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Naira redesign: El-Rufai, Yahaya Bello in Supreme Court to monitor proceedings

Kaduna State Governor, Ahmed Nasir El-Rufai and his Kogi State counterpart, Yahaya Bello have arrived the Supreme Court complex to monitor proceedings in a suit by their states against the Federal Government over the cashless policy of the Central Bank of Nigeria (CBN).

The two governors arrived the court room in company of their followers and top government functionaries.

The court is hearing the arguments of the Federal Government in the suits filed against them by the governments of Kaduna, Kogi and Zamfara, challenging the implementation of the cashless policy introduced by the apex bank.

As of the time of filing this report, more than 100 Senior Advocates of Nigeria (SAN) engaged by the Federal Government and the aggrieved three states have also arrived the court to present the case of their respective clients.

Other state governments have teamed up with the three states in the legal battle.

A seven-member panel of Justices of the apex court, led by Justice John Okoro, had on February 8 stopped the the Federal Government from implementing the February 10 deadline, in a ruling in an ex-parte application brought by three northern states.

Details later…

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