The Gani Fawehinmi memorial organization (GAFAMORG) has called for immediate compliance from President Muhammadu Buhari’s administration on the Supreme Court’s ruling on the Naira swap policy.
Recall that the Supreme Court had previously ruled that the deadline for using the old banknotes of N200, N500, and N1,000 be extended till December 31, 2023.
Justice Emmanuel Agim who read the judgment held that the correct process for the redesign policy had not been followed duly.
Agim had faulted President Muhammadu Buhari for introducing the policy without involving the Council of States, the Federal Executive Council, the Civil Society, and other relevant stakeholders.
Meanwhile, neither the Central Bank of Nigeria nor the Buhari administration has complied with the Supreme Court’s latest decision.
