The Supreme Court has resumed proceedings after a break over the naira redesign and swap policy brought against the federal government by some states.

The states are arguing that the implementation of the policy has caused untold hardship for Nigerians.

Recall that the Supreme Court had on February 15, adjourned the hearing on the naira swap deadline fixed by the CBN.

The apex court, at the last proceedings, refused to give fresh orders against the CBN but directed protesting states to amend and streamline their processes into one and come on February 22 ( today) for a hearing.


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.

What are the 3 important things from today’s Supreme Court session over the new naira note:



1. The Supreme Court on Wednesday in Abuja consolidated various suits instituted by 10 states against the Federal Government, challenging the mode of implementation of the newly introduced Cashless Policy regime.

The apex court, however, shut out Abia State from joining on the ground of coming late with its originating summons.

2.
See full details here:


https://opzygist.com.ng/lifestyles/finances/3-important-things-to-note-from-todays-supreme-court-hearing/