Newspaper Headlines: 50 feared killed in Benue attack | Old naira still scarce despite s’court order

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Newspaper Headlines: 50 feared killed in Benue attack | Old naira still scarce despite s’court order

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March 7, 2023

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Reports on the scarcity of naira notes despite the supreme court verdict dominated the cover pages of Nigerian newspapers.

The Punch says commercial banks in the country have begun partial compliance with the supreme court order approving the use of old N1,000, N500 and N200 notes as legal tender. The newspaper reports that the Academic Staff Union of Universities (ASUU) has asked Bola Tinubu, President-elect, not to handle education like President Muhammadu Buhari.

The Nation reports that naira scarcity lingers despite supreme court judgement on the validity of old naira notes. The newspaper says Wole Olanipekun, a senior advocate of Nigeria (SAN), and 49 other lawyers are set to defend the mandate of Tinubu in court.

THISDAY reports that questions have been raised on the court application of the Independent National Electoral Commission (INEC) seeking to reconfigure the bimodal voter accreditation system (BVAS) ahead of the March 11 governorship. The newspaper says some commercial banks have resumed the issuance of old naira notes to customers.

Daily Trust reports that long queues were seen at banks across the country on Monday as customers struggled to withdraw cash, despite the supreme court verdict on the validity of old naira notes. The newspaper says the federal government is set to spend N869 billion on the 2023 census.

The Guardian reports Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has threatened daily protests at the INEC headquarters in Abuja over the conduct of the February 25 presidential election. The newspaper says a senator from the south-east zone of the country has been tipped as the next senate president.

Source: Top Stories