SUPREME COURT UPHOLDS PRESIDENT'S POWER TO DECLARE EMERGENCY RULE. (PHOTO).

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 SUPREME COURT UPHOLDS PRESIDENT'S POWER TO DECLARE EMERGENCY RULE The  supreme court has affirmed the president's constitutional authority to declare a state of emergency in a state threatened by breakdown of law and order, including the power to temporarily suspend elected officials as an extraordinary measure to restore stability. The seven-man panel of justices of the apex court gave the order in a 6 to 1 split decision on a suit filed by Adamawa state and 10 others challenging president Bola Tinubu's march 18, 2025 declaration of emergency rule in Rivers state.  The declaration had led to the six-month suspension of the state's governor, deputy governor, and members of the house of assembly amid prolonged political crisis and security concerns. Although the court initially dismissed the suit on jurisdictional grounds, ruling that the plaintiffs failed to establish a sufficient cause of action invoking its original jurisdiction, it proceeded to address the substanti...
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GUIDELINES TO DEPOSIT OLD NAIRA NOTES AT THE CBN OFFICES ACROSS THE COUNTRY. (PHOTO).

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We're Ready, Opened To Receive Old Naira Notes Based On Certain Conditions -CBN 
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“In the last 24 hours, we have been inundated by questions from various angles of the general public about our operational guidelines on the old currency notes, be that as it may, there are so many questions here and there which people have been asking about. 

“So for the avoidance of doubt, we wish to state categorically that CBN is ready and is opened to receive all of those old notes based on certain conditions and criteria. Customers are free to come to the Bank and deposit which they cannot do at the Commercial Banks anymore because the currency has seized to be a legal tender since the 10th of this month.

“Consequently, the management of the CBN decided that those customers will have a sigh of relief by coming to the offices of the CBN in all the 36 states in the Federation including FCT to deposit their money.

“The customer has to go to the CBN portal and fill a form in the portal, there will be a form there concerning this currency redesign and exchange. After filling the form, you generate a code, you either print it or come with it in your mobile phone, give us the code and the information contained therein. In the form, you are expected to provide all the basic information about yourself, your account details and the amount you want to deposit.

“By the time you have done it correctly, you come to the CBN where the code will be accepted from you as well as the money, process and confirm the genuineness or otherwise of the money to avoid receiving fake notes because there are some fake notes in circulation now.” -Haladu Idris Andaza, Bauchi CBN Controller


 

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