x

Naira Crisis: Supreme Court Adjourns Hearing 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.

Hot this week

Ex- Guber Aspirant in Benue, petition Gov. Alia To Pope

Begs pontiff to save catholic church Former Gubernatorial candidate in...

Nigerian-London Based Businessman, Andishu Hails Gov Otu’s Development Strides

By Idibia Gabriel, Kaduna London-based Nigerian businessman and philanthropist, Moses...

Hon. Doguwa raises alarm over alleged attack on opposition by T/Wada LG Chairman

By Our Correspondent The member representing Doguwa/Tudun Wada federal constituency...

NNPP Expels Abdulmumin Jibrin Over Alleged Anti-Party Activities

The political crisis within the New Nigeria People’s Party...

Resident Doctors to Decide on Nationwide Strike as Ultimatum Expires

The Nigerian Association of Resident Doctors (NARD) will today...

Unlocking Africa’s Potential: FGN Strengthens Commitment to AfCFTA at IATF

By Oladosu Adebola Oluwaseun The Honourable Minister of Finance...

Speaker Abbas Moots Africa-Asia Trade, Investment Frameworks at Parliamentary Conference

...presents scorecard on gender inclusion, AI regulation bills, others By...

Insecurity: Enough is Enough – Ex-APC Chieftain Tells Tinubu

By Mike Odiakose, Abuja Obviously piqued by the seeming helplessness...

3.000 athletes jostle for honours at A”Ibom Sports Festival

By Ogenyi Ogenyi At least 3,000 athletes from across the...

FCTA Appoints Sabanti Nathan Acting Head of Service

By Joyce Remi-Babayeju Mrs. Nancy Sabanti Nathan, has been appointed...

Open Manhole: CSO Hails Lagos Govt’s Speedy Response

A civil society organization, Campaign for Dignity in Governance,...

Related Articles

Popular Categories

spot_imgspot_img