Supreme Court Ruling: AGF Malami Distances Self From CBN Naira Swap Policy
The Attorney General of the Federation and Justice Minister, Abubakar Malami (SAN), has stated that it is not his responsibility to advise on monetary policies.
Naija News reports that the Supreme Court had on Friday ruled that the old N200, N500 and N1,000 notes remain as legal tender until December 31, 2023.
Following the ruling, the Federal Government and the Central Bank of Nigeria (CBN) have kept mute on the judgment, refusing to advise Nigerians on the next line of action.
Malami could not be reached for comments on the Supreme Court ruling yesterday.
Contacted by The Nation, his media aide, Dr. Umar Gwandu, said Malami’s brief excluded advice on monetary policy.
He urged the media to educate the public that his roles did not include advising on monetary policy issues.
Gwandu said: “It is important that the educational role of the mass media be exercised in this direction.
“The media is an important tool for education and enlightenment.
“Let us use the media to inform the general public that the functions of the office of Attorney General do not include monetary policy regulation.”
When his attention was drawn to a recent example where the AGF was categorical on the FG’s disposition to the February 8th interim injunction issued by the Supreme Court, Gwandu declined comment.