JUST IN: Supreme Court adjourns ruling on naira redesign till after presidential election

JUST IN: Supreme Court adjourns ruling on naira redesign till after presidential election


The Supreme Court on Wednesday fixed 3 March for judgement in a suit filed by some state governments challenging the federal government’s naira redesign policy.

“All the suits adjourned until 3 March for judgement,” the presiding justice of the Supreme Court, John Okoro, said.

The Supreme Court adjourned the suit for judgement after hearing arguments for and against it on Wednesday.

The date of judgement is about a week after Nigeria’s presidential election which holds Saturday (25 February), and a week ahead of state elections scheduled to come up on 11 March.

PREMIUM TIMES ran a live update of the court’s proceedings.

Earlier in the proceedings, the seven-member panel of the court consolidated the separate suits filed by Abia and River states to challenge the federal government’s policy.

It was the first sitting of the Supreme Court on the matter after President Muhammadu Buhari violated the court’s 8 February order for continued use of the old N200,…

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