BREAKING: Old Naira Notes Remain Licit Tender Till Dec 31 said Supreme Court

The Supreme Court has dominated that Nigerians want to perpetuate making use of old N200, N500 and N1000 banknotes as licit tender.

The apex court, in a unanimous choice with the useful resource of a seven-member panel of Justices, held that the historic banknotes continue to be legit licit tenders until December 31.

It held that the ancient Naira notes must be used alongside the redesigned currencies.

It faulted President Muhammadu Buhari for introducing the demonization policy, barring due session with the Council of States, the Federal Executive Council, the Civil Society and different germane stakeholders.

In the lead judgement that was once once distributed with the aid of the use of Equity Emmanuel Agim, the apex court docket incriminated President Buhari of disobeying its period in-between order that halted the full implementation of the incipient economic policy.