Nigerians who hoped that the nationwide broadcast by the President, Major General Muhammadu Buhari (retd.), would put an end to the crisis and sufferings engendered by the naira redesign had their hopes dashed on Thursday.
Contrary to these expectations, Buhari’s national broadcast failed to offer any concrete solution to the severe cash shortage or the pains and sufferings of Nigerians.
Senior lawyers who reviewed the President’s speech and its implications for the recent Supreme Court judgment on the matter also expressed consternation with some arguing that the President’s actions violated the order of the highest court in the land.
The President’s directive came barely 24 hours after the Supreme Court affirmed that its February 8 order restraining the Federal Government and its agencies from enforcing the February 10 deadline for the use of old N200, N500 and N1000 naira notes still subsisted.