Activist-Lawyer Initiates Legal Action Against CBN Governor For Disobeying Supreme Court Order

A Lagos-based activist-lawyer, Tope Alabi, has approached the Federal High Court in Lagos for leave to initiate contempt proceedings against Central Bank of Nigeria (CBN) Governor, Godwin Emefiele for alleged disobedience of the Supreme Court orders on its naira redesign policy.

Alabi made the application via a March 27 ex parte motion in the suit with Emefiele listed as the sole respondent.

Describing the naira swap as a “cash confiscation policy”, he said it had affected the day-to-day running of his office as his staff could not make it to work daily due to the non-availability of physical cash, adding that commercial drivers “do not have point of sale (POS) device/machine to collect fares.”