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Ten states have called for Supreme Court intervention to nullify Buhari’s directive on new naira notes.
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The states have asked the apex court to declare the new directive “unconstitutional.”
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President Buhari had directed the Central Bank of Nigeria to recirculate only the old N200 notes.
EKO HOT BLOG reports that a request has been made by ten states to the Supreme Court, seeking a declaration that President Muhammadu Buhari’s new directive, which reintroduces old N200 notes and deems old N500 and N1,000 notes unconstitutional, is invalid.
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President Buhari stated on Thursday that he instructed the Central Bank of Nigeria to exclusively put back into circulation the old N200 notes.
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This is after the apex court did not vacate the order that the old N200, N500, and N1000 notes are still legal tender.
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