New Naira: 10 States Ask Supreme Court To Declare Buhari’s Directive Unconstitutional

New Naira: 10 States Ask Supreme Court To Declare Buhari’s Directive Unconstitutional

Ten states have asked the supreme court to declare the new directive of President Muhammadu Buhari, reintroducing the old N200 notes and declaring old N500 and N1,000 notes as unconstitutional.

On Thursday, the President said he directed the Central Bank of Nigeria to recirculate only the old N200 notes.

This is after the apex court did not vacate the order that the old N200, N500, and N1000 notes are still legal tender.

More details later.

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