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Supreme Court Adjourns Judgment on Old Naira Use Till March 3

The Supreme Court on Wednesday adjourned judgement in the new naira policy suit to March 3, 2023.

The court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria and other lawyers.

The Court had temporarily halted the implementation of the CBN’s ban on old N200, N500 and N1,000 notes which was to take effect on February 10.

The 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.

Details later…

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