Labaran YauNEWS

Supreme Court To Hear Lawsuit on Naira Redesign Today

On Wednesday 22 February, the Supreme Court upheld its decision that the new naira lawsuit must proceed with a hearing. This ruling affirms the court’s previous position on the matter and signals that the case will continue to move forward.

The new naira lawsuit is a highly significant case that has drawn widespread attention from legal experts, economists, and the public at large. The lawsuit revolves around the introduction of a new currency by the Nigerian government and the legality of this action under the country’s constitution.

The Supreme Court’s decision to proceed with the hearing of this case is a major development, as it will provide a forum for both sides to present their arguments and evidence. The court’s decision also underscores the importance of the judiciary in upholding the rule of law and ensuring that government actions are in accordance with constitutional principles.

Supreme Court Wednesday’s proceeding,

Counsel for Lagos State, Moyosore Onigbanjo, prayed the court to prohibit the Attorney General of the Federation, Abubakar Malami, from defending the respondents while acting in contempt of initial court orders as he “comes tongue in cheek to ask for reliefs”.

He stated that the “issue of contempt, supersedes issue of jurisdiction”.

Responding to the statement Justice John Okoro, said,

“you are not a stranger to this country.

We don’t want a situation where the judiciary will be a scapegoat. We refuse to be the scapegoat”.

“We are hearing this matter today. We don’t intend to keep this matter longer… whether they obey it or not”.

Following, a series of declarations signaling late receipts of court servings, the court granted a short break.

Details later…


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