A legal luminary, Malcolm Omirhobo has advised the Central Bank of Nigeria (CBN ) Governor, Mr Godwin Emefiele against contempt of court over the insistence by the later on enforcing February 10, 2023 deadline for old Naira notes.

This is despite the ex parte order of the Supreme court which restrained the federal government from implementing the February 10, 2023 deadline, pending the hearing of the matter on February 15, 2023.

The apex court will today hear the suit filed by some Governors who had kicked against the CBN harsh cashless economy, amid anxiety by Nigeria over Naira scarcity.

In a Facebook post, Omirhobo said, “It is wrong for the governor of the Central Bank of Nigeria (CBN ) to insists on enforcing Feb 10 deadline on old notes despite the ex parte order of the Supreme Court which restrained the federal government from implementing the February 10 deadline, pending the hearing of the matter on February 15.

“It is not in Emefiele place to believe whether there is the need for further extension of the deadline or not as long as there is subsisting court order.

“A court order must be obeyed no matter how wrong, bad, unjust, stupid or foolish it may seem”, the said the Civil society is watching Emefiele and we will not allow him get away with contempt”.

See also  Tinubu reveals how N1 trillion fuel subsidy savings will be spent

Leave a Reply

Your email address will not be published.