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New Naira Policy: Supreme Court Adjourns Case To March 3



The Supreme Court has fixed the judgement in the new naira policy suit to March 3, 2023.

Justice John Inyang Okoro fixed the date on Wednesday after taking arguments for and against the suit by some States of the Federation.

The Supreme Court had on February 8 restrained the Federal Government from implementing the February 10 deadline for swapping the old naira notes with new ones, but the Central Bank of Nigeria refused to shift the deadline.

The injunction was sequel to a suit filed by Zamfara, Kogi and Kaduna state governments against the Attorney-General of the Federation on February 3.

Other states including Lagos, Ondo, Ekiti, Kano, Sokoto, Ogun and Cross River have also joined the suit as co-plaintiffs.

Details later…

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