S’Court Adjourns Naira Swap Suit Against FG, Fixes New Date For Judgement

• The Supreme Court has adjourned the Naira swap suit against the Federal Government.

• The court has fixed March 3rd for judgement.

• The federal government’s Naira swap policy is being legally challenged by the state governments of Kaduna, Kogi, Zamfara, and others.

EKO HOT BLOG reports that the Supreme Court has adjourned Judgement on a suit filed by ten states, asking the apex court to restrain the Muhammadu Buhari regime from fully implementing the naira redesign policy.

The court adjourned till March 3rd, after the Presidential Elections.

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Recall that the court had adjourned the suit on the Naira Swap policy to February 22 to allow it to consolidate all cases on the matter emanating from nine more States of the Federation seeking to be joined in the suit.

Nine more states were joined as parties in the suit initially filed by Kaduna, Kogi, and Zamfara State governments challenging the legality of the Naira swap policy of the federal government.

FURTHER READING

• JUST IN: Court Orders Confiscation Of 14 Properties Linked To Kogi Govt

• Naira Redesign: El-Rufai, Yahaya Bello Storm S’Court For Proceedings In Suit Against FG

• Naira Crisis: Wike, Tambuwal, Sanwo-Olu Join Legal Battle Against Buhari, CBN

A seven-member panel, led by Justice John Okoro, the apex court joined the attorneys-general of Katsina, Lagos, Ondo, Ogun, Ekiti, Cross River, and Sokoto States as co-plaintiffs, while the attorneys-general of Edo and Bayelsa States were joined as co-respondents.

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