Supreme Court Hears Case On CBN’s Naira Swap Policy
Finance News

Supreme Court Hears Case On CBN’s Naira Swap Policy

The Supreme Court had temporarily banned the implementation of the February 10 deadline of the CBN making the old N200, N500, and N1,000 notes legal tender.Information Guide Nigeria

At the last hearing, the Zamfara, Kogi, and Kaduna states had instituted the suit against the Federal Government and the CBN.

CHANNELS reports that Kano, Ondo, Niger, and Ekiti States have also applied to be joined in the suit against the CBN and the Federal Government.

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Leading a seven-man panel, Justice John Okoro who began the court proceeding said the court should not lose sight of the case and its intention as it causes hardship to Nigerians.NYSC portal

According to the CHANNELS, Lagos State Government, through its Attorney General, Moyosore Onigbanjo is also seeking to be joined in the suit.

Bayelsa State, led by Damian Dodo and Edo State has also applied to be joined in the suit.JAMB Result

 

 

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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