• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • Politics/Elections
    • Entertainments & Sports
    • International
    • Investigation
    • Law & Human Rights
    • Africa
    • ACCOUNTABILITY/CORRUPTION
    • Hassan Gimba
    • Column
    • Prof. Jibrin Ibrahim
    • Prof. M.K. Othman
    • Defense/Security
    • Education
    • Energy/Electricity
    • Entertainment/Arts & Sports
    • Society and Lifestyle
    • Food & Agriculture
    • Health & Healthy Living
    • International News
    • Interviews
    • Investigation/Fact-Check
    • Judiciary/Legislature/Law & Human Rights
    • Oil & Gas/Mineral Resources
    • Press Freedom/Media/PR/Journalism
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Media OutReach Newswire
    • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • EFCC arraigns ex-Skye Bank chairman Ayeni over alleged N15.6bn fraud
  • Nairametrics disowns fake AI videos impersonating founder, cautions investors
  • US expert calls for stronger lassa fever response in Nigeria
  • UN demands Israel immediately release Gaza Flotilla activists
  • Gov. Otti orders temporary site for NOUN study centre in Aba
  • Lagos resident lament soaring tomato prices
  • How a stable Naira is quietly fixing Nigeria, By Kalu Aja
  • Naira strengthens to N1,362/$, extends rally against dollar
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    Lagos resident lament soaring tomato prices

    May 6, 2026

    FG unveils 2025–2030 revised national gender policy on agrifood systems

    May 6, 2026

    High fertiliser prices threaten 2026 farming season in Bauchi

    May 5, 2026

    Haruna pledges education, agriculture focus in Nasarawa bid

    May 5, 2026

    FG reaffirms commitment to rural roads, market access

    May 4, 2026
  • Sci & Tech

    UBA, MTN MoMo, RedTech unveil cardless payment solution

    May 6, 2026

    Uganda unveils first homegrown biotech livestock vaccine, targets regional leadership

    May 3, 2026

    Samsung revenue jumps 43% in Q1

    May 1, 2026

    AfricaX summit to support commercialisation of innovations

    April 30, 2026

    FUTA don advocates people-centred engineering for sustainable industrial growth

    April 30, 2026
  • Health

    US expert calls for stronger lassa fever response in Nigeria

    May 6, 2026

    NANNM urges Soludo to recruit more nurses, midwives

    May 6, 2026

    Kwara flags off free lenacapavir HIV prevention drug

    May 6, 2026

    WHO confirms 2 hantavirus cases, 5 suspected on cruise ship

    May 5, 2026

    Niger launches immunisation plus campaign

    May 5, 2026
  • Environment

    Oyo introduces daily environmental sanitation enforcement

    May 6, 2026

    Shettima reaffirms FG commitment to humanitarian response

    May 6, 2026

    Lagos bridge crash kills 1, injures 4

    May 5, 2026

    SERAP, Editors seek press freedom

    May 4, 2026

    NRC strongly condemns attacks on Abuja–Kaduna trains

    May 4, 2026
  • Hausa News

    Otti plans 250-room 5-star hotel in Umuahia

    April 11, 2026

    Anti-quackery task force seals 4 fake hospitals in Rivers

    August 29, 2025

    [BIDIYO] Yadda na lashe gasa ta duniya a fannin Ingilishi – Rukayya ‘yar shekara 17

    August 6, 2025

    A Saka Baki, A Sasanta Saɓani Tsakanin ‘Yanjarida Da Liman, Daga Muhammad Sajo

    May 21, 2025

    Dan majalisa ya raba kayan miliyoyi a Funtuwa da Dandume

    March 18, 2025
  • More
    1. Business/Banking & Finance
    2. Politics/Elections
    3. Entertainments & Sports
    4. International
    5. Investigation
    6. Law & Human Rights
    7. Africa
    8. ACCOUNTABILITY/CORRUPTION
    9. Hassan Gimba
    10. Column
    11. Prof. Jibrin Ibrahim
    12. Prof. M.K. Othman
    13. Defense/Security
    14. Education
    15. Energy/Electricity
    16. Entertainment/Arts & Sports
    17. Society and Lifestyle
    18. Food & Agriculture
    19. Health & Healthy Living
    20. International News
    21. Interviews
    22. Investigation/Fact-Check
    23. Judiciary/Legislature/Law & Human Rights
    24. Oil & Gas/Mineral Resources
    25. Press Freedom/Media/PR/Journalism
    26. General News
    27. Presidency
    Featured
    Recent

    EFCC arraigns ex-Skye Bank chairman Ayeni over alleged N15.6bn fraud

    May 6, 2026

    Nairametrics disowns fake AI videos impersonating founder, cautions investors

    May 6, 2026

    US expert calls for stronger lassa fever response in Nigeria

    May 6, 2026
  • About Us
    1. Contact Us
    2. Board Of Advisory
    3. Privacy Policy
    4. Ethics Policy
    5. Teamwork And Collaboration Policy
    6. Fact-Checking Policy
    7. Advertising
    Featured
    Recent

    EFCC arraigns ex-Skye Bank chairman Ayeni over alleged N15.6bn fraud

    May 6, 2026

    Nairametrics disowns fake AI videos impersonating founder, cautions investors

    May 6, 2026

    US expert calls for stronger lassa fever response in Nigeria

    May 6, 2026
  • Media OutReach Newswire
    • Wire News
  • The Stories
AsheNewsAsheNews
Home»Business/Economy/Banking & Finance»Naira notes: Buhari not in breach of Supreme Court order – AGF Malami
Business/Economy/Banking & Finance

Naira notes: Buhari not in breach of Supreme Court order – AGF Malami

Abdallah el-KurebeBy Abdallah el-KurebeFebruary 23, 2023Updated:February 23, 2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Attorney-General and Minister of Justice, Abubakar Malami says President Muhammadu Buhari has not acted in breach of any law on the Supreme Court order in respect of the naira redesign policy.

The minister stated this at the Ministerial Media Briefing organised by the Presidential Communications Team at the Presidential Villa, Thursday in Abuja.

Malami affirmed that the federal government did not act contrary to the law of the federation, saying “as far as the rule of law is concerned, there are many options available”.

The minister, who spoke extensively on the benefits of electoral reforms, noted that “it is only the Buhari’s administration that has exercised the political will to enhance democratic practice through legislative, political, and administrative interventions.”

Governors Abdullahi Ganduje of Kano State, Dapo Abiodun of Ogun and Nasir el-Rufai of Kaduna State, had openly condemned and denigrated the implementation of the naira swap policy.

They asked people in their states to continue to spend the old N500 and N1000 as legal tenders.

However, the minister said: “We are not in breach of any order made by the court, inclusive of any order associated with the naira redesign.

“I’m not a banker, but you have not gone to establish which bank is it that you have gone to present N1000 or N500 notes that have been rejected; so we are not in breached of any ruling.

“But then, assuming we are in breach, the fact remains that this matter is sub-judice, as you rightly know. It’s being contested before the Supreme Court and when an order is made, you have multiple options within the context of the rule of law.

“You are entitled as a matter of right, if the facts and evidence support your position, to apply for setting it aside.

“The position of the law, and legal jurisprudence is clear, once you are attacking and you seeking a setting aside of an existing order of the court, cannot be said to be operating in breach when you presented your application for setting aside.

“If the court is not an apex court, you equally have a right to appeal and support the right of appeal with an application for a Stay of Execution Order.

“So, if the matter is sub-judice and within the context of the rule of law, we are doing the needful as a government, in terms of ensuring that the right of the government, within the context of the naira redesign, is being protected.

“So we are not in breach.”

On the fate of the governors allegedly inciting citizens against the currency redesign policy, Malami said all those inciting the public would be investigated for treasonable utterances by the security agencies soon.

According to him, relevant security agencies will determine if there will be a need for further action after investigation.

Malami highlighted the importance of the redesign policy, which he said would enable citizens to assume collective ownership of the electoral system rather than allowing a few moneybags to take charge.

According to the minister,the policy is designed to allow freedom of choice and also fight corruption.

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Abdallah el-Kurebe
  • Website
  • Facebook
  • Twitter
  • LinkedIn

Related Posts

How a stable Naira is quietly fixing Nigeria, By Kalu Aja

May 6, 2026

Naira strengthens to N1,362/$, extends rally against dollar

May 6, 2026

Sycamore closes oversubscribed N6.89bn commercial paper

May 6, 2026

Leave A Reply Cancel Reply

EFCC arraigns ex-Skye Bank chairman Ayeni over alleged N15.6bn fraud

May 6, 2026

Nairametrics disowns fake AI videos impersonating founder, cautions investors

May 6, 2026

US expert calls for stronger lassa fever response in Nigeria

May 6, 2026

UN demands Israel immediately release Gaza Flotilla activists

May 6, 2026
About Us
About Us

ASHENEWS (AsheNewsDaily.com), published by PenPlus Online Media Publishers, is an independent online newspaper. We report development news, especially on Agriculture, Science, Health and Environment as they affect the under-reported rural and urban poor.

We also conduct investigations, especially in the areas of ASHE, as well as other general interests, including corruption, human rights, illicit financial flows, and politics.

Contact Info:
  • 1st floor, Dogon Daji House, No. 5, Maiduguri Road, Sokoto
  • +234(0)7031140009
  • ashenewsdaily@gmail.com
Facebook Twitter Instagram Pinterest
© 2026 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

Type above and press Enter to search. Press Esc to cancel.