Naira: Supreme Court Adjourns Kaduna, Kogi, Zamfara’s Suit Hearing

1

The hearing in the lawsuit seeking to outlaw the usage of the old naira was postponed by the Supreme Court, which was sitting in Abuja on Wednesday, until Wednesday, February 22, 2023.

The three states sued the federal government, requesting a restraining order to prevent the full implementation of the Central Bank of Nigeria’s currency redesign program.

In a recent development, nine states have asked to join the original lawsuit brought by the governments of Kogi, Kaduna, and Zamfara.

The new number of plaintiffs now stands at ten. The states are Katsina, Lagos, Cross River, Ogun, Ekiti, Ondo, and Sokoto.

On the other hand, Edo and Bayelsa have filed to be joined as respondents.

The 7-man panel led by Justice John Okoro ordered them to amend their processes to be heard as one.

Meanwhile, pending hearing, the old order to suspend the ban of the now older 200, 500 and 1000 naira notes subsist.

 

1 Comment
  1. Eddie matt says

    Thank God o, because even the new note is not even enough for Nigerians, God will help us

Leave A Reply

Your email address will not be published.