Governor, Central Bank of Nigeria (CBN), Godwin Emefiele was mute after meeting with President Muhammadu Buhari on Wednesday at the State House, Abuja.
Pressmen who waited to get an idea of the executives’ response to the judiciary’s intervention on the ongoing naira redesign policy were disappointed.
Recall that, a seven-person panel of the Supreme Court led by Justice John Okoro unanimously granted an interim injunction restraining the FG, CBN and deposit banks from implementing the Friday February 10, 2023 deadline earlier set for the old N200, N500, and N1000 naira notes to stop being legal tender, pending the determination of a notice in respect of the issue on February 15.
The meeting took place after this week’s Federal Executive Council (FEC) meeting, just hours after the Supreme Court ordered the executive arm of government and others involved in the naira redesign policy to stay action, till the determination of legal proceedings.
Recall that on Monday, the governments of Kaduna, Kogi and Zamfara states filed a motion exparte through their counsel lawyer, AbdulHakeem Mustapha, in which they prayed the Supreme Court to halt the CBN’s naira redesign policy.