The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, has challenged the jurisdiction of the Supreme Court to suspend the scheduled deadline for the use of the old N200, N500 and N1000 Naira notes.

Malami, in a preliminary objection he has filed on behalf of the Federal Government, a copy of which Vanguard sighted on Wednesday night, applied for an order striking out the suit that three Northern States filed to halt the full implementation of the new monetary policy that was introduced by the Central Bank of Nigeria, CBN.

It will be recalled that the Supreme Court had on the strength of an ex-parte application that was filed by Kaduna, Kogi and Zamfara states, restrained FG and the CBN from enforcing the February 10 deadline for the use of the old banknotes.

In a unanimous decision, a seven-member panel of the apex court led by Justice Inyang Okoro, okayed continuation of the use of the old redesigned Naira notes as valid legal tender, pending the determination of the suit which it adjourned till February 15.

Meanwhile, the AGF who was cited as the sole Defendant in the suit marked: SC/CV/162/2023, applied for its outright dismissal.

Listing his grounds for challenging power of the Supreme Court to intervene in the matter, Malami, accused the three states of opposing FG’s power, through its agency, the CBN, to withdraw old Banknotes and introduce new ones.

“The Plaintiffs’ suit is about the power vested on the Central Bank of Nigeria by the Central Bank of Nigeria Act, 2007 to call in its Banknotes and introduce new ones.

“This suit as presently constituted, falls under section 251(1)(a)(p)(q) & (r) of the Constitution (exclusive jurisdiction of the Federal High Court) by virtue of the subject matter and parties.

“The Claims or reliefs are not against the Federation, but the Federal Government and its Agency, the Central Bank of Nigeria.
“The Federal Government of Nigeria is distinct from the Federation or the Federal Republic of Nigeria.

“The Plaintiffs have no grievance whatsoever against the Federation of Nigeria.
“This Suit has disclosed no dispute that invokes this Court’s original jurisdiction as constitutionally defined.

“This suit is an abuse of judicial process.

The Plaintiff have no locus standi to institute this action.

“The Plaintiffs have no reasonable cause of action against the Defendant”, Malami added.


https://www.vanguardngr.com/2023/02/old-naira-notes-youve-no-power-to-stop-deadline-malami-tells-supreme-court/

The Cabal have spoken.
These are the people that will frustrate Tinubu at the polls

Buhari ended his pact with APC immediately he became President. He's still a military man not a politician

Nice ine

Pauldollars:
The Cabal have spoken.
These are the people that will frustrate Tinubu at the polls

Nah still on the 15th we go know if the Supreme Court have no powers to give such a judgement or not

For now, the Supreme Court Judgement will be obeyed

Malami the crook,

It will take 10 years to recover the money from Malami which he has stolen within 7years.

Obi for President

I wonder how these governors think they can override the Federal government just for their own selfish interest..

The deadline has already been stopped

Now go and make sure Nigerians get enough new notes

So Malani is now powerful than Supreme Court

I don’t like Malami who parades title for most corrupt AGF ever in Nigerian History after Adoke.


But on this one, I hope and pray he is correct.


Say No to Atiku,

Say No to Baba Colombia,

God Bless Obi the incoming GCFR,

StrongandMighty:
I wonder how these governors think they can override the Federal government just for their own selfish interest..

watch and learn

Parachoko:
Nah still on the 15th we go know if the Supreme Court have no powers to give such a judgement or not

For now, the Supreme Court Judgement will be obeyed

They are the same People who always Complained that Buhari doesn't obey Court orders


Buhari is obeying the Order and they are throwing tantrums like little babies

SadiqBabaSani:
I don’t like Malami who parades title for most corrupt AGF ever in Nigerian History after Adoke.


But on this one, I hope and pray he is correct.


Say No to Atiku,

Say No to Baba Colombia,

God Bless Obi the incoming GCFR,

Yet you think he is fighting for you.
You will learn the hard way
You and Mr Emefailure

Only piiggiiddiioootts think and believe Malami can challenge a valid court order...

Piggiiddiiootts amaka...

Malami is drunk

Legislature makes law, judiciary interprets. This guy is the real cabal that Buhari can not control. He sacked Ibrahim magu by lying on the innocent EFCC boss

christistruth01:



They are the same People who always Complained that Buhari doesn't obey Court orders


Buhari is obeying the Order and they are throwing tantrums like babies

This people matter tire person abeg

E go really pain me if Asiwaju no deal with Emefiele after he become the President. The guy is ready to make Nigeria burn just to make the APC lose the 2023 Presidential Election.

Nice one! The push back by the cabal has started. Fingers crossed.

Parachoko:
This people matter tire person abeg.E go really pain me if Asiwaju no deal with Emefiele after he become the President. The guy is ready to make Nigeria burn just to make the APC lose the 2023 Presidential Election.

Seems you are totally oblivious of the unfolding development. The Buhari and presidency cabal does not want Tinubu as president hence using this currency swap/change policy to frustrate his plans to monetise the election.

The only front man they can use now is Godwin Emefiele hence the detailing of soldiers to receive him from the airport and subsequent acting as his security details to shield him from another opposing presidential agency the DSS.

The power play now is intense but be sure that Buhari will have the upper hand as the president. Both Buhari and Tinubu ruined this country but they will never escape karma and God

Pauldollars:
The Cabal have spoken. These are the people that will frustrate Tinubu at the polls.Buhari ended his pact with APC immediately he became President. He's still a military man not a politician

Exactly!

christistruth01:



They are the same People who always Complained that Buhari doesn't obey Court orders


Buhari is obeying the Order and they are throwing tantrums like little babies

Same u have been singing Buhari's praises for every court order he has disobeyed since 2015 but you now condemn him if he disobeys this one. Deluded hypocrite.. weep till eternity, Emefiele is your daddy