The Presidency Monday evening said the Central Bank of Nigeria had no reason not to comply with the ruling of the Supreme Court on the naira redesign policy.
It stated that the President, Major General Muhammadu Buhari (retd.), did not instruct the CBN governor, Godwin Emefiele, and the Attorney-General of the Federation, Abubakar Malami, to disobey “any court orders involving the government and other parties.”
These are contained in a press statement released by the President’s Senior Special Adviser on Media and Publicity, Garba Shehu.
The statement is a reaction to public concerns that Buhari has not reacted to the Supreme Court ruling of March 3 which ordered that the old N200, N500 and N1,000 notes should continue to circulate alongside their redesigned counterparts as legal tender until December 31, 2023.
READ ALSO:Old Naira Notes Remain Legal Tender, Says Sanwo-Olu
“The Presidency wishes to react to some public concerns that President Muhammadu Buhari did not react to the Supreme Court judgement on the issue of the N500 and N1,000 old currency notes, and states here plainly and clearly that at no time did he instruct the Attorney General and the CBN Governor to disobey any court orders involving the government and other parties,” the statement said.
READ ALSO: Old Naira Notes Remain Legal Tender, Says Sanwo-Olu
Shehu stated that the President had never “directed anybody to defy court orders, in the strong belief that we can’t practise democracy without the rule of law and the commitment of his administration to this principle has not changed.”
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