Parachoko:
The Supreme Court will decide if they are acting out of jurisdiction or within jurisdiction on Feb 15

But I doubt a judgement will be giving on that day.

Lemos14:


If you have nothing meaningful to contribute why not just skip?...you didnt answer my question anyway

ASHIWAJU2023:
Understand that as long as CBN is still Nigeria Apex bank the decision of the Supreme court STANDS. The old naira notes remain LEGAL TENDER till February 15th when the Apex court will decide on the matter.

Abi1985:
I do not know why CBn cannot extend the deadline to after the election? Why is everything so hard in Nigeria and unnecessarily?

Lemos14:


If you have nothing meaningful to contribute why not just skip?...you didnt answer my question anyway

Apus:
When two elephants dey fight na grass go suffer am.

It's best you go to the bank to deposit it abi you wan turn am to artefact wey you wan show your grandchildren? Or you can use the money to stock food items at home if you cant make your way to the bank.

Supreme court won't collect old note from you las las.

Lemos14:
Abeg make person answer me make I know wetin to do cause I have like 7k old notes with me and I'm wondering if i should sell them all out tommorow

JoeNL22:

You still don't understand.
Read below.

However, a senior lawyer, Professor Konyinsola Ajayi, yesterday, said the CBN was free to carry on with the cash swap policy, despite the court ruling. He stated that the CBN, not being a party before the Supreme Court, hence the court was not expected to grant an order against a person not before it; not sued or not heard.

He said, “The CBN is free to carry on with its policy on currency redesign taken in accordance with the plenitude of its powers under both the CBN Act and Currency Control Act. It is fitting to note that just about six weeks ago (on 02/12/22) the SCN held in the case of Adedeji & ors. v CBN that CBN is independent by law and can’t be controlled by FGN.”

highness25:
Deadline kill them. I should go and deposit the money I have and then use what to feed exactly? Banks here stopped paying both old and new notes long time ago.

Lemos14:
The way the CBN is behaving is really confusing...are the old notes still going to be a valid legal tender till the 15th or it becomes invalid tommorow because I'm not understanding again

Lemos14:


If you have nothing meaningful to contribute why not just skip?...you didnt answer my question anyway

silibaba:



It's best you go to the bank to deposit it abi you wan turn am to artefact wey you wan show your grandchildren? Or you can use the money to stock food items at home if you cant make your way to the bank


That's the answer he gave to your question.

Peace be unto you.

AroOkigbo:
Err on the side of caution. .. exchange all your old notes today.
Don't be caught up in a war that isn't yours pls.

JoeNL22:

You still don't understand.
Read below.

However, a senior lawyer, Professor Konyinsola Ajayi, yesterday, said the CBN was free to carry on with the cash swap policy, despite the court ruling. He stated that the CBN, not being a party before the Supreme Court, hence the court was not expected to grant an order against a person not before it; not sued or not heard.

He said, “The CBN is free to carry on with its policy on currency redesign taken in accordance with the plenitude of its powers under both the CBN Act and Currency Control Act. It is fitting to note that just about six weeks ago (on 02/12/22) the SCN held in the case of Adedeji & ors. v CBN that CBN is independent by law and can’t be controlled by FGN.”

real777:
Keep using your old and new notes till court hearing on the 15th February. We Nigerians should stick more to our local radio stations for quality info. All these "agbo and beer" parlour gist wouldn't take you anywhere.

Don't take any notes to banks for now to avoid your continuous suffering. This is what smartness means but Nigerian definition of smartness means to cheat, defraud and beat a working system.

Psoul:


That guy answered your question oo.
May be you did not like the way he put it.
He answered you with 3 options.
1...Take it to the bank and deposit it
2...You may keep it with u and use it as an artefact to show to ur children in the future
3...Use the money to stock foodstuff.

Lemos14:
Abeg make person answer me make I know wetin to do cause I have like 7k old notes with me and I'm wondering if i should sell them all out tommorow

babaolofin:


The guy did not answer the question. Your item 3 is to push the old notes to the ignorant Garri, Yam and pepper sellers. If the people selling the food items lives at Nteje village, they have to come to Onitsha to bank the money . Will they be given new note at Onitsha Bank?

I know, if Emefiele were to be a Yoruba, he would have been removed. Buhari would have used him as a scapegoat to save himself.

Eteka1:
FG is not CBN and CBN is not FG. The Supreme Court order was directed at FG, not CBN which is an independent body, not answerable to FG on it's policies.

AfricanColumbus:
See for yourself

Lemos14:


Omo she charge me 2k oo...and me I didnt have strength to argue cause I really needed that cash

Lemos14:
Abeg make person answer me make I know wetin to do cause I have like 7k old notes with me and I'm wondering if i should sell them all out tommorow

Apus:
When two elephants dey fight na grass go suffer am.

It's best you go to the bank to deposit it abi you wan turn am to artefact wey you wan show your grandchildren? Or you can use the money to stock food items at home if you cant make your way to the bank.

Supreme court won't collect old note from you las las.

...But supreme court can give us governors and party flag beares?

Pierced:


Better go and deposit it at the bank tomorrow...... don't believe NL political jobbers.

If CBN wanted to extend the deadline....they would av released a statement publicly.

Modified: I just went to UBA to deposit.....I asked them if they were going to collect old notes on Monday.....they said it's until CBN gives them the order the collect old notes......if not the deadline is today. I asked them when to they will close....they said 3pm.

It's better to av 3k cash in 50 denomination than 1k denomination in old notes. At least market women won't reject ₦50 denomination no matter what.

silibaba:



It's best you go to the bank to deposit it abi you wan turn am to artefact wey you wan show your grandchildren? Or you can use the money to stock food items at home if you cant make your way to the bank


That's the answer he gave to your question.

Peace be unto you.

sweetman2022:

Some of you just like wahala. You know the country you live in yet still don't understand how things go. Since FG has obeyed Supreme court verdict. FG via Buhari will just give Emiefele a call to obey the judgement. It is as simple as that. So all this Grammar you are trying to blow about who obeys who doesn't matter in a country like Nigeria. Or you believe CBN will not obey any instructions Buhari gives to them?