The Supreme Court of Nigeria has restrained the Central Bank of Nigeria (CBN) and Federal Government from ending the legal tender statuses of old N200, N500 and N1000 banknotes on February 10, 2023.
The apex court made the order following the suit filed by three State governments challenging the Naira swap policy.
LEADERSHIP reports that the governments of Kaduna, Zamfara and Kogi States had approached the Supreme Court seeking an order to stop the policy.
<div><img width="300" height="169" src="https://www.naijanews.com/wp-content/uploads/2020/09/Taiwo-Oyedele-1024x576-1-300x169.jpg" class="attachment-medium size-medium wp-post-image" alt="" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2020/09/Taiwo-Oyedele-1024x576-1-300x169.jpg 300w, https://www.naijanews.com/wp-content/uploads/2020/09/Taiwo-Oyedele-1024x576-1-768x432.jpg 768w, https://www.naijanews.com/wp-content/uploads/2020/09/Taiwo-Oyedele-1024x576-1-390x220.jpg 390w, https://www.naijanews.com/wp-content/uploads/2020/09/Taiwo-Oyedele-1024x576-1.jpg 1024w" sizes="(max-width: 300px) 100vw, 300px" /></div>
<p>The Federal Government has denied media reports that it is proposing an increase in the Value Added Tax (VAT) rate. The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, made this known in a series of posts via his official X handle on Wednesday evening. Naija News earlier reported that […]</p>
<p>The post <a href="https://www.naijanews.com/2024/05/08/we-didnt-propose-increase-in-vat-rate-fg/">We Didn’t Propose Increase In VAT Rate – FG</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>
The fifth accused in the attempted murder case involving Vusimuzi “Cat” Matlala and four others is expected to appear alone in the Johannesburg High Court…
