BREAKING NEWS: We’ll hear new naira suit, Supreme Court insists

The Supreme Court on Wednesday maintained that come what may, the new naira suit must be heard.

During Wednesday’s proceeding, counsel for Lagos State, Moyosore Onigbanjo, prayed the court to prohibit the Attorney General of the Federation, Abubakar Malami, from defending the respondents while acting in contempt of initial court orders as he “comes tongue in cheek to ask for reliefs”. 

He stated that the “issue of contempt, supersedes issue of jurisdiction”.

Responding, Justice John Okoro, said, “you are not a stranger to this country.
We don’t want a situation where the judiciary will be a scapegoat. We refuse to be the scapegoat”.

“We are hearing this matter today. We don’t intend to keep this matter longer… whether they obey it or not”.

Following, a series of declarations signaling late receipts of court servings, the court granted a short break.

The PUNCH reports that Nigerians, especially consumer and business groups as well as professional and trade unions are looking up to the apex court for a favorable judgment (today) that they expect will ameliorate their suffering.

The Supreme Court had on February 8 restrained the Federal Government from implementing the February 10 deadline for swapping the old naira notes with new ones, but the Central Bank of Nigeria refused to shift the deadline.

The injunction was sequel to a suit filed by Zamfara, Kogi and Kaduna state governments against the Attorney-General of the Federation on February 3.

Other states including Lagos, Ondo, Ekiti, Kano, Sokoto, Ogun and Cross River have also joined the suit as co-plaintiffs.