Supreme Court Orders Old N200, N500, N1,000 Notes To Remain In Circulation Till Dec 31 - The People's Voice

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    Friday, March 3, 2023

    Home Business Supreme Court Orders Old N200, N500, N1,000 Notes To Remain In Circulation Till Dec 31

    Supreme Court Orders Old N200, N500, N1,000 Notes To Remain In Circulation Till Dec 31


    By Our Correspondent

    The Supreme Court on Friday ordered that old N200, N500, and N1,000 notes remain in circulation till December 31, 2023.

    The apex court also nullified the Federal Government’s naira redesign policy, declaring it as an affront to the 1999 Constitution.

    The apex court further held that President Muhammadu Buhari in his broadcast admitted that the policy is flawed with a lot of challenges.

    The court said the policy has led to some people engaging in trade by barter in this modern age in a bid to survive. The court added that the President’s disobedience of the February 8 order, is a sign of dictatorship.
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    The Peoples Voice Newspaper is a product of a dedicated Journalist and a public analyst. The Publisher has been in Journalism profession for about three decades. He started his Journalism career with Gateway Mirror Newspaper, after which he joined the Compass Newspaper, Peoples Envoy Newspaper, Nigerian News Direct, Western Post Newspaper and Nigerian Pilot Newspaper as correspondent. The Peoples Voice Newspaper ‘www.thepeoplesvoice.com.ng’ is out to serve you with informative, educative and entertaining News. This is not the end, but a source for the news hunters.