NAIRA REDESIGN DEADLINE: SUPREME ADJOURNS SITTING TO FEB 22

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The Supreme Court has adjourned further hearing of the suit filed by three Northern States seeking to stop the implementation of the Naira redesign policy of the Federal Government to February 22, 2023

Kaduna State Governor,  Nasir El-Rufai, his Kogi State counterpart, Yahaya Bello of Kogi State and Bello Matawalle of Zamfara State had dragged the Federal Government to the Supreme Court, seeking a halt to the full implementation of the naira redesign policy initiated by the apex bank.

On February 8, the Supreme Court suspended the Feb. 10 deadline for the swap of old naira notes with new ones given by the Central Bank of Nigeria and fixed hearing for February 15.

Details later…

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