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Court Rejects Old Notes For Filing Cases, Stuns Lawyers

Court rejects old notes for filing cases, stuns lawyers
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It was a bad day for lawyers and litigants who troupe in enmasse for filing of their court processes with old currency note as they were turned back to by the court official in the registry saying their banks were no longer accepting it as legal tender.

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Specifically, the account officials at the court registry said attempt by the to pay in old note collected by them into the government account was denied by the Polaris Bank

The Court officials noted that henceforth, lawyer and litigants must not come with the old note because it will no longer be acceptable to them.

The officials further said that the only a currency acceptable for filing of court processes in the Lagos Judiciary Registry is the new notes sanction by the governor of the Central Bank Of Nigeria, Godwin Emefiele as confirmed by their bankers.

One of the affected lawyer who did not want to mention his name confirmed that the registry at Osborne Division of Lagos High Court rejected the old note and turned him back from filling his processess.

He affirmed that the problem is not the judiciary official but that of CBN governor who is visiting anarchy on the nation by jettison the Supreme Court order.

“Non acceptance of old note would be catastrophe to the nation. The highest court in the land, Supreme Court, ordered his been flouted with impunity. It is obvious that the CBN, especially the governor, Godwin Emefiele is ready to impose state of anachy on Nigeria by directing banks against the order of the apex court.”

It would be recalled that the Supreme Court’s interim order on February 8, 2023 restraining the CBN from going ahead with the enforcement of its 10 February deadline for the use of the old naira note.

The Supreme Court had on Wednesday ordered the CBN not to put an end to the use of old naira notes on 10 February as earlier announced.

A seven-member panel of the court, led by John Okoro, gave the order of interim injunction amid acute scarcity of the newly redesigned N200, N500, and N1,000 currency notes.

The court gave the order temporarily based on an application filed by three northern states being controlled by the All Progressive s Congress (APC), Kogi, Kaduna and Zamfara States.

Last December, the CBN introduced the new notes amid efforts to fight corruption, terrorism, counterfeiting and related crimes. However, Nigerians have had a hard time getting the new notes amid scarcity and rising tension across the country.

The frustration has led to protests in parts of the country with angry Nigerians vandalizing ATMs and banks.

Many Nigerians besieged commercial banks and ATM points nationwide amid scarcity of the old and new naira notes.

Image courtesy of Akinshola Lucky Akintelure - ApplesBite International Magazine
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Akinshola Akintelure is a Content Writer, a tech savvy and Social Media Manager.

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