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Supreme Court fixes March 3 for judgment on cashless policy suit

The Supreme Court on Wednesday concluded hearing in the suit brought against the Federal Government on the controversial Naira re-design policy and fixed March 3 to give judgment.

Justice John Inyang Okoro fixed the date after taking arguments for and against the suit by some States of the Federation.

The states led by Kaduna, Kogi and Zamfara are praying the Apex Court to void and set aside the policy on the ground that it is inflicting hardships on innocent Nigerians.

The states accused Buhari of usurping the function of the Central Bank of Nigeria, CBN, and asked that the directive issued by President Muhammadu Buhari be voided. Legal luminary, Abdulhakeem Mustapha presented the case of the states.

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Mimico
1 year ago

REMINDER:

If you are still with the old naira notes (#500 & #1000) kindly deposit them at Elrufai community bank.

I will not be surprise if after the election they will pass their verdict and allow the use of old naira note.

Buhari gave them last minute shocker 😂😂

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