Supreme Court Makes Crucial Decision on New Naira Suit Against FG, CBN


Supreme Court Adjourns Lawsuit Against FG On Old Naira Notes

The suit filed by governors to challenge the Central Bank of Nigeria’s (CBN) re-design of the naira has been postponed until February 22 by the Supreme Court.

Read Also:10 Days to go, INEC Open up on Fresh challenge that May hamper the election

The CBN had originally set January 31 as the deadline for old notes to be in circulation, but due to pressure from Nigerians, it extended the deadline.


However, prior to the February 10 deadline, Kogi, Kaduna, and Zamfara States petitioned the Apex Court to prevent the CBN from enforcing the deadline.


Also Read:Wike fully out, mobilizes massively for APC, as Rivers PDP supporters wears Tinubu’s Logo to welcome him

In a recent hearing of the suit filed by the Governor’s of the affomentioned states, the Supreme Court adjourned the case till February 22.

Meanwhile, banks have stopped collecting the old naira notes in some parts of the country and has again sparked riots in various towns.


See Also:No more bloc votes, Peter Obi has emerged as a major candidate to watch out for in the North — highly placed northerner

Thanks for using our platform to learn about the on Supreme Court Adjourns Lawsuit Against FG On Old Naira Notes

Our WhatsApp Channel




Please enter your comment!
Please enter your name here