Eminent lawyer and activist Ebun-Olu Adegboruwa, SAN, has described Thursday morning’s nationwide broadcast on the naira crisis by President Muhammadu Buhari as contempt of the Supreme Court.

Buhari in the 13-minute broadcast approved use of only the old N200 as legal tender till April 10, while the apex court earlier directed that all denominations of the naira should remain legal tender until it rules on the state governors’ suit against the Federal Government and the Central Bank of Nigeria (CBN).

Faulting Buhari, Adegboruwa said in a statement made available to News Express: “The President cannot overrule the Supreme Court of Nigeria. There is separation of powers in a democracy.

“Under section 235 of the 1999 Constitution, the Supreme Court is the final authority in legal pronouncements in Nigeria.

“Under section 287(1) of the Constitution, the President is statutorily obliged to obey, enforce and give effect to the decision of the Supreme Court.

“Section 287(1) of the 1999 Constitution:

“(1) The decisions of the Supreme court shall be enforced in any part of the Federation by all authorities and persons, and by courts with subordinate jurisdiction to that of the supreme Court.”

“The broadcast of the president is sad for our democracy. Since he already admitted that the matter is subjudice, the President should not have proceeded to vary the order of the Supreme Court.

“The president and indeed the executive should not give the impression that citizens can brazenly disregard lawful orders of any court, as that will only encourage anarchy and lawlessness.

“It amounts to executive rascality and brazen disregard and contempt of the Supreme Court, for the President to separate the denomination of the old notes for legality. It is not open to the President to choose which portion of the order of the Supreme Court that will be obeyed.

“The President should reverse his directive and add the N500 and N1000 old notes, failing which the Supreme Court should overrule the directive of the President in on February 22 when the case comes up.”

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