News
Group Drags Buhari To Court Over Ban On Old N500, N1,000 Notes
Published
1 year agoon
By
EditorThe Socio-Economic Rights and Accountability Project has filed a lawsuit against President Muhammadu Buhari over “the unlawful directive banning the use of old N500 and N1,000 banknotes, contrary to the interim injunction granted by the Supreme Court that the old N200, N500, and N1000 notes remain legal tender.”
Joined in the suit as defendants are the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, and the Central Bank of Nigeria.
The PUNCH reports that the Supreme Court in a case initially brought by 10 states recently held that the old banknotes remain legal tender pending the determination of a motion on notice fixed for February 22. The deadline for the swap of the old notes expired February 10.
READ ALSO: Naira Notes Scarcity: Buhari Addresses Nigerians, Seeks Patience, Understanding [ FULL TEXT]
However, Buhari in a national broadcast on Thursday directed the CBN to recirculate only the old N200 banknotes, banning the use of old N500 and N1,000 notes in the country.
In the suit number FHC/ABJ/CS/233/2023 filed last Friday at the Federal High Court, Abuja, SERAP is asking the court to determine “whether Buhari’s directive banning the N500 and N1,000 banknotes is not inconsistent and incompatible with the constitutional duties to obey decisions of the Supreme Court and oath of office.”
SERAP is asking the court for “a declaration that Buhari’s directive banning the use of old N500 and N1,000 banknotes is a fundamental breach of section 287(1) of the Nigerian Constitution 1999 (as amended) and his constitutional oath of office, and therefore unconstitutional, unlawful, null and void.”
It also seeks an order of interim injunction restraining Buhari, the CBN and Malami, their agents or privies, from further enforcing the presidential directive banning the old N500 and N1,000 banknotes, pending the hearing and determination of the motion on notice filed in its suit.
The suit was filed on behalf of SERAP by its lawyers Ebun-Olu Adegboruwa, SAN, and Kolawole Oluwadare.
SERAP is also asking the court for the following reliefs:
A declaration that by virtue of section 287(1) of the Nigerian Constitution, 1999, Buhari, the CBN and Malami have a constitutional duty to obey and enforce any decisions and orders of the Supreme Court, particularly the order allowing the use of old N200, N500 and N1,000 banknotes;
READ ALSO: [UPDATED] New Naira: 10 States Ask Supreme Court To Void Buhari’s Directive
An order restraining and stopping the CBN from carrying out and giving effect to the directive of the President directing and approving that the old N500 and N1,000 banknotes are no longer legal tender and the old N200 banknote will cease to be legal tender on April10, 2023, in compliance with the order of the Supreme Court of Nigeria made on February 8, 2023 in the Suit Number SC/CV/162/2023 – Attorney General of Kaduna State & two Ors v. Attorney General of the Federation;
And an order for the CBN to direct all commercial banks in Nigeria to accept and give out the old N200, N500, and N1,000 banknotes as legal tender concurrently along with the new banknotes of the same denomination in line with the order of the Supreme Court.
According to The PUNCH, no date has been fixed for the hearing of the suit.
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EFCC Trial: ‘Even The Prophets Went To Prison’ – Buhari’s Minister Comforts Self In Court
Published
1 hour agoon
May 10, 2024By
EditorA former Minister of Aviation, Hadi Sirika, standing trial for an alleged N7.2bn fraud, said he was ready to go to prison just like the prophets.
Sirika, his daughter, and three others were arraigned at a Federal Capital Territory High Court on Thursday on a six-count amended criminal charge before Justice Sylvanus Oriji.
A video of the ex-minister speaking in court with his lawyers surfaced on X on Thursday.
In the video, Sirika, dressed in cream Babariga, could be heard saying, “It’s okay. Fatima, it’s okay,” while comforting his daughter.
READ ALSO: Cleric Sets Wife’s House Ablaze For Allegedly Refusing To Participate In Late Night Prayer
He continued, “Even prophets have gone (to prison). Those that went, haven’t they finished theirs already?…whatever Allah says”
The Economic and Financial Crimes Commission had accused the ex-minister, his daughter, son-in-law and Al-Duraq Investment Limited, of fraud in connection with the botched Nigerian Air project.
Meanwhile, the court granted each of the defendants bail in the sum of N100m with two sureties each.
Before the trial judge, Justice Sylvanus Orji granted the bail request of the defendants, they pleaded not guilty to all the charges preferred against them after it was read out to them.
The prosecution counsel, Rotimi Jacobs SAN, had informed the court of an amended charge by the EFCC dated May 7, and filed on May 8, which was not opposed by the counsel for the defendants.
READ ALSO: Bill On Unemployment Benefit Scales Second Reading
Sirika’s lead counsel, Kanu Agabi (SAN), informed the court of his client’s bail application dated May 6.
The other defendants similarly, moved their bail applications and prayed the court to be liberal in the bail conditions.
Jacobs, on his part, told the court that all the defendants were on administrative bail and asked the court to grant bail on the condition that would make them appear for their trials.
Apart from the N100m bail, Justice Osuji added that one of the sureties must own a landed property with valid land titles in like sum within the Federal Capital Territory.
The judge also held that the sureties must depose to an affidavit of means while he barred the defendants from travelling outside the country without its permission.
He added that failure to fulfil the bail conditions would earn the defendants a stay in a correctional facility.
News
Tiktok Bans Nigerian Content Creator’s Account After Completing 24-hour Buried-alive Challenge [VIDEO]
Published
1 hour agoon
May 10, 2024By
EditorNigerian man, Young C, has been successfully exhumed after spending 24 hours buried alive in a coffin.
Young C began the challenge on Wednesday, May 8 and has completed it.
At several intervals, Young C gave updates from inside the coffin.
His challenge however led to TikTok permanently banning his account.
READ ALSO: VIDEO: Nigerian Man Exhumed After Completing 24-hour Buried Alive Challenge
After he was ‘’exhumed’, he cautioned viewers against attempting similar stunts due to the inherent dangers involved.
Watch a video of him being exhumed below
News
Former Super Eagles Player, Ibrahim Babangida Is Dead
Published
2 hours agoon
May 10, 2024By
EditorFormer Super Eagles star, Ibrahim Babangida has died in a car accident.
It was gathered that the car accident which happened along Zaria road, also involved the ex-Super Eagles brother, Tijani, his wife, son and maid.
However, only Babangida died in the auto accident, while others who were with him were taken to the hospital, where they are responding to treatment.
Tijani is president of the Professional Footballers Association of Nigeria (PFAN).
READ ALSO: Ex-Rep Drags Wabote To EFCC Over Disbursement Of Funds For NCDMB Projects In Bayelsa
According to The Nation, a statement by the General Secretary of (PFAN), Emmanuel Babayaro, confirmed Ibrahim died in the crash.
Details later…
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