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HomeNewsFG Obeys S’Court Ruling Against Banning Old Naira Notes

FG Obeys S’Court Ruling Against Banning Old Naira Notes

The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami

 

 

By Our Reporter

The Attorney General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami, yesterday said the federal government would obey the Supreme Court ruling, which put on hold the Central Bank of Nigeria (CBN) demonetisation policy and would take necessary steps to set aside the interim order.

The Supreme Court had in a ruling on Wednesday suspended the CBN deadline for demonetisation policy and fixed February 15 for hearing on the matter.Malami clarified that the federal government, out of its regard for the rule of law, would abide by the order of the apex court, even though it intended to challenge it and would do so within the provisions of the law.

Malami spoke yesterday during an interview on ARISE News Channel.

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