Supreme Court delivers judgement on naira redesign suit (LIVE UPDATES)

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A seven-member panel of the Supreme Court had on 22 February heard the naira redesign suit and adjourned till today for judgement.

The Supreme Court is set to deliver judgement on the suit filed by some state governments to challenge the federal government’s naira redesign suit today .

A 31January deadline intially set for ending the legal tender status of the old notes was extended to 10 February as the supply of the new notes fell far short of the volume needed by citizens to meet their most basic needs across the country. Unmoved by the court’s order, the CBN insisted that the old notes had stopped being legal tender after the 8 February deadline while the scarcity of the new notes persisted.

The 16 states now on the list of plaintiffs include: the original plaintiffs – Kaduna, Kogi, Zamfara – and the seven that were joined on 15 February – Cross River, Sokoto, Lagos, Ogun, Katsina, Ondo, and Ekiti states.

 

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Misleading headline. Click bait

Useless and already planned Judgement.

When is supreme court giving judgement on this naira palava We are not finding it funny o

What's then the outcome?

You are in court not yet given a verdict

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