TRIBUNE NG
National Vice-Chairman, North West of the All Progressives Congress and a member of its National Working Committee, Salihu Lukman has said the Supreme Court pronouncement asking the Central Bank of Nigeria, ( CBN) to suspend its February 10 deadline on the old Naira Notes was a big opportunity for President Muhammadu Buhari to demonstrate his democratic credentials.The apex Court had ruled that both the new and old Naira notes remained a legal tender, pending the determination of the suit before it instituted by the Governors of Kaduna, Zamfara and Kogi states .The office of the Attorney General of the Federation and Minister of Justice, Abubakar Malami, ( SAN) had since filed preliminary objection challenging the governors application.The federal government argued that the Federal High Court had the proper jurisdiction to entertain such suits under Section 251(1)(a)(p)(q) & (r) of the Constitution (exclusive jurisdiction of the Federal High Court).
While contending that the action before the apex court constituted an abuse of judicial process, the federal government said the state governments have no locus standi and reasonable cause of action to warrant the “invocation of the original jurisdiction of this honourable court.”
In a statement issued to newsmen on Thursday, “Cashless Economy and Presidential Cabal,” the APC National Vice Chairman, North West said the order of the apex Court has provided an opportunity to President Buhari to reassure Nigerians that he was not in league with the forces tagged as cabal within the Presidency.
He said:”Partly on account of the frustration by APC, governments of Kogi, Kaduna and Zamfara states have taken the matter directly to Supreme Court and have obtained judgement that has canceled the CBN’s February 10 deadline to end the validity of the old Naira notes. With this judgement, it means that even after February 10, the old notes would still serve as legal tender. The big question is, will this end the current Naira (old or new) scarcity? It may not. If, however, the speculated objective of any so-called cabal is to frustrate the February 25, 2023 elections by either creating conditions that could mobilise electorates to vote against the APC and its candidates, especially Asiwaju Bola Ahmed Tinubu, God willing it shall not succeed.
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