Additionally, they urged the supreme court to swiftly reverse the decision since it might undermine the integrity of the general election in 2023 and ultimately undermine our most valued form of democracy. In light of the recent very contentious decisions and rulings from the Supreme Court, it is imperative that the court swiftly repair its reputation and demonstrate to Nigerians that it is not purposefully opposed to free, fair, and legitimate elections. Obed Okwukwe, the group's national coordinator, stated at a news conference in Abuja on Wednesday that "this decree is just intended to encourage politicians in the sharing of old money before elections." Recall that earlier on Wednesday, the Supreme Court issued an injunction preventing the Federal Government and the Central Bank of Nigeria, CBN, from enforcing the February 10 deadline for the discontinuation of the old 200, 500, and 1000 naira notes as legal cash.
Following an ex parte petition brought by the governments of Kogi, Kaduna, and Zamfara states, a seven-member Supreme Court panel led by Justice John Okoro unanimously decided to issue the temporary injunction. The court ruled that the Federal Government and the CBN could not enforce the deadline until February 15 when a notice about the matter would be decided.
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