An eminent professor of law, Itse Sagay (SAN), has said that the Central Bank of Nigeria (CBN) Governor Godwin Emefiele should be jailed for contempt of the Supreme Court.
The senior advocate believes spending some time behind bars will make the Emefiele realize the enormity of the “merciless pain” the naira crisis has subjected Nigerians to.
READ ALSO: CBN’s Cash Swap May Effect Polls, INEC Official Warns
Sagay, chairman of the Presidential Advisory Committee Against Corruption (PACAC), urged affected parties to initiate contempt proceedings against Emefiele at the Supreme Court.
He insisted that an order by the highest court in the land, rightly or wrongly made, must be obeyed by all until set aside.
Remember, Last Wednesday, the Supreme Court, in a case filed by Kaduna, Kogi and Zamfara states, barred the Federal Government, acting through the CBN or any other agent, from enforcing the February 10 deadline for the use of old naira notes.
In a unanimous ruling by a seven-member panel, led by Justice John Okoro, it held that the “interim injunction” will subsist “pending the hearing and determination of the plaintiffs/applicants’ motion on notice for interlocutory injunction.”
READ ALSO: No Going Back On February 10 Old Naira Note Deadline – Emefiele Insists
But yesterday, Emefiele said there was no extension of the February 10 deadline for the old N1000, N500, and N200 banknotes to stop being legal tenders.
Prof Sagay believes Emefiele’s attitude towards the subsisting order was highly contemptuous. He was not alone.
Other Senior Advocates of Nigeria, who spoke with The Nation, including Chief Ajibola Aribisala, Mr Ahmed Raji and law teacher Wahab Shittu, as well as Femi Falana who spoke on Channels, said the Supreme Court order must be obeyed.
Trending video of the day;
Photo Credit: Getty
