Business

Naira policy suit: Supreme Court joins Lagos, Sokoto, 7 others

The Supreme Court has joined eight states as parties in the suit filed by Kaduna, Kogi and Zamfara states.

The Justice John Okoro-led nine-member panel joined the Attorneys General of Katsina, Lagos, Ondo, Ogun, Ekiti, Cross River and Sokoto states as co-plaintiffs.

The Attorneys General of Edo and Bayelsa states were joined as co-respondents.

The states are seeking restraining order against the full implementation of the naira redesign policy especially the swap deadline.

The court ordered the original plaintiffs and the respondent – the Attorney General of the Federation – to amend the processes already filed to reflect the new parties.

READ ALSO: Naira policy: Again, Supreme Court adjourns hearing till Feb 22

At Wednesday, February 15 sitting, the Supreme Court adjourned hearing of the suit to February 22.

Zamfara, Kaduna and Kogi had approached the Supreme Court of Nigeria for reliefs on behalf of their citizens to challenge the February 10 CBN deadline for old naira notes to cease to be legal tender.

The Supreme Court in its ruling on February 8, directed all parties to maintain the status quo and quashed the February10, 2023 deadline till the determination of the case which was adjourned to February 15.

The Star

Editor

Recent Posts

Bago vows probe as Niger holds prayers for 37 miners who died in custody

The Niger State Government has promised to thoroughly investigate the deaths of 37 suspected illegal…

4 hours ago

Presidential campaign council: We don’t need your validation, OK Movement tells NDC

The Obidient-Kwankwaso (OK) Movement says it does not require the personal validation or approval of…

4 hours ago

Troops rescue two kidnap victims, arrest 11 in Plateau

Troops of Operation Enduring Peace have rescued two kidnapped victims and arrested 11 suspected members…

4 hours ago

APC challenges Atiku over proposed petrol subsidy

The All Progressives Congress Presidential Campaign Council has challenged former Vice-President Atiku Abubakar to explain…

5 hours ago

Awujale stool: Ruling house seeks fresh selection, elects new Olori Ebi

The Fusengbuwa/Jadiara Ruling House of Ijebu Ode, Ogun State, has called for a fresh process…

6 hours ago

Man City top EPL after Sunderland thriller as Liverpool beat Bournemouth

Brian Brobbey's hat-trick for Sunderland could not prevent Manchester City opening up a three-point lead…

6 hours ago

This website uses cookies.