Old Naira: Buhari Given Seven Days To Address Nigerians Or Face Legal Action

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The Socio Economic Rights and Accountability Project (SERAP) has given a 7-day ultimatum to President Muhammadu Buhari to reveal his plans on obeying the Supreme Court decision on the validity of the old N200, N500 and N1,000 notes.

recall that last week, the Supreme Court had extended the validity of the old N200, N500, and N1,000 notes till December 31, adding that the president’s directive on the redesign of the new notes without due consultation is invalid.

Speaking via a letter signed by the director of the Group, Kolawole Oluwadare, SERAP noted that the public was largely interested in the moves the presidency and the Central Bank of Nigeria (CBN) were taking to obey the court order.

The organisation noted that disclosing the plans being made to obey the court orders would enable the citizenry to closely monitor and examine the level of compliance and subsequently improve accountability.

Speaking further, the group warned that if the information demanded is not made available within 7 days the group would take legal actions against the Federal Government.

 

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