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Unlawful ban on old naira notes: SERAP drags Buhari to court

Published

2 years ago

February 19, 2023

Socio-Economic Rights and Accountability Project (SERAP) on Sunday said it has filed a lawsuit against President Muhammadu Buhari over what the group called unlawful directive banning the use of old N500 and N1,000 banknotes.
SERAP said the action of the president was contrary to the interim injunction granted by the Supreme Court that the old N200, N500, and N1000 notes remain legal tender.

Joined in the suit as Defendants are the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, and the Central Bank of Nigeria (CBN).

The Supreme Court in a case initially brought by 10 states recently held that the old banknotes remain legal tender pending the determination of a motion on notice fixed for February 22. The deadline for the swap of the old notes expired February 10.

However, Buhari in a national broadcast last week directed the CBN to recirculate only the old N200 banknotes, thereby overruling the Supreme Court and banning the use of old N500 and N1,000 notes in the country.

In the suit number FHC/ABJ/CS/233/2023 filed last Friday at the Federal High Court, Abuja SERAP is asking the court to determine “whether President Buhari’s directive banning the N500 and N1,000 banknotes is not inconsistent and incompatible with the constitutional duties to obey decisions of the Supreme Court and oath of office.”

SERAP is asking the court for “a declaration that President Buhari’s directive banning the use of old N500 and N1,000 banknotes is a fundamental breach of section 287(1) of the Nigerian Constitution 1999 [as amended] and his constitutional oath of office, and therefore unconstitutional, unlawful, null and void.”

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SERAP is seeking “an order of interim injunction restraining President Buhari, the CBN and Mr Malami, their agents or privies from further enforcing the presidential directive banning the old N500 and N1,000 banknotes, pending the hearing and determination of the motion on notice filed contemporaneously in this suit.”

In the suit, SERAP is arguing that: “Upholding the rule of law is the cornerstone of Nigeria’s constitutional democracy. President Buhari and other public officials and authorities have a binding legal responsibility to strictly comply with the rule of law and obey the decisions by the Supreme Court, and all other courts.”

SERAP is also arguing that, “The directive to ban the use of N500 and N1000 banknotes, contrary to the interim injunction by the Supreme Court, is ultra vires – beyond the constitutional and legitimate powers of President Buhari and the government.”

The suit filed on behalf of SERAP by its lawyers Ebun-Olu Adegboruwa, SAN, and Kolawole Oluwadare, read in part: “It is a very serious matter for anyone to flout a positive order of a court.”

“President Buhari’s directive undermines the authority and independence of the judiciary, which is an underlying constitutional principle intended to ensure that government is conducted according to law, and to prevent the arbitrary exercise of powers or discretion by public officials and authorities.”

“An order of Court must be obeyed even if such an order is perverse, until such a time that the order is set aside by a competent court. A flagrant flouting of an order of the court by the executive is an invitation to anarchy.”

“The rule of law makes all government officials, including the President and other officials, answerable for their acts in the ordinary courts. The law must apply to everybody; nobody is above the law.”

“Section 281(1) of the Nigerian Constitution provides that, ‘the decisions of the Supreme Court shall be enforced in any part of the Federation by all authorities and persons, and by courts with subordinate jurisdiction to that of the Supreme Court.”

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“Under 318 (1) of the Nigerian Constitution, ‘decision’ means in relation to a court, any determination of that court and includes judgement decree, order, conviction, sentence or recommendation.”

“It is the duty of the government to allow the law to take its course or allow the legal and judicial process to run its full course.”

“The directive by President Buhari to ban the use of the old N500 and N1000 banknotes can have no other interpretation than the show of intention to pre-empt the final decision of the Supreme Court in this case.”

“The courts expect the utmost respect of the law from the government itself which rules by the law.”

“The rule of law is essential in a constitutional democracy such as we have in this country for the protection of the rights of citizens and for checking arbitrary use of power by the executive or its agencies.”

“It is a necessary implication of the rule of law that, except where the law gives a discretion to a public functionary, he can only act in accordance with the law, as to do otherwise may enthrone arbitrariness.”

“The Defendants are public officers who have sworn the constitutional oath office to perform their respective duties in the interest of the Nigerian citizens.”

“This suit is not challenging the statutory power of the Central Bank of Nigeria, acting on the directive of the President, to change the currency and denomination banknotes in Nigeria.”

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“Unless the reliefs sought are granted, the Defendants will continue to violate constitutional provisions and disobey the order of the Supreme Court as implied by the directive of the President in his address to the nation on 16 February, 2023.”

SERAP is also asking the court for the following reliefs:

A DECLARATION that by virtue of section 287(1) of the Nigerian Constitution 1999, President Buhari, the CBN and Mr Malami have a constitutional duty to obey and enforce any decisions and orders of the Supreme Court, particularly the order allowing the use of old N200, N500 and N1,000 banknotes;
AN ORDER restraining and stopping the CBN from carrying out and giving effect to the directive of the President directing and approving that the old N500 and N1,000 banknotes are no longer legal tender and the old N200 banknote will cease to be legal tender on 10 April 2023, in compliance with the order of the Supreme Court of Nigeria made on 8 February, 2023 in Suit Number SC/CV/162/2023– Attorney General of Kaduna State & 2 Ors v. Attorney General of the Federation;
AN ORDER mandating the CBN to direct all commercial banks in Nigeria to accept and give out the old N200, N500, and N1,000 banknotes as legal tender concurrently along with the new banknotes of the same denomination in line with the order of the Supreme Court of Nigeria made on 8 February, 2023 in Suit Number SC/CV/162/2023 – Attorney General of Kaduna State & 2 Ors v. Attorney General of the Federation;
ANY ORDER(S) that the Honourable Court may deem fit to make in the circumstance of this suit.

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Omokri : How Tinubu’s political mastery started with Abiola, says El-Rufai, Obi’s forces can’t stop him

Published

1 hour ago

April 25, 2025

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Abacha, Tinubu and Abiola

Omokri : How Tinubu’s political mastery started with Abiola, says El-Rufai, Obi’s forces can’t stop him

Reno Omokri, a former aide to ex-President Goodluck Jonathan, has credited President Bola Tinubu with playing a key role in the victory of the late Chief MKO Abiola during the annulled 1993 presidential election.

In a Facebook post on Thursday, Omokri argued that Tinubu’s influence and political acumen stretch far beyond recent elections, noting that opposition figures such as former Kaduna State governor Nasir El-Rufai and 2023 Labour Party presidential candidate Peter Obi lack the momentum to challenge Tinubu’s reelection in 2027.

“The recent seismic political realignments in Nigeria in favour of President Bola Tinubu should not surprise students of history,” Omokri wrote.

“Historical context is required to understand President Bola Tinubu. He did not start winning almost impossible-to-win elections in 2023. He is a veteran of such odds stacked against you elections.”

Omokri emphasized Tinubu’s pivotal role in Abiola’s 1993 campaign:”Many people forget or do not even know that then-Senator Bola Tinubu was Chief MKO Abiola’s right-hand man, helping him strategise and win the famed June 12, 1993 election upset.”

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He continued, “For roles requiring trust, with perhaps the exception of his son, Kola, and his late wife, Kudirat, there was nobody Chief Abiola looked to politically above then-Senator Tinubu. Even his political foe, Alhaji Sule Lamido, recently and grudgingly admitted it during an interview.”

Omokri described Tinubu as a uniquely skilled politician:”Hate him or love him, President Bola Tinubu is the best politician in Nigeria. He understands human nature, anticipates betrayal before it happens, and plans ahead for it.

“He also forgives easily, where there is repentance, and is able to work on the basis of no permanent enemy or friend but permanent interests.”

According to Omokri, Tinubu’s strength lies in his personal approach to politics:”But perhaps his biggest selling point is his relationship building abilities. The man knows how to reach out and touch people at the point of their need instead of waiting to get them by appealing to their greed, like his opponents.”

Looking ahead to the next general election, Omokri expressed confidence in Tinubu’s political future:”As long as God spares his life, I do not see anyone who can stop his reelection in 2027. Certainly not Nasir el-Rufai, who could not deliver his state to the APC when he was in office, how much more now that he is an out of office has been.”

He concluded with sharp criticism of Obi’s political approach:”And neither can Peter Obi, who has been exposed as an Islam-hating ‘Yes Daddy’ opportunistic politician.”

Omokri : How Tinubu’s political mastery started with Abiola, says El-Rufai, Obi’s forces can’t stop him

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US indicts Oladapo Fadugba over $690,000 scam, false citizenship

Published

1 hour ago

April 25, 2025

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US indicts Oladapo Fadugba over $690,000 scam, false citizenship

Oladapo Fadugba, a Nigerian-born United States citizen, faces 27 years in jail for his alleged involvement in a $690,000 wire fraud operation and making false representations to earn US citizenship.

Chronicle NG gathered this in a statement by the US Attorney for the District of Florida, Gregory Kehoe, obtained on Wednesday.

According to Kehoe, Fadugba was charged with various counts, including wire fraud, aggravated identity theft, and making false claims throughout his naturalisation process.

According to Kehoe, between October 2020 and July 2023, the suspect allegedly stole $690,000 in money from the US Department of Veterans Affairs that was intended for reimbursement to a large local healthcare provider.

It was also stated that Fadugba utilised another person’s identity to arrange transfers to various bank accounts under his control.

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The statement read, “According to the indictment, beginning on October 30, 2020, and ending no later than July 11, 2023, Fadugba had more than $690,000 of Department of Veterans Affairs funds, intended for reimbursement to a large local healthcare provider, transferred to his personal bank accounts.

“Fadugba then wrote cheques to himself or to businesses associated with him, which were subsequently transferred to other bank accounts under his control. It is alleged that he used the identification of another individual to carry out these transfers.”

In addition, Fadugba is accused of lying under oath during his US naturalisation proceedings by falsely claiming that he had never committed a crime for which he had not been arrested.

According to Kehoe, if the defendant is convicted on all counts, he faces a maximum term of 27 years in federal prison and a forfeiture of $400,000, which represents proceeds from the alleged offences.

“The indictment further alleges that Fadugba, a naturalised US citizen from Nigeria, made a false statement under oath during his naturalisation proceedings by claiming he had not committed any offence or crime for which he had not been arrested.

“If convicted on all charges, Fadugba faces up to 27 years in federal prison. The indictment also includes a notice that the United States is seeking a forfeiture order of $400,000, which reflects the approximate proceeds of the criminal conduct charged,” the statement added.

Kehoe concluded by mentioning that “an indictment is merely a formal accusation of criminal conduct, and every defendant is presumed innocent unless and until proven guilty.”

US indicts Oladapo Fadugba over $690,000 scam, false citizenship

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Groom cancels wedding, marries another lady same date, venue

Published

2 hours ago

April 25, 2025

Trends Admin

Groom cancels wedding, marries another lady same date, venue

The solemnisation of holy matrimony between a groom, Henry James, and Miss Afiniki Ibrahim was reportedly called off few days to the occasion.

The wedding scheduled to have been held on the 12th of April, 2025, in Saminaka, Lere Local Government of Kaduna State, was called off after the bride was discovered to be pregnant.

Our correspondent gathered that the bride was discovered pregnant after a series of tests were conducted by the Evangelical Church of West Africa (ECWA).

It was gathered that the doctrine of the church stipulates that every couple is mandated to carry out several tests by the church medical team in a bid to ascertain their compatibility and to ascertain if the ”bed has been defiled”.

A source who spoke to our correspondent on the condition of anonymity revealed that Miss Afiniki was discovered pregnant after the tests were carried out.

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However, the groom-to-be distanced himself from the pregnancy, saying he did not have any knowledge of her throughout their courtship.

The discovery prompted Henry to call off the wedding.

In a dramatic twist, it was gathered that the secretary asked the disgruntled groom to marry Miss Godiya, a member of the church who had once rejected his love advances.

The secretary it was gathered, spoke to Godiya, who, in turn, expressed her readiness to marry Henry.

With her acceptance, Henry and Godiya tied the nuptials on the same date, same venue he was to marry his pregnant ex-fiancée.