x

New Naira Notes: Kogi, Kaduna, Zamfara Govts Sue FG

Concerned with the effects the Central Bank of Nigeria (CBN)’s naira redesign policy is having on the residents of their respective states, the governments of Kaduna, Kogi and Zamfara have dragged the Federal government before the Supreme Court.

The governors are seeking a restraining order to stop the full implementation of the policy which takes effect on February 10.

In a motion ex-parte filed on their behalf by their lawyer, AbdulHakeem Uthman Mustapha (SAN), the three northern states are urging the apex court to grant them an interim injunction stopping the Federal Government either by itself or acting through the CBN, the commercial banks or its agents from carrying out its plan of ending the timeframe within which the now older versions of the 200, 500 and 1000 denominations of the Naira may no longer be legal tender on February 10, 2023.

The governors have been at loggerheads with the CBN over the short notice and the impact of the policy.

The governors met the President last week and he promised to look at the issues within seven days.

Hot this week

Southern Ijaw Stakeholders caution Tompolo over Bayelsa visit

By Our CorrespondentA coalition of stakeholders and youth...

KADMAM Advocates Improved Maternal Health, Declares “No Child Should Die at Birth”

By Achadu Gabriel, KadunaThe Co-chairman of the Kaduna Maternal...

CROSSJOF Felicitates Gov. Bassey Otu at 66

By Joyce Remi-BabayejuThe Cross River State...

Minister Wike and the zone 6 neighbourhood park conversion saga in Abuja (II)

By Tpl. Umar Shuaibu.Deriving its power from the FCT...

The Conflict in Dr Congo and It’s Impacts on the Great Lakes Region

By Babade Victor Temijope The renewed wave of violence...

Gov Alia Dissolves Lobi Stars FC Board, Management to Reposition Club for Better Performance

By Isaac Kertyo, MakurdiBenue State Governor, Rev. Fr. Hyacinth...

INSPIRATION:Building a Reliable Humanity: Where Peace and Growth Reign

With Mary EwaLife will always remain a venture—an unfolding...

MRA announces call for entries for 2026 Goodluck Jonathan FOI Awards

By Achadu Gabriel, KadunaMedia Rights Agenda (MRA) Thursday,...

Over 50 terrorists neutralize, 70 wounded in severe battle with troops

By Achadu Gabriel, KadunaWith renewed vigour and triumph,...

Consumer Protection Commission charges against food adulteration

By Israel Adamu, JosThe Federal Competition and Consumer...

ECOWAS Role in Conflict Management and Resolution of the Malian Crisis

By Abdul Mahmoud YayaleThe protracted crisis in Mali...

Related Articles

Popular Categories

spot_imgspot_img