Economy
Naira Swap: Supreme Court adjourns hearing till March 3
The Supreme Court has adjourned hearing on the Naira redesign suit to Wednesday, March 3, 2023. The Court, had on February 8, granted interim injunction restraining the Federal Government from implementing the February 10 deadline for swapping the old Naira notes with new ones. The interim injunction was sequel to a suit filed by Zamfara, Kogi and Kaduna state governments against the Attorney-General of the Federation on February. Other states like Lagos, Ondo, Ekiti, Kano, Sokoto, Ogun and Cross River later have joined the suit as co-plaintiffs.
The Supreme Court had adjourned hearing on the suit to February 22 to accommodate other states that had joined the case as co-plaintiffs. The apex court’s decision today extending further hearing on the case to March 3, has also extended the agonies of ordinary Nigerians who had looked up to today, to get some reliefs from the Supreme Court’s final judgment.
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