• Contact Us
  • About Us
Saturday, June 6, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Breaking

Malami Asks Supreme Court To Dismiss Naira Redesign Suit, Says Case Outside Original Jurisdiction Of Court

metro by metro
February 9, 2023
in Breaking, News
0
Malami Asks Supreme Court To Dismiss Naira Redesign Suit, Says Case Outside Original Jurisdiction Of Court
0
SHARES
0
VIEWS

 

Nigeria’s Minister for Justice and Attorney-General of the Federation (AGF), Abubakar Malami has  asked the Supreme Court of the federal republic of Nigeria to dismiss a suit by 3 states, Kaduna, Zamfara, and Kogi States over the lingering scarcity of both old and new Naira notes, occassioned by the naira redesign policy of the Central Bank of Nigeria (CBN).

The Supreme Court had on Wednesday temporarily halted any plans to ban the use of the old naira notes across the country.

Read Also

Six Burnt To Death In Adamawa Auto Accident

US House votes for measure that would end Iran war, in blow to Trump

US Cuts Visa Processing Centres In Africa, Retains Lagos Embassy,  Excludes Abuja Office 

The ruling was issued on Wednesday morning by a seven-member panel led by Justice John Okoro, halting an exparte application brought by three northern states of Kaduna, Kogi and Zamfara.

Justice Okoro also adjourned the matter until February 15 for a hearing of the main suit.

But, according to Malami the plaintiffs have not shown the reasonable cause of action against the defendant, in court filings dated February 8, 2023, which was reported by Channels TV on Wednesday evening.
The report stated that the preliminary objection was filed by the AGF through his lawyers – Mahmud Magaji and Tijanni Gazali, adding that the Supreme Court lacks jurisdiction for such monetary matters, he said:
ALSO READ:Naira Notes: CSOs Ask CJN To Vacate Supreme Court Order As Tinubu Hails Judgement 
“The plaintiffs have equally not shown the reasonable cause of action against the defendant”
“The claims or reliefs are not against the federation, but the Federal Government and its Agency, the Central Bank of Nigeria.
“The Federal Government of Nigeria is distinct from the Federation or the Federal Republic of Nigeria. The Plaintiffs have no grievance whatsoever against the Federation of Nigeria.
“This suit has disclosed no dispute that invokes this (Supreme) Court’s original jurisdiction as constitutionally defined.”
Previous Post

Sterling Bank  ‘Denies’ Allegations Of Cash Hoarding By ICPC

Next Post

FG: Why Supreme Court Should Strike out Suit against Naira Redesign

Related Posts

Six Burnt To Death In Adamawa Auto Accident
News

Six Burnt To Death In Adamawa Auto Accident

June 4, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

US House votes for measure that would end Iran war, in blow to Trump

June 4, 2026
China, US Debt Woes May Dominate G7 Finance Chiefs’ Talks
News

US Cuts Visa Processing Centres In Africa, Retains Lagos Embassy,  Excludes Abuja Office 

June 2, 2026
Trump
News

Trump’s ‘Weaponization’ Fund Puts On Hold After Fierce Opposition From Congress

June 2, 2026
Next Post
Naira Notes: CSOs Ask CJN To Vacate Supreme Court Order As Tinubu Hails Judgement 

FG: Why Supreme Court Should Strike out Suit against Naira Redesign

WHO and China Strengthen Health Cooperation in Cabo Verde

June 4, 2026
Abbey Transitions To Commercial Bank Amid Calls For More Affordable Housing

Abbey Transitions To Commercial Bank Amid Calls For More Affordable Housing

June 4, 2026
Poland Score Late To Force Draw Against Nigeria In Friendly Match

Poland Score Late To Force Draw Against Nigeria In Friendly Match

June 4, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version