Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»Business»Naira Crunch: Why Emefiele should be Arrested– Olisa Metuh
Business

Naira Crunch: Why Emefiele should be Arrested– Olisa Metuh

meridianspyBy meridianspyFebruary 15, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

Olisa Metuh, a former National Publicity Secretary of the Peoples Democratic Party (PDP), has said the disregard for the order of the Supreme Court by the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is “an affront” on the powers of the apex court.

Emefiele on Tuesday said that the February 10 deadline stipulated for the phasing out of the old N200, N500, and N1000 notes stands, Meridianspy reports.

Also Read: JUST IN: DSS invites Fani-Kayode over alleged Coup Plot by Atiku

The CBN boss insisted that the bank’s position remains unchanged despite a Supreme Court order restraining the apex bank from phasing out the new notes as planned.

Reacting, Metuh said “anything short of arresting the CBN governor means the judiciary should not be respected”.

He wrote on his known Facebook page: “Our country has become truly lawless. Any pronouncement of court whether right or wrong must be obeyed.

“I went to Kuje prisons for a very biased judgement and conviction even though it was obvious it was a contrived political persecution.

“The Supreme Court of Nigeria gave an exparte order binding the President of Nigeria wherein the CBN got the directive under S.20 of their act to withdraw the old naira notes. The statement of Emefiele is an affront on the powers of the Supreme Court.

“The CBN governor should be sighted for contempt and arrested. He is behaving like one chairman that used to bestride that commission like a colossus (and flouting the laws of the land).

“Anything short of arresting the CBN governor means the laws of Nigeria, especially the judiciary should not be respected.”

No related posts.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

Tinubu welcomes 4.43% GDP growth, promises stronger economic gains for Nigerians

August 31, 2026

Marine Agencies’ Revenue Rises 160% to N1.83tn in 2025 — Oyetola

August 31, 2026

Oil Output Rises As Pipeline Losses Decline

August 21, 2026
Search
Recent Posts
  • MNI Versus MNIPR in NIPSS: A Concerned Review of Yushau Shuaib’s Thought-Provoking Book, By Sunny Ibeh Jnr
  • 2027: It’s Time to Compensate Tinubu for What He Did for the North – Bichi
  • We’re Not Responsible for Hunger in Nigeria, PDP Fires Back at APC
  • Why Nigerians’ Data Finishes Fast – MTN
  • Toluwanisings’ Family Suspends Burial, Demands Probe Into Singer’s Death
  • NBBF President, Dr. Mustapha Abdullahi, Welcomes Sam Ahmedu to New Board
  • 2027: OK Movement Faults NDC Campaign Council List, Questions Party’s Grassroots Structure
  • 2027: NDC Slams Tinubu, APC Over ₦1bn Worth of Prado SUVs for Youth Leaders
  • Okonjo-Iweala Loses Mother at 96
  • Trump Has Changed America’s Mood — Nicki Minaj
  • NDC Sacks Borno Assembly Candidate Over Alleged Support for Atiku
  • NBBF President, Dr. Mustapha Abdullahi, Mourns Veteran Basketball Coach Lancaster 
  • Kaduna Ready As Tinubu Arrives For APC Presidential Campaign Flag-Off
  • BREAKING: Nollywood Actor Francis Duru Dies At 57 
  • Atiku Demands Publication of 103 Million Voters’ Register Ahead of 2027 Election
Categories
  • Business
  • Crime
  • Education
  • Entertainment
  • Environment
  • Foreign
  • Health
  • Investigations
  • Labour
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Politics
  • Security
  • Sport
  • Technology
  • World news
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2026 All Right Reserved. Designed by Techjuno

Type above and press Enter to search. Press Esc to cancel.