Naira swap: Supreme Court adjourns hearing till Feb 22

Supreme Court

Today, the Supreme Court premises was jammed to the brim when the case on Naira swap instituted by Zamafara, Kogi and Kaduna States came up.

However, the Apex Court adjourned the case till Wednesday, February 22 for hearing of the consolidated suits by 10 states. In other words, apart from the three states, 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. So also, Edo and Bayelsa State, led by Damian Dodo, had also applied as a respondent.

A bevy of Senior Advocates of Nigeria, other lawyers and the governors of Kaduna and Kogi states, Nasir El-Rufai and Yahaya Bello, respectively were present.

When the case came up last week, the Court temporarily banned the implementation of the February 10 deadline of the CBN from making the old N200, N500 and N1,000 notes legal tender.

Today, Court proceedings began with Justice John Okoro leading a seven-man panel.
He said the court “should not lose sight of the case and its intention as it affects the suffering of Nigerians.”