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SocialMediaTrends: ‘Supreme Court judgments never in interest of the masses’, Nigerian laments



Nigerians have been talking after the Supreme Court on Wednesday ordered a suspension of the deadline for the swapping of old Naira notes by the Central Bank of Nigeria (CBN).

The move, which was perceived by many as political, saw President Muhammadu Buhari receiving the Governor of the CBN, Godwin Emefiele, in Aso Rock, Abuja.

Ripples Nigeria gathered that three states (Kaduna, Kogi, and Zamfara) had 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”.

Reacting to the injunction, the Kaduna state government hailed the judgment, noting that CBN should revise its new naira note swap policy.

Others queried the jurisdiction of the Supreme Court on the matter and believed that the move would not favor the masses.

Read Also: SocialMediaTrends: Reaction trails uprising in Abeokuta as angry youths hit the streets

See how Nigerians are reacting:

…By Hamsat Rashid

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