FG asks supreme court to dismiss suit challenging deadline for old naira notes

FG asks supreme court to dismiss suit challenging deadline for old naira notes

THE CABLE

The federal government has asked the supreme court to dismiss a suit filed by three states challenging the February 10 deadline set by the Central Bank of Nigeria (CBN) to end the use of old naira notes.

In a preliminary objection filed on Wednesday through his lawyers, Mahmud Magaji and Tijanni Gazali, the attorney-general of the federation (AGF) argued that the supreme court lacks the jurisdiction to entertain the matter.

The AGF contended that “the plaintiffs have equally not shown reasonable cause of action against the defendant”.

Earlier on Wednesday, a seven-member panel of the apex court led by John Okoro gave a temporary ruling in favour of a suit filed by Kaduna, Kogi, and Zamfara seeking to restrain the federal government from implementing the February 10 deadline for the use of the old naira notes…

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FG asks supreme court to dismiss suit challenging deadline for old naira notes

 

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