[JUST IN] New Naira: Supreme Court adjourns Kaduna, Kogi, Zamfara’s suit hearing

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The Supreme Court in Abuja adjourned a hearing in the case prohibiting the use of the old naira on Wednesday, February 22nd, 2023.

The three states filed the suit against the Federal Government, seeking a restraining order to prevent the full implementation of the Central Bank of Nigeria’s naira redesign policy.

In a new development, nine states have filed to join the suit originally filed by the states of Kogi, Kaduna, and Zamfara.

The new plaintiffs are from Katsina, Lagos, Cross River, Ogun, Ekiti, Ondo, and Sokoto states, bringing the total number of plaintiffs to ten.

On the other hand, Edo and Bayelsa have filed to be joined as respondents.

The 7-man panel led by Justice John Okoro ordered them to amend their processes to be heard as one.

Meanwhile, pending hearing, the old order to suspend the ban of the now older 200, 500 and 1000 naira notes subsist.