₦airaland Forum

The Attorney-General of the Federation, Abubakar Malami, has asked the Supreme Court to dismiss a suit filed by three northern state governments challenging the February 10 deadline set by the Central Bank of Nigeria to end the legal tender status of the old naira notes.

The Federal Government argued that the Supreme Court lacked jurisdiction to entertain the suit in a preliminary objection filed by the AGF through his lawyers, Mahmud Magaji and Tijanni Gazali.

Consequently, the Federal Government is asking the apex court to strike out the suit for lack of jurisdiction.

In court filings dated February 8, 2023, the AGF contends that “the plaintiffs have equally not shown reasonable cause of action against the defendant.”

On February 3, the state governments of Kaduna, Kogi and Zamfara, had sued the Federal Government over the naira redesign policy of the CBN.

The states urged the Supreme Court to compel the President, Major General Muhammadu Buhari (retd.), the CBN and commercial banks to rescind the February 10 deadline for the old N200, N500 and N1,000 banknotes as Nigeria’s legal tender.

Ruling on an ex parte request by the plaintiffs, the Supreme Court ordered the Federal Government to halt the implementation of the currency redesign policy pending the determination of the substantive suit.

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JUST IN: Dismiss suit against FG on old naira deadline, AGF tells S’Court
8th February 2023

Malami(1)
Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN)

By
Sharon Osaji
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The Attorney-General of the Federation, Abubakar Malami, has asked the Supreme Court to dismiss a suit filed by three northern state governments challenging the February 10 deadline set by the Central Bank of Nigeria to end the legal tender status of the old naira notes.

The Federal Government argued that the Supreme Court lacked jurisdiction to entertain the suit in a preliminary objection filed by the AGF through his lawyers, Mahmud Magaji and Tijanni Gazali.

Consequently, the Federal Government is asking the apex court to strike out the suit for lack of jurisdiction.

In court filings dated February 8, 2023, the AGF contends that “the plaintiffs have equally not shown reasonable cause of action against the defendant.”

On February 3, the state governments of Kaduna, Kogi and Zamfara, had sued the Federal Government over the naira redesign policy of the CBN.

The states urged the Supreme Court to compel the President, Major General Muhammadu Buhari (retd.), the CBN and commercial banks to rescind the February 10 deadline for the old N200, N500 and N1,000 banknotes as Nigeria’s legal tender.

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Ruling on an ex parte request by the plaintiffs, the Supreme Court ordered the Federal Government to halt the implementation of the currency redesign policy pending the determination of the substantive suit.


However, citing grounds in support of the objection, with reference to Section 251 of the Constitution, the defence lawyers argue that the suit falls within the exclusive jurisdiction of the Federal High Court in matters of monetary policy of an agency of the Federal Government.

“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,” the AGF added.

Source: https://punchng.com/just-in-dismiss-suit-against-fg-on-old-naira-deadline-agf-tells-scourt/?amp

Click like for Aboki Malami SAN

Good response from AGF

This is what I have been saying

Malami is right. I pity those that will not take away their old naira notes

Abi those that will listen to El Rufai

Reserved.

MadeInTokyo:

Hell Rufal go put dem for one chance

Na for his house them go take am

Tunubu used to beat us at home forcing us to call him peter obi- remi

I laugh in swahili
FGN is full out to finish enemies of Nigeria
Battle line is drawn,small bastards feel they reach.

Thee authority being claimed by CBN is derived from the Constitution can only be interpreted by Court. And the Supreme Court being the Apex court in Country its decision is final.

Exclusive list seized the moment rights, well-being and peace of the Nigerian is affected. The Supreme Court has a duty to prevent anarchy and unwarranted civil unrest in the country.

For the Federal Government preliminary objection and any other pleadings can only be heard by the Supreme Court only if the Federal Government obey it's earlier order.

So 10th of February deadline is no more in the picture. FINITO

The jurisdiction of the Supreme Court, as decided by several precedents, cannot interfere in the economic policy of the government.

The Supreme Court should dismiss the matter tonight. Let's see how Ekrufai can create his own legal tender.

This is not true oooooo. Not only the subject matter determines jurisdiction but also the parties. In this case, 3 governors brought the action against the federal government. In matter between state and Federal government, the supreme court has jurisdiction.my opinion though

AGF is definitely one of the cabals, he should better return the Atiku's money he collected. Democracy has won no space for dictators in Nigeria.