Supreme court of Nigeria has adjourned the hearing on the suit by three State Governments against the Federal Government over the implementation of the Naira redesign policy of the Central Bank of Nigeria (CBN).
Gatekeepers News reports that the case was adjourned to Wednesday, February 22.
Three State Governments; Zamfara, Kogi and Kaduna States, had initially filed the suit against the Federal Government seeking a restraining order to stop full implementation of the naira redesign policy of the Central Bank of Nigeria.
On a new development, the states have been joined by Katsina, Lagos, Cross River, Ogun, Ekiti, Ondo and Sokoto States, bringing the new total of plaintiffs to ten.
While Edo and Bayelsa States have filed to be joined as respondents.
The seven-man panel led by Justice John Okoro ordered them to amend their processes to be heard as one.
Gatekeepers News reports that pending the hearing, the old order to suspend the ban of the now older 200, 500 and 1000 naira notes subsists.
This is a developing story…
