Today, the Supreme Court will deliver judgment in the suit by 16 states challenging the federal government’s naira redesign and swap policy.Information Guide Nigeria
Recall that on February 22, a seven-member panel of justices presided by Justice Inyang Okoro had adjourned the case to March 3.
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This was after consolidating the suits filed by the various states and taking arguments in the matter.
The 16 states, whose suits were consolidated as co-plaintiffs alongside Kaduna, Kogi and Zamfara are arguing that the old naira notes of N200, N500, and N1000 must remain legal tenders pending the determination of the substantive suit, DAILY TRUST reports.NYSC Portal
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Katsina, Lagos, Ondo, Ogun, Ekiti, Cross River, Sokoto, Jigawa, Rivers, Kano, Niger, Nasarawa, and Abia states are among the states in the league.JAMB ResultAS reported by DAILY TRUST, Bayelsa and Edo states filed as co-defendants in support of the federal government’s monetary policy and objection against the jurisdiction of the apex court to hear the suits.
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