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PAPS Asks CBN to Obey Court Order on N37.4bn Promissory Notes


• Zamfara govt writes CBN, demands compliance
The Patriots for the Advancement Of Peace and Social Development (PAPS) has called on the Central Bank of Nigeria (CBN) to obey the orders of a Federal High Court, Abuja, restraining it from going ahead to process the N14.9billion promissory notes belonging to Zamfara State in favour of the United Bank for Africa (UBA).
Also, the Zamfara State Government through its counsel, Ahmed Raji (SAN) has asked the apex bank to exercise administrative prerogative by halting the redemption of the said promissory note.
The patriots made the call in a statement by its Chairman, Dr Sani Shinkafi at the weekend, warning the CBN against going ahead to give effect to the first promissory note of N14.9 billion. ....

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