The Presidency on Monday said President Muhammadu Buhari did not direct the Central Bank of Nigeria (CBN) to shun the Supreme Court order on the validity of naira notes.
“It is therefore wide off the mark to blame the President for the current controversy over the cash scarcity, despite the Supreme Court judgement. The CBN has no reason not to comply with court orders on the excuse of waiting for directives from the President,” Presidential spokesman Garba Shehu said in a statement.
READ ALSO: CBN has directed banks to dispense old naira notes, says Soludo
“Since the President was sworn into office in 2015, he has never directed anybody to defy court orders, in the strong belief that we can’t practise democracy without the rule of law and the commitment of his administration to this principle has not changed.
