The Supreme Court has adjourned the hearing in a suit filed against the federal government seeking a restraining order to stop the full implementation of the naira redesign cashless policy of the Central Bank of Nigeria (CBN) until February 22.
Recall Kaduna, Kogi, and Zamfara filed the suit at the apex Court amid cash scarcity in the country.
In its ruling today 15th February, the apex court adjourned the hearing to Wednesday, February 22, 2023, following the agreement of the parties in the matter.
Meanwhile, in a dramatic twist, Edo and Bayelsa have also joined the Federal Government in the suit by some States against the Federal Government on the implementation of the Cashless Policy of the Central Bank of Nigeria (CBN).
Edo represented by a Senior Advocate of Nigeria (SAN) told a panel of seven Justices of the Apex Court that it was in support of the Cashless Policy Regime and sought to be joined as a respondent.
Bayelsa followed the suit when through its counsel, Mr. Damian Dodo (SAN) announced support for the Federal Government and applied to be joined as a respondent in the matter.
However, seven other states, Katsina, Lagos, Cross River, Ogun, Ekiti, Ondo, and Sokoto joined their counterparts, Kaduna, Kogi, and Zamfara in the legal battle against the Federal Government.
Their joinder motion was moved by Mr. Samuel Ologunorisa (SAN) and was granted by Justice John Okoro who presided over the matter.
The Court directed the plaintiffs to amend their originating summons to reflect the name of the seven fresh plaintiffs.
In the same vein, Bayelsa and Edo through their counsel, Damian Dodo (SAN) moved their application for joinder as respondents and was granted by the court following a no objection on the issue.
Justice Okoro also directed the Federal Government, Edo, and Bayelsa to amend their statements of defense to reflect the new position of the case.
In another drama, River has filed a separate suit against the Federal Government on the same matter.
Rivers through its counsel, Emmanuel Ukala (SAN) stood its ground to team up with other states adding that it would prefer to do its case separately.