• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, July 5, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Governor Akeredolu Asks Federal Govt, Banks To Obey Apex Court Ruling On Naira Policy

by Chibuzo Ukaibe
2 years ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

Ondo State Governor Rotimi Akeredolu  has asked the federal government to immediately obey the ruling of the Supreme Court on the naira redesign policy, saying there is no alternative to the government.

Advertisement

He also asked banks to release the deposits of Nigerians in their custody upon demand forthwith as there will be grave consequences for continued seizure of the hard-earned monies of citizens.

Akeredolu, who was reacting to the apex court’s verdict on the matter, said the Ondo State government would not hesitate to proceed against persons and institutions whose activities impede the ability to discharge statutory obligations to the people.

While he criticised the Central Bank of Nigeria (CBN) Governor Godwin Emefiele and minister of justice and attorney general of the federation Abubakar Malami for misleading the president on the policy, he saluted the industry and courage of justices of the Supreme Court for the well-considered ruling.

In a statement made available to LEADERSHIP in Abuja yesterday, Akeredolu said, “The government and the people of Ondo State received the news of the ruling of the Supreme Court on the punitive implementation of a monetary policy hurriedly packaged to achieve a pernicious end by Mr Godwin Emefiele, with great relief. The position of the apex court is in tandem with our press releases on the subject matter.”

RELATED

IAWPA Congratulates Americans On Independence Day

IAWPA Congratulates Americans On Independence Day

56 minutes ago
Wike: Changing The Face Of Infrastructure In Abuja

Release NDDC Forensic Audit Report Or I Resign As FCT Minister, Wike Tells Federal Gov’t

2 hours ago

He added that it was deplorable to witness small businesses collapse with unbelievable rapidity, adding that Nigerians had been regaled with tales of the dehumanisation of ordinary people who had been forced to strip naked in banking halls, weeping to be given their monies kept with the banks.

“Some have lost their lives, needlessly, for being unable to access their deposits in the banks upon demand,” he said.

He added that the governor of the CBN acted most irresponsibly when he claimed to be exercising powers which the CBN Act does not invest in his office.

“There is no gain asserting the obvious. The whole policy may have been well conceived. Its implementation has been politically driven. The CBN governor is a partisan of injustice and oppression. Most governments, perhaps with the exception of a negligible few motivated by the possibility of deriving unexpressed political advantages,  cannot meet simple obligations to their citizens. It is most unfortunate,” he added.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Guber Poll: Clerics Pray For Kwara Governor As 300 PDP Members Decamp To APC

Next Post

2023 Poll: Audit, Don’t Cancel!

Chibuzo Ukaibe

Chibuzo Ukaibe

You May Like

IAWPA Congratulates Americans On Independence Day
News

IAWPA Congratulates Americans On Independence Day

2025/07/04
Wike: Changing The Face Of Infrastructure In Abuja
News

Release NDDC Forensic Audit Report Or I Resign As FCT Minister, Wike Tells Federal Gov’t

2025/07/04
Tinubu
News

Tinubu Leaves Saint Lucia, Heads To Brazil For BRICS Summit

2025/07/04
JUST-IN: Court Orders Immediate Recall Of Suspended Senator Natasha
News

Natasha: Judiciary Is Last Hope Of The Oppressed, Says Action Collective

2025/07/04
Nyanya/Karu Residents Laud Wike Over Restoration Of Potable Water
News

‘Amaechi Has Spiritual Problem, I Risked My Life To Make Him Gov’, Wike Alleges

2025/07/04
Amaechi’s Wife Got N48bn Contract From NDDC — Wike
News

Amaechi’s Wife Got N48bn Contract From NDDC — Wike

2025/07/04
Leadership Conference advertisement

LATEST

IAWPA Congratulates Americans On Independence Day

Release NDDC Forensic Audit Report Or I Resign As FCT Minister, Wike Tells Federal Gov’t

Tinubu Leaves Saint Lucia, Heads To Brazil For BRICS Summit

Natasha: Judiciary Is Last Hope Of The Oppressed, Says Action Collective

Gov Yusuf Appoints Ahmed Musa As General Manager Of Kano Pillars

‘Amaechi Has Spiritual Problem, I Risked My Life To Make Him Gov’, Wike Alleges

Amaechi’s Wife Got N48bn Contract From NDDC — Wike

Cultism: Police Arrest Suspected Killer Of Vigilantes, 15 Others In Edo

Kano Gov Makes Fresh Appointments 

UEFA Slams Fines On Chelsea, Aston Villa, Barca, Others For Breach Of FFP

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.