Supreme Court adjourns suit on naira crisis
By Abimbola Mohammed
The Supreme Court has adjourned judgement in the new naira policy suit to March 3, 2023.
The court, which heard the case on today, was filled to capacity with a retinue of Senior Advocates of Nigeria and other lawyers.
The date of judgement is about a week after Nigeria’s presidential election which will be held on Saturday (25 February), and a week ahead of state elections scheduled to come up on 11 March.
John Okoro, the presiding justice of the Supreme Court, said: “All the suits adjourned until 3 March for judgement.”
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.
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.
It would be recalled that the CBN’s ban on old N200, N500 and N1,000 notes began to take effect on February 10.
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