The Federal Government was sued over the contentious Naira re-design policy, and the Supreme Court wrapped up the hearing on that case on Wednesday. The court set a decision date of March 3 for that date.
After hearing arguments in support of and against the lawsuit filed by some States of the Federation, Justice John Inyang Okoro set the date.
The states, led by Kaduna, Kogi, and Zamfara, are asking the Supreme Court to nullify and set aside the policy because it is putting innocent Nigerians through hardship.
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The states demanded that President Muhammadu Buhari’s directive be revoked on the grounds that he had usurped the authority of the Central Bank of Nigeria, or CBN.
Abdulhakeem Mustapha, a legal stalwart, presented the case for the states.
Details to come…
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