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Naira Swap: Buhari Didn’t Overrule Supreme Court Order, Says AGF Malami

by Jonathan Nda-Isaiah
2 years ago
in News
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The Attorney General of the Federation and Minister of Justice, Abubakar Malami, has dismissed insinuations that President Muhammadu Buhari overruled the Supreme Court order on the Naira Swap deadline.

The AGF spoke on Thursday during the weekly ministerial briefing organised by the Presidential Communication Team at the Presidential Villa, Abuja.

According to him, no Nigerian has taken the old Naira notes to the bank and was rejected, insisting that the administration has not breached the apex court order.

He also stated that the Naira redesign policy was intended to stop moneybags from hijacking the general election.

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The AGF also stated that no President has sanitised the electoral process like President Buhari.

He explained: “Your question can best be answered within the context of what constitutes a rule of law in the Nigerian situation, where an order is made by a court, you have multiple options, but let me state before even addressing the issue of the options available at our disposal as a government.

“The fact, clearly, that we are not in breach of any order made by the court, inclusive of any order associated with the naira redesign.

“We are not in breach. I believe I’m not a banker, but you have not gone to establish which bank is it that you have gone to present a N1000 or N500 notes that has been rejected. So we are not in breach.

“But then, assuming we are in breach, the fact remains that this matter is sub-judice, as you rightly know. It’s being contested before the Supreme Court and when an order is made, you have multiple options within the context of the rule of law.

“One, you are entitled as a matter of right, if the facts and evidence support your position, to apply for setting it aside. The position of the law, legal jurisprudence is clear, once you are attacking and you seeking for a setting aside of an existing order of the court, you cannot be said to be operating in breach when you presented your application for setting aside.

“If the court is not an apex court, you equally have a right of appeal and support the right of appeal with an application for stay of execution order.

“So, the bottom line of what I’m trying to state, if the matter is sub-judice and within the context of the rule of law, we are doing the needful as a government, in terms of ensuring that the right of the government, within the context of the naira redesign, is being protected. So we are not in breach.”


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