'Void President Buhari's Directive On N200 Notes, Other Currencies'—10 States



The Supreme Court of Nigeria was on Saturday asked to declare the new directive of President Muhammadu Buhari, reintroducing the old N200 notes and declaring old N500 and N1,000 notes as unconstitutional.


The prayer was made before the apex court by no fewer than 10 states.


President Buhari had last Thursday directed the Central Bank of Nigeria, CBN, to recirculate only the old N200 notes.


The president's directive is coming after the CBN refused to vacate the order that the old N200, N500, and N1000 notes are still legal tender.


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