The Federal Government and the Central Bank of Nigeria (CBN) are yet to take a stance on the legality of currency as legal tender contrary to speculation, the Presidency has clarified.
In a terse statement sent to the Tribune Online on Tuesday night, Garba Shehu, Senior Special Assistant to the President, said it is not true that preemptive action has already been taken on the matter.
He said the position of government will be made known after the determination of the suit at the Supreme Court.
“We wish to state that it is not true that the Federal Government or the Central Bank of Nigeria, CBN have taken a preemptive action on the legality of currency as a legal tender in view of the pendency of the case before the Supreme Court.
“The position of the government and the CBN will be made known upon the determination of the suit coming up tomorrow,” the presidential aide stated.
YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE
Sexually transmitted infections, left untreated, can cause cancer, infertility, blindness —Obunge
A medical expert, Professor Orikomaba Obunge, says that sexually transmitted infections (STIs) remain a big problem in Nigeria and some instance when left untreated can lead to long-term irreversible outcomes like cancer, infertility and blindness…
MC Oluomo: Remove Lagos REC now, Atiku tells INEC
The Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has called on the Independent National Electoral Commission (INEC) to remove the Resident Electoral Commissioner (REC) in Lagos, Olusegun Agbaje, over allegations of being partisan and compromised…
Feb 25: Peter Obi is a man I’ll be proud to call president – Mr Macaroni
Ahead of the forthcoming presidential election, popular Nigerian social activist and skit maker, Debo Adebayo, popularly called Mr Macaroni has said he would be proud to see the flag-bearer of the Labour Party (LP), Peter Obi emerge president…
INEC appeals against Osun election petition tribunal judgement on 44 grounds
The Independent National Electoral Commission has appealed against the judgement of Justice T. A. Kume led Election Petition Tribunal in Osun State on 44 grounds…
Scout reveals why Arsenal failed to sign Mbappe in 2013
Arsenal failed in an attempt to sign Kylian Mbappe in 2013, a former member of the club’s scouting team has revealed…
EDITORIAL: The increasing diphtheria deaths
AMID the raging protests over scarce naira notes and fuel and as political campaigns dominate the public space, Nigerians may be ignoring a dangerous killer in town: diphtheria…
“What we encounter here is a tragedy of recurrence. The seven letters S, A, D,…
The Securities and Exchange Commission (SEC) has prohibited Independent Directors from transitioning into Executive Director…
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has reaffirmed the administration's commitment…
The chairperson of Universal Basic Education board in Anambra State, Dr. Vera Nwadinobi, has praised…
Senator Suleiman Abdurrahman (Kawu Sumaila), currently representing Kano South Senatorial District, has been commended for…
As Nigeria joins the rest of the global community to commemorate the 2025 World Refugee…
This website uses cookies.