A Senior Advocate of Nigeria, Femi Falana, has accused the Central Bank of Nigeria (CBN) of flouting the interim injunction of the Supreme Court suspending the implementation of the February 10 deadline on the use of the old banknotes.

Falana told journalists that the government was not ready to comply with the order.

According to him, the law will be invoked to deal with those who are deliberately flouting the orders of the court and sabotaging the rule of law in Nigeria.

Following the redesign of the N200, N500, and N1,000 banknotes in November 2022, Nigerians trooped to various banks to deposit their old currencies in line with the initial January 31 deadline, which the apex bank later extended to February 10.

However, an interim injunction granted by the Supreme Court on February 8 restrained the CBN from carrying out the implementation.