The Supreme Court has received a complaint from the Niger Government accusing the Federal Government of violating the Central Bank of Nigeria’s (CBN) naira redesign policy.
In a statement released on Saturday, Justice Nasara Danmallam, the Attorney General and Commissioner for Justice in Niger, said that the Niger State Government was named as the plaintiff in the lawsuit with suit number SC/CV/210/2023, which was filed on February 10.
According to the statement, the state government was requesting, among other reliefs, an extension of the CBN’s deadline for the currency swap and the removal of the old N200, N500, and N1,000 from circulation.
The statement said the three months given by the Federal government for the withdrawal of old currency across the country was not reasonable and in violation of section 13, 14 (2) (b), 17 (1) (c) of the 1999 Constitution as amended.
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In the affidavit in support of the originating summons, filed at the Supreme Court, the Niger Government contended that the unavailability of the new redesigned notes had caused untold hardships and sufferings on the inhabitants of the state, especially those living in rural dwellers across the state.
The statement expressed the state government’s concerne about the inconveniences the redesigned Naira policy had brought on the people, saying that government would continue everything within its constitutional limit to ameliorate their sufferings.
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