In the face of uncertainty that rented the air today, the Supreme Court has, for the second time, on Wednesday, adjourned its judgement on the suit between the state and federal governments over the controversial naira redesign policy to a later date; March 3.
A seven-man panel of the apex court set the matter for judgement on the said date after all the parties adopted their briefs of arguments.
Recall that the apex court had on February 8 prevented the Federal Government from implementing the February 10 deadline for exchanging the old naira notes for new ones. An order that was flouted by the CBN, with the Federal government’s backing.
Though only three northern states- Kaduna, Kogi and Zamfara- initially approached the Supreme Court to challenge FG’s decision, other states subsequently persuaded the Justice Inyang Okoro-led panel to join them as interested parties in the matter.
The states the court joined as parties in the suit were: Lagos, Cross River, Ogun, Ekiti, Ondo, Sokoto, Abia, Jigawa, Kano, Rivers and home state Muhammadu Buhari’s homestate, Katsina.
All the suits the apex court consolidated and heard on Wednesday were marked: SC/CV/162/23, SC/CV/162/23, SC/CS/197/23, SC/CV/200/23, SC/CV/210, SC/CV/227, SC/CV/229/23 and SC/CV/222/23.
Nigerians, especially hapless citizens who look forward to a favorable judgment from the apex court will have to wait till the new date to know their fate.
