Nigerians react to Supreme Court’s latest decision on naira redesign policy


Nigerians have reacted to the Supreme Court’s decision to give judgment on March 3 over the naira redesign policy.

The Governors of Kaduna, Zamfara and Kogi States had earlier dragged the federal government to the apex court over implementing the Naira redesign policy by the Central Bank Of Nigeria.

The Court gave an ex parte order restraining the CBN from phasing out the old naira notes, N200, N500 and N1000.

However, President Muhammadu Buhari directed the CBN to allow only the old N200 notes to be legal tender until April 10.

The conflicting directives and orders have created confusion in the banking sector and among the generality of Nigerians.

The Court’s decision on Wednesday to keep judgment till March 3 further heightened the anxiety as Nigerians prepare for the February 25 presidential election.

Now Nigerians have taken to Twitter to give their opinion on the matters arising from the Supreme Courts date to rule on the matter.

Former Senator, Shehu Sani said the Supreme Court has left the federal and state governments in limbo over the decision to adjourn judgment to March 3.

“The Supreme Court left the two fighting couples in the middle of the sea”.

@Benigbakpa, a member of the federal House of Representatives said ”The Supreme Court just offered an alternative justification in favour of the Federal Government by assigning a similar probability to sustain the conviction of @MBuhari and @GodwinIEmefiele. Chaotic consequences for the plaintiff.

@Sanusi Dantata in his reaction said ”We all are suffering for the sins of a few! Thanks to the Naira Redesign Policy, and subsequent downturn in economic activities, see how our eggs dey pile! Our store and floor are entire. We must continue to Feed our Birds! Meanwhile, people need to buy! God will see us through!