28 C
Lagos
Friday, December 4, 2020
Subscribe to News360 Info by Email
Home Banking CBN defends Arabic inscriptions on naira notes

CBN defends Arabic inscriptions on naira notes

Invest In Mutual Funds Like A Hero

The Central Bank of Nigeria (CBN) has opposed a suit before the federal high court in Lagos seeking to remove Ajami (Arabic) inscriptions on the naira notes.

CBN told the court that it will cost a lot of money to discard existing notes and print new ones without Ajami.

It also said Ajami is not a symbol or mark of Islam, but an inscription to help non-English speakers who are Ajami literate.

The apex bank made the submission in a counter-affidavit to a suit filed by Malcolm Omirhobo, a Lagos-based lawyer, before Mohammed Liman, presiding judge over the case.

In January 2020, Omirhobo had filed a suit against the federal government, CBN, and attorney general of the federation over Arabic inscription on naira notes.

Omirhobo argued that Nigeria is a secular nation and urged the court to declare it illegal, unlawful, and unconstitutional for Arabic language to be inscribed on naira notes rather than English language or Hausa, Yoruba and Igbo.

However, in its counter-affidavit deposed by Abiola Lawal, CBN said: “Ajami inscriptions on some of the country’s currencies do not connote any religious statements or Arabian alignment”.

“The inscriptions on the country’s currencies do not and at no time have they threatened the secular statehood of the nation or have they violated the constitution of Nigeria, as every design and inscription was finalised with the approval of the relevant government bodies.

“The naira notes retained the inscriptions with Ajami since 1973 when the name of the Nigerian currency was changed to naira from pounds.

“Ajami was inscribed on the country’s currency by the colonialists to aid those without Western education in certain parts of the country, who, back then, constituted a larger part of the populace.

“Ajami is not a symbol or mark of Islam but an inscription to aid the populace uneducated in Western education in ease of trade.”

CBN further said removing Arabic inscriptions from naira notes “would cost the tax-paying Nigerians and federal government colossal sum of money to discard the existing naira notes and print new ones in satisfaction of the plaintiff”.

Similarly, the Nigerian Army opposed Omirhobo’s suit seeking to remove Arabic inscriptions on the army’s logo, urging the court to throw it out.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

EFCC produces fugitive ex-pension boss Abulrasheed Maina in court

The Economic and Financial Crimes Commission (EFCC), on Friday, produced the former Chairman, the defunct Pension Reform Task Team (PRTT), Abulrasheed Maina,...

Polytechnic lecturers send message to Buhari

Polytechnic lecturers on Thursday approached the President Muhammadu Buhari-drove organization to make changes that will improve the nature of specialized labor in...

Borno massacre: Act before we all die – CAN tells Buhari, security agencies

The Christian Association of Nigeria (CAN) on Friday condemned the murder of Borno rice farmers in the strongest terms.

Buhari has failed, he needs to resign, ask for forgiveness – Sule Lamido

A former governor of Jigawa State, Sule Lamido, has said President Muhammadu Buhari needs to seek forgiveness from God because...

Recent Comments