The Supreme Court of Nigeria has adjourned the case filed by 10 state governments on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for hearing. The apex court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria, other lawyers and the governors of Kaduna and Kogi states, Nasir El-Rufai and Yahaya Bello, respectively.
February 15, 2023At the last hearing, the Court had temporarily banned the implementation of the February 10 deadline of the CBN from making the old N200, N500 and N1,000 notes legal tender.
The apex court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria, other lawyers and the governors of Kaduna and Kogi states, Nasir El-Rufai and Yahaya Bello, respectively. The Zamfara, Kogi and Kaduna states had instituted the suit against the Federal Government and the CBN.
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