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News

More Reactions Trail Supreme Court Judgment on Redesign Naira Note

written by olarotimi March 7, 2023
More Reactions Trail Supreme Court Judgment on Redesign Naira Note

More Mixed reactions have continued to trail the supreme Court Judgment on the redesign naira note by the Federal Government Policy.

It is recalled that Nigeria’s Supreme Court on  Friday  ruled that old banknotes remain legal tender until the end of the year, bringing relief to millions affected by a chaotic redesign of the naira notes.

Some respondents in  ilorin Kwara capital commended the apex court for the reintroduction of the old currencies while others  believe the new policy checkmated crimes and criminality within the period.

To some, the body language of the Central Bank Of Nigeria (CBN) and that of the  presidency is not clearly interpreted.

Meanwhile Royal FM correspondent Olarotimi Oshin who has also been following the development reports from the city center that  Commercial Banks in Ilorin the Kwara State capital have begun partial compliance with the Supreme Court order approving the use of old N1,000 and N500 and N200 notes.

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