Saturday, November 23, 2024
Home Top Stories The Supreme Court Adjourns Suit On Old Naira Notes Till Feb 22

The Supreme Court Adjourns Suit On Old Naira Notes Till Feb 22

The Supreme Court of Nigeria has adjourned the case on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for hearing of the consolidated suits by 10 states.
The apex court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria, other lawyers and the governors of Kaduna and Kogi states, Nasir El-Rufai and Yahaya Bello, respectively.
At the last hearing, the Court had temporarily banned the implementation of the February 10 deadline of the CBN from making the old N200, N500 and N1,000 notes legal tender.
The Zamfara, Kogi and Kaduna states had instituted the suit against the Federal Government and the CBN.
Other states, namely Niger, Kano, Ondo, Ekiti, had also applied to be joined in the suit against the CBN and the Federal Government.
Court proceedings began with Justice John Okoro leading a seven-man panel.
He said the court should not lose sight of the case and its intention as it affects the suffering of Nigerians.
Lagos State, through its Attorney General, Moyosore Onigbanjo, also applied, seeking to be joined in the suit.
Bayelsa State, led by Damian Dodo, had also applied to be joined in the suit as a respondent. Similarly, Edo State applied to be joined as a respondent.

RELATED ARTICLES

NUJ Election: Lagos council adopts Alhassan, Abimbola as presidential, deputy presidential candidates

The Lagos State Council of the Nigeria Union of Journalists (NUJ) has unanimously adopted Comrade Alhassan Yahya and Dr. Mrs Abimbola Oyetunde as presidential...

Strike:Gombe Government, ASUU Reach Agreement

The Gombe State Government, through its Negotiation Team led by Deputy Governor, Dr. Manassah Daniel Jatau, has successfully reached an agreement with the Academic...

NUJ Presidential Hopefuls Celebrate Nigeria’s 64th Independence Anniversary, Pledge Commitment to Journalists’ Welfare

As Nigeria marks its 64th independence anniversary today, Comrade Alhassan Yahya and Dr. Abimbola Oyetunde, leading presidential and deputy presidential candidates of the Nigeria...

Most Popular

NUJ Election: Lagos council adopts Alhassan, Abimbola as presidential, deputy presidential candidates

The Lagos State Council of the Nigeria Union of Journalists (NUJ) has unanimously adopted Comrade Alhassan Yahya and Dr. Mrs Abimbola Oyetunde as presidential...

Strike:Gombe Government, ASUU Reach Agreement

The Gombe State Government, through its Negotiation Team led by Deputy Governor, Dr. Manassah Daniel Jatau, has successfully reached an agreement with the Academic...

NUJ Presidential Hopefuls Celebrate Nigeria’s 64th Independence Anniversary, Pledge Commitment to Journalists’ Welfare

As Nigeria marks its 64th independence anniversary today, Comrade Alhassan Yahya and Dr. Abimbola Oyetunde, leading presidential and deputy presidential candidates of the Nigeria...

HCM Celebrates Nigeria’s 64th Independence Day, Gombe State’s 28th Anniversary

Human Capital Managers (HCM), a leading provider of innovative HR management solutions, joins Nigerians and the people of Gombe state in celebrating the country’s...

Recent Comments