Supreme Court Sets March 3rd For Judgement On Old Naira Notes Validity

Supreme Court has fixed the 3rd of next month, for judgement in the suit filed by three states against the federal government over the naira swap policy.

Justice Inyang Okoro of the court fixed the date after taking arguments from counsels in the matter.

The government of Kaduna, Kogi and Zamfara states dragged the Attorney-General of the federation and the Central Bank of Nigeria, CBN, before the apex court over the policy.

Also, during the proceedings, the court said it will resist being used as a scapegoat due to the old naira notes case brought before.

The apex court was reacting to a plea from the Attorney General of Lagos State, Moyosore Onigbanjo, against the Attorney General of the Federation, Abubakar Malami.

Onigbanjo accused Malami of acting in contempt of initial court orders, thereby, asking Justice Inyang Okoro to prohibit the Attorney General of the Federation from representing the Federal Government that was sued by 10 state governments over the handling of the deadline to phase out the old Naira notes.