Tuesday, February 7, 2023
NewsBuka
No Result
View All Result
  • News
    Abia Speaker, Assembly Mourn Prof Ikonne, Describe Demise as “Immeasurable Loss to Abia”

    Abia Speaker, Assembly Mourn Prof Ikonne, Describe Demise as “Immeasurable Loss to Abia”

    Chief Michael Eririego Condoles With Family of Prof Uche Ikonne

    Chief Michael Eririego Condoles With Family of Prof Uche Ikonne

    Abridged Profile of Rt Hon Chinedum Enyinnaya Orji, Speaker, 7th Abia State House of Assembly and PDP Standard-bearer for Ikwuano/Umuahia Federal Constituency (UPDATED)

    Abridged Profile of Rt Hon Chinedum Enyinnaya Orji, Speaker, 7th Abia State House of Assembly and PDP Standard-bearer for Ikwuano/Umuahia Federal Constituency (UPDATED)

    Traders @ Free Zone Ariaria Allege Collection of N9000, Cries to Abia Govt to Intervene

    PVC Collection: Abia Govt Declares, Monday 23rd, Tuesday 24th as Public Holiday

    News Flash: Okorocha in Oguta, Pays Last Respect to Late Centenarian, Damanze David Igwe

    News Flash: Okorocha in Oguta, Pays Last Respect to Late Centenarian, Damanze David Igwe

    Abia Speaker Celebrates Dr John Nwadinobi on His Birthday

    Abia Speaker Celebrates Dr John Nwadinobi on His Birthday

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Politics
  • Sports
  • Foreign
  • Gossip
  • Entertainment
  • Health
  • News
    Abia Speaker, Assembly Mourn Prof Ikonne, Describe Demise as “Immeasurable Loss to Abia”

    Abia Speaker, Assembly Mourn Prof Ikonne, Describe Demise as “Immeasurable Loss to Abia”

    Chief Michael Eririego Condoles With Family of Prof Uche Ikonne

    Chief Michael Eririego Condoles With Family of Prof Uche Ikonne

    Abridged Profile of Rt Hon Chinedum Enyinnaya Orji, Speaker, 7th Abia State House of Assembly and PDP Standard-bearer for Ikwuano/Umuahia Federal Constituency (UPDATED)

    Abridged Profile of Rt Hon Chinedum Enyinnaya Orji, Speaker, 7th Abia State House of Assembly and PDP Standard-bearer for Ikwuano/Umuahia Federal Constituency (UPDATED)

    Traders @ Free Zone Ariaria Allege Collection of N9000, Cries to Abia Govt to Intervene

    PVC Collection: Abia Govt Declares, Monday 23rd, Tuesday 24th as Public Holiday

    News Flash: Okorocha in Oguta, Pays Last Respect to Late Centenarian, Damanze David Igwe

    News Flash: Okorocha in Oguta, Pays Last Respect to Late Centenarian, Damanze David Igwe

    Abia Speaker Celebrates Dr John Nwadinobi on His Birthday

    Abia Speaker Celebrates Dr John Nwadinobi on His Birthday

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Politics
  • Sports
  • Foreign
  • Gossip
  • Entertainment
  • Health
No Result
View All Result
NewsBuka
No Result
View All Result
Home National

Court orders Plaintiff to put CBN on Notice, in Suit on Exchange of Re-designed Naira Notes

NewsBuka by NewsBuka
December 19, 2022
in National
0
Court orders Plaintiff to put CBN on Notice, in Suit on Exchange of Re-designed Naira Notes
0
SHARES
14
VIEWS
Share on FacebookShare on Twitter

Following the Suit filed against the Central Bank of Nigeria ( CBN) , it’s Governor Mr Godwin Emefiele and the Attorney General of the Federation ( AGF) ( as 1st, second and third Defendants ) by Incorporated Trustees Of African Initiative Against Abuse of Public Trust on behalf of over 50 million Nigerians in different rural areas without bank account), the Federal High Court sitting at Awka, has directed the Plaintiff to put the Defendants on Notice to compel them to come to the court and show cause why the Plaintiff’s prayers , should not be granted them.

The three Defendants have Chief Musa Tolani , an Aba Abia state based Lawyer as their joint Counsel while Mr N.D.Agu filed the Suit marked FHC/AWK/CS/195/2022 for the Plaintiff. The Court Order which was made on 30th November, 2022 had a certified Copy dated 9th December , 2022.

READ ALSO

Okorocha’s Wife Bags Another Academic Laurel, Graduates from IMSU with a PhD

Federal High Court terminates Group’s quest to restrain CBN, others, from implementing Naira Re-design policy

Speaking on the Suit, Chief Tolani said yesterday that the Plaintiff’s prayers were for the court to order an interim injunction restraining the Defendants, particularly, the Central Bank of Nigeria (CBN) and Godwin Emefiele, either by themselves or their privies or agents from taking any step to enforce the implementation of the policy on the redesign of Naira and non physical exchange of the old notes with the new notes without a clear policy on how to accommodate over 50 million Nigerians without bank accounts.

The Plaintiff’s Prayers/ Relief(s) included granting accelerated hearing and determination of the Substantive Originating Summons, granting the Claimant Leave to serve Godwin Emefiele and Attorney General of Federation with the Court processes by substituted means by posting or transmission through DHL Courier Services, directing and barring the CBN and Emefiele by themselves or agents from taking any steps to dissipate, discountenance or in any other manner inhibit over 50 million Nigerians without bank accounts from using alternative means to exchange old notes with the redesigned notes.

They also prayed the Court for an ” Order of departure from the rules by abridging the time within which the Defendants may file their respective Counter Affidavit to substantive Originating Summons to a period of five days from the date of service of the processes”.

After hearing the Plaintiff’s Counsel ( Agu, Esq. ) who said that the CBN and Emefiele have served them with their response to the Originating Process before being served, and Defendants Counsel
(Chief Tolani) having confirmed that the Defendants have accepted service of the Originating Process and also filed and served their response thereto, the presiding justice , Hon. Justice H. A. Nganjiwa granted Reliefs A and B to the Plaintiffs to enable the 3rd Defendant ( AGF) be served with the Originating Processes and Leave to serve him by substituted means by posting.

He thereafter adjourned to 19th January, 2023 for hearing of the Motion on Notice for the Interlocutory Injunction.

Tags: CBNEmefieleNaira Re-design

Related Posts

Okorocha’s Wife Bags Another Academic Laurel, Graduates from IMSU with a PhD
National

Okorocha’s Wife Bags Another Academic Laurel, Graduates from IMSU with a PhD

February 5, 2023
Court orders Plaintiff to put CBN on Notice, in Suit on Exchange of Re-designed Naira Notes
National

Federal High Court terminates Group’s quest to restrain CBN, others, from implementing Naira Re-design policy

February 2, 2023
Social Media Identified as Critical in Kinetic, Non-kinetic Operations of the Military
National

Social Media Identified as Critical in Kinetic, Non-kinetic Operations of the Military

January 26, 2023
24th Social Media Influencers Seminar: Panelists Call on Army to Partner Media for Better Image
National

24th Social Media Influencers Seminar: Panelists Call on Army to Partner Media for Better Image

January 25, 2023
24th Social Media Influencers Seminar: Refrain from Glorifying Insurgents, Adeosun to Media Practitioners
National

24th Social Media Influencers Seminar: Refrain from Glorifying Insurgents, Adeosun to Media Practitioners

January 25, 2023
Nigerian Society of Engineers to Confer Abia Speaker, Chinedum Orji, with Fellowship
National

Nigerian Society of Engineers to Confer Abia Speaker, Chinedum Orji, with Fellowship

January 22, 2023
Next Post
2023: Refrain from Politics of Bitternes, Abia Speaker Tells Politicians, Says “I’m Ready to Do More for the People”

2023: Refrain from Politics of Bitternes, Abia Speaker Tells Politicians, Says "I'm Ready to Do More for the People"

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Academic Technologists to Receive Responsibility Allowance ~ Official

Academic Technologists to Receive Responsibility Allowance ~ Official

November 18, 2021

Outrage! Uche Nwosu Dehumanized by Police Officers from Imo Govt House, Abducted During Late Mum’s Outing Church Service

December 26, 2021
State of the Nation/2023 Presidency: 2 Powerful Ex-Govs & a Current Gov Meet in Abuja

State of the Nation/2023 Presidency: 2 Powerful Ex-Govs & a Current Gov Meet in Abuja

November 11, 2021

APC Reconciliation Committee May have Done a Hit Man’s Job in Abia ~Comrade Godson, Party Chieftain

January 29, 2022
(Video) Awo Junction Burnings/Insecurity in Imo: Okorocha Speaks at Senate Plenary

(Video) Awo Junction Burnings/Insecurity in Imo: Okorocha Speaks at Senate Plenary

November 23, 2021

EDITOR'S PICK

Eid-ul- Maulud: Buhari Felicitates Muslim Faithful, Nigerians

Eid-ul- Maulud: Buhari Felicitates Muslim Faithful, Nigerians

October 18, 2021
Abia Central Senatorial Candidate of YPP Commends OMPAN’s Town Hall Meeting

Abia Central Senatorial Candidate of YPP Commends OMPAN’s Town Hall Meeting

November 28, 2022
24th Social Media Influencers Seminar: Panelists Call on Army to Partner Media for Better Image

24th Social Media Influencers Seminar: Panelists Call on Army to Partner Media for Better Image

January 25, 2023
Rangnick: Manchester United Closing in on Gaffer on Interim Basis

Rangnick: Manchester United Closing in on Gaffer on Interim Basis

November 25, 2021

About

We bring you the hottest gist as it happens. NewsBuka.com is run by a set of seasoned journalists and IT professionals.

Follow us

Categories

  • Business
  • Entertainment
  • Foreign
  • Gossip
  • Health
  • National
  • News
  • Okwundu Center
  • Opinion
  • Politics
  • Spirituality
  • Sports

Recent Posts

  • 2023 Guber: Rescuing Abia Requires Holistic, Systematic Approach ~ Emenike
  • Okorocha’s Wife Bags Another Academic Laurel, Graduates from IMSU with a PhD
  • Bob Chiedozie Ogu: The Ideal Governorship Candidate for Abia PDP
  • PDP Primary: Chief Opah Scales Through Screening, Commends Committee for being Transparent

© 2022 - NewsBuka.com.

No Result
View All Result
  • Homepages
    • Home Page 1
    • Home Page 2
  • News
  • Politics
  • Sports
  • Foreign
  • Entertainment
  • Health
  • Gossip

© 2022 - NewsBuka.com.