rhetoric before, during, and after the gubernatorial election in Lagos was particularly concerning.

The statement read: “Nigeria carried out the second round of its electoral process with gubernatorial and state assembly elections on March 18.  The United States is deeply troubled by the disturbing acts of violent voter intimidation and suppression that took place during those polls in Lagos, Kano, and other states.  Members of the U.S. diplomatic mission observed the elections in Lagos and elsewhere and witnessed some of these incidents first-hand.  The use of ethnically charged rhetoric before, during, and after the gubernatorial election in Lagos was particularly concerning.  We commend all Nigerian political actors, religious and community leaders, youth, and citizens who have chosen to reject and speak out against such violence and inflammatory language, affirming Nigerians’ commitment to and respect for the democratic process.

“We call on Nigerian authorities to hold accountable and bring to justice any individuals found to have ordered or carried out efforts to intimidate voters and suppress voting during the election process.  The United States likewise will consider all available actions, including additional visa restrictions, on individuals believed to be responsible for, or complicit in, undermining the democratic process in Nigeria.

“Following the February 25 national elections, the United States joined other international observers in urging the Independent National Electoral Commission (INEC) to improve voting processes and technical elements that experienced flaws in that voting round.  The March 18 elections appear to have had significant operational improvements, as polling stations generally opened on time and most results were visible on an electronic viewing platform in a timely manner.

“The United States renews its call for any challenges to election results to go through established legal processes, which must not be interfered with.  We further call for Nigeria’s people to work together as they participate in and continue to strengthen the country’s vibrant democracy.”

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