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Emefiele Meets President Buhari Over Supreme Court Ruling

by Present Nigeria
February 8, 2023
in News
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Emefiele Meets President Buhari Over Supreme Court Ruling
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The Governor of the Central bank of Nigeria, Godwin Emefiele has again met with President Muhammadu Buhari this time at the presidential villa.

Today’s meeting came just hours after the Supreme Court stopped the Apex bank from executing the February 10 deadline for the validity of old naira notes.

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Recall that a seven-man panel of the Supreme Court led by Justice John Okoro, in a unanimous ruling had on Wednesday ordered that the old naira notes remain in circulation even after the new deadline.

The development followed an ex parte filed on Tuesday by the Kogi, Kaduna and Zamfara state governments.

The Supreme Court also held that the Federal Government and the CBN must not continue with the deadline pending the determination of the hearing on February 15.

The outcome of the meeting is yet to be known but the visit by the apex bank chief is reportedly in connection to the ruling of the Supreme Court.

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