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Why Supreme Court Paused Ban On Old Naira Notes —Ozekhome

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A lawyer and Senior Advocate of Nigeria, Mike Ozekhome, has explained the judgement of the Supreme Court restraining the Federal Government from implementing the Central Bank of Nigeria’s February 10 ultimatum for the old N200, N500 and N1,000 banknotes to cease being legal tender in the country.

Ozekhome, who featured on Channels Television on Wednesday night said the Supreme Court only paused the implementation of the deadline saying the apex court had not decided on the matter.

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He further explained that the apex court gave the judgement so as to prevent the subject matter of the suit from being truncated.

Explaining the development, Ozekhome said, “The Supreme Court has not decided the matter. All it has done is to fall back to a decision like Kotoye vs CBN, that in matters of extreme urgency, you can grant an interim order, even if it be an ex-parte, to prevent the subject matter of the suit being truncated.

“If, for example, the Supreme Court, did not make that order, and the only order existing is that of the High Court, it means that the CBN, by 10th of this month, will stop the use of all old notes.

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“But what the Supreme Court has said is, ‘Just wait, let us listen to you people,’ not that it has decided that Zamfara, Kogi and Kaduna states have any valid case that is actionable because the action is already being challenged with a preliminary objection.

“It is another way of saying, ‘Let us first drive away the fox before we blame the fowl for wandering too far into the forest,’” he said.

READ ALSO: New Naira: Things To Know About Supreme Court Judgement

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A seven-man panel of the Supreme Court on Wednesday, led by Justice John Okoro in a unanimous ruling granted an interim injunction restraining the Federal Government from implementing the CBN’s February 10 deadline for the swapping of the old naira notes with the new ones.

A judgement that followed a motion ex-parte on behalf of three northern states Kaduna, Kogi and Zamfara , who on February 3rd filed a suit seeking to halt the implementation of the CBN’s policy.

The PUNCH reported on Monday that a Federal High Court in Abuja stopped President Muhammadu Buahri alongside the CBN and commercial banks from interfering, suspending or extending the terminal date of February 10 for the expiration of the old naira notes.

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Again, Ozekhome explained that other lower courts could not interfere when decisions were being debated at the apex court.

Notwithstanding the fact that a high court or Federal High Court had granted an order telling the CBN, ‘You can stop this naira swap policy on the 10th of February as you have decided to do’, the Supreme Court today said, ‘Hello? Don’t do that! Allow it to continue. Come back on the 15th of February and let us hear you people,’” he added.

He explained that the apex court’s judgement allows the old and new naira to be in the same position, adding that any decision arrived at by the Supreme Court, will not only affect the three state governments that dragged the FG to court, but all the states of the federation and their attorney-generals.

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Ozekhome therefore submitted that, “this is the type of matter in which the Supreme Court should also suo motu, even if they did not apply to be joined, join all the attorneys-general of the federation, so that the matter could be decided once and for all.”
PUNCH

 

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Police Pension Scheme Violates Constitution, IHRC Tells Tinubu

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The International Human Rights Commission, Nigeria, has thrown its weight behind the renewed push by the Inspector-General of Police, Kayode Egbetokun, for a comprehensive reform of the Contributory Pension Scheme, as it affects retired officers of the Nigeria Police Force.

This is contained in a diplomatic memo addressed to President Bola Tinubu and titled “A Diplomatic Appeal for Police Pension Welfare Reform in Line with the Constitution of the Federal Republic of Nigeria.”

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In a statement signed on Saturday by IHRC’s Head of Media and Strategic Communications, Fidelis Onakpoma, the commission said the current pension arrangement for police personnel amounts to a constitutional breach and urged the President to take urgent corrective action.

The Head of Mission, IHRC , Ambassador Duru Hezekiah, was quoted in the statement as saying, “The commission firmly supports the Inspector-General of Police’s ongoing advocacy for a just and equitable pension scheme for retired police officers.

“We call on President Tinubu to urgently address the systemic flaws in the Contributory Pension Scheme, which violate constitutional provisions guaranteeing dignity and adequate social support for public officers.”

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READ ALSO:Human Trafficking: Police Rescue 40 Ghanaians, Arrest Three In Ondo

Citing Sections 17(3)(f) and 34(1)(a) of the 1999 Constitution (as amended), IHRC said the Nigerian state is legally bound to ensure the welfare and dignity of its retired officers, a responsibility it is currently failing in.

According to the commission, thousands of retired police officers are living in hardship under a pension system that disregards the realities of law enforcement service.

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The Constitution mandates the state to ensure the wellbeing of retired officers, not to abandon them to a broken system.

“The current structure of the CPS as applied to the police is inadequate, unfair, and incompatible with Nigeria’s constitutional values. These officers spent their lives in service—often in the face of extreme danger—yet they retire into poverty and indignity,” the IHRC stated.

The commission’s intervention follows a high-level meeting convened by the IGP on July 1, 2025, at the Force Headquarters in Abuja.

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READ ALSO:Police Arrest Cleric Over Alleged Defilement Of Underage Girl In Osun

The meeting brought together delegations from the National Association of Retired Police Officers of Nigeria, led by AIG Paul O. Ochonu (retd.), and the Coalition of CPS Retirees, led by CP Henry Njoku (retd.), to address mounting concerns over pension inadequacies.

During the meeting, Egbetokun reiterated his resolve to push for a more just and practical pension structure, describing the current system as a gross injustice.

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Our retirees deserve dignity, support, and a structure that reflects their sacrifice and service to Nigeria.

“We cannot continue to subject our heroes to a pension scheme that is clearly unfit for the nature of their work and the risks they bore,” the IG declared.

Egbetokun’s comments echoed sentiments he had expressed earlier in February during an interactive session with retired officers at the Police Resource Centre in Abuja, where he criticized the CPS as “deeply flawed and unfit for the realities of Police service.”

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READ ALSO:NMA Gives FG 21 Days To Avert Doctors’ Strike

The IHRC amplified this concern, highlighting what it described as an unjust disparity between Police and military retirees.

While the latter are exempted from the CPS and benefit from a more suitable pension arrangement, police retirees, the commission said, continue to suffer from a scheme that fails to provide basic security in old age.

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The military has rightly been removed from the CPS because of the peculiar nature of their job. The same logic applies—if not more so—to police personnel.

“Our police officers risk their lives daily, and they deserve a pension structure that reflects that reality. Anything less is an affront to justice, equity, and national security,” said Hezekiah.

In line with Tinubu’s Renewed Hope Agenda, the IHRC urged the Presidency to act decisively in addressing the disparity and upholding the constitutional and moral obligations of the state to its law enforcement agents.

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Reforming the police pension structure is not merely a policy issue—it is a constitutional and moral obligation. We believe this government has the opportunity to right this historical wrong and restore dignity to our Police retirees,” the statement read.
(PUNCH)

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FG To Spend N17bn On Lagos Bridge Damaged By Fire

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The Federal Government has negotiated the cost of the Iddo Bridge rehabilitation from an initial N27bn to N17bn.

The Minister of Works, Sen. Dave Umahi, made this known to journalists during an inspection of the bridge on Friday in Lagos.

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He said, “Julius Berger quoted, I think, N27 billion or thereabout, but after much negotiation and discussion, we now arrived at N17 billion.”

Umahi commended Julius Berger Nig. Plc. for demonstrating a sense of cooperation under its new leadership.

He described the company as a “born-again Berger”, attributing the breakthrough in negotiation to the understanding and openness of its new managing director.

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READ ALSO:FG Gives Overstaying Foreigners Ultimatum To Regularise Visa

The minister reiterated the government’s commitment to prudent spending, insisting that all contractors must align with the ministry’s standards and directives.

Umahi noted that the project had been reviewed from mere rehabilitation of the burnt section to a major work.

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He expressed concern over the poor condition of the bridge, blaming it on years of neglect and human abuse, including illegal occupation and collisions by heavy-duty trucks.

He said that three spans of the bridge were severely damaged by fire, which he attributed to activities of illegal occupants who had built makeshift homes under the bridge.

READ ALSO:FG Closes Case In Alleged Terrorism Trial Against Nnamdi Kanu

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They brought in chemicals, built block walls and set up homes. Then, they set up fire that burnt the bridge and damaged three spans. Now we are going to fix the bridge completely,” Umahi said.

The minister said the Iddo Bridge, now with a headroom of about 4.5 metres, had suffered significant structural damage due to continuous hits from trucks and illegal structures beneath it.

He announced that the ministry would be creating a headroom of at least 5.6 metres.

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He said that the Federal Ministry of Works was committed to restoring the bridge for the safety of all Nigerians and ensuring such incidents would not occur again.

READ ALSO:NMA Gives FG 21 Days To Avert Doctors’ Strike

On the issue of displaced persons, the minister said that no one would be allowed to return under the bridge.

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“Nobody will stay under Iddo Bridge again as long as I remain the Minister of Works.

“The lives of the people are more important,” he said.

He warned that the government would no longer tolerate any abuse of national infrastructure.
NAN

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Ex-Army Chief Proposes Mandatory Military Training For Nigerians

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Lt.-Gen. Azubuike Ihejirika (retd.),

A former Chief of Army Staff, Lt.-Gen. Azubuike Ihejirika (retd.), has called for the introduction of mandatory military training for all Nigerians, beginning with the National Youth Service Corps.

This, he said, is a way of promoting national unity, discipline, and resilience in the face of growing security and social challenges.

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Ihejirika made the call on Friday night at the 50th anniversary of the Nigerian Defence Academy Regular Course 18 Alumni Association in Abuja.

He reflected on his early days in military service and the camaraderie built over the years with fellow officers.

READ ALSO:FULL LIST: Nigeria Emerges As Africa’s Third Most Formidable Military Force

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The former Army chief said the discipline and patriotism instilled in them during training were instrumental in shaping their careers and national contributions.

Given the current situation of things in our country, I believe it’s time we start thinking about mandatory military training for our citizens.

“We can start with the National Youth Service. This will help us build a generation of Nigerians who understand sacrifice, responsibility, and patriotism,” he said.

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Ihejirika praised the government’s decision to restore the old national anthem, saying it reinforces the spirit of unity.

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He emphasised that the line “Though tribe and tongue may differ, in brotherhood we stand” perfectly captures the essence of national service and shared identity.

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He also expressed concern over how the national anthem is now reduced to mere fanfare at official events.

It should be a daily reminder of our oath of allegiance. It must return to schools, communities, and national ceremonies,” he said.

Drawing from his own life experience, Ihejirika recounted his humble beginnings from his village in Abia and how military discipline transformed him.

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He credited the support of colleagues and mentors for his successful career, which culminated in his appointment as Nigeria’s 22nd Chief of Army Staff.

READ ALSO:542 Senior Military Officers Retire

Beyond his advocacy, the retired general also commended the current leadership of the Nigerian Armed Forces, describing them as highly experienced and well-trained.

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Many of the officers leading today served in Liberia, Sierra Leone, and other conflict zones.

“They have earned their stars through real battle experience and are doing remarkably well,” he added.

He urged Nigerian leaders at all levels to prioritise peace and stability, reminding them that no office or position is sustainable in the absence of national unity.

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The News Agency of Nigeria reports that the dinner had in attendance the Minister of State for Defence, Chief of Defence Staff and representatives of service chiefs amongst other dignitaries.

NAN

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