Supreme Court Adjourns Adjourns Suit By Kaduna, Kogi, Zamfara Over Ban On Old Naira

The old Naira notes remains a legal tender until at least Wednesday, 22nd February 2023 after the Supreme Court sitting in Abuja on Wednesday adjourned a hearing in the suit banning the use of the old naira to that date .

Zamfara, Kaduna and Kogi states had filed the suit at the apex court against the Federal Government, seeking a restraining order to stop the full implementation of the naira redesign policy of the Central Bank of Nigeria.

But in a new twist, nine states applied to join the suit.

The states are Katsina, Lagos, Cross River, Ogun, Ekiti, Ondo and Sokoto states bringing the new total of plaintiffs to ten.

On the other hand, Edo and Bayelsa have filed to be joined as respondents.

The 7-man panel led by Justice John Okoro ordered them to amend their processes to be heard as one.

Meanwhile, pending hearing, the old order to suspend the ban of the now older 200, 500 and 1000 naira notes still stands.

The Supreme Court hearing was attended by governors Yahaya Bello of Kogi state and Governor Nasir El-Rufai of Kaduna State, alongside a delegation of Senior Advocates of Nigeria, SAN.

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