Naira overhaul: Ekiti sues Buhari government and urges S/Court to stop policy implementation

Yomi Ayeleso – Ado-Ekiti

The Ekiti State Government has requested to be joined as a co-plaintiff in an action against the Federal Government in the Supreme Court of Nigeria over the Naira Recast Policy and the time limit set by the Bank Central Bank of Nigeria (CBN) for the exchange of old notes for new ones.

The joinder petition was filed Friday in the Supreme Court by Ekiti State Attorney General and Commissioner for Justice, Dayo Apata, SAN, seeking three remedies.

The lawsuit bearing the number SC/CV/162/2023 has the Attorneys General of Kaduna, Kogi and Zamfara as plaintiffs while the Attorney General of the Federation is the defendant.

The three remedies sought by the Ekiti State Attorney General are; “Leave this honorable Court to join the plaintiffs as co-plaintiffs in this lawsuit,

"An order of this Court joining the Attorney General of Ekiti State as co-plaintiff in this suit, and for such order or further order as this honorable Court may seem proper to make within circumstances of this lawsuit.

“Some of the grounds upon which the request was based include an acute shortage of supply of naira banknotes in the state since the announcement of the policy by the Federal Government through the Central Bank of Nigeria ."

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The claimant claimed that the directive from the Federal Government of Nigeria has affected livelihoods and inflicted excruciating suffering and hardship on all Nigerians, including the citizens of Ekiti.

The state government also said that the directive from the Federal Government of Nigeria "has also had a negative impact on the revenue, levies and taxes accruing to the coffers of the Ekiti State Government, as the economic activities of the state are now completely paralyzed".

He further claimed that the directive of the Federal Government of Nigeria on the overhaul of the Naira has also created palpable anxiety among the citizens of Ekiti.

Another ground on which the claim was based was the fact that "Ekiti is a Federating State of Nigeria and therefore has an interest in determining the writ of summons in the lawsuit previously filed by the three States of the federation."

The state government asserted that having a common interest with the other plaintiffs and also in the outcome of the lawsuit, it sought permission from the court to join as a co-plaintiff in order to 'be bound by the outcome of the lawsuit.

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Naira overhaul: Ekiti sues Buhari government and urges S/Court to stop policy implementation
Yomi Ayeleso – Ado-Ekiti

The Ekiti State Government has requested to be joined as a co-plaintiff in an action against the Federal Government in the Supreme Court of Nigeria over the Naira Recast Policy and the time limit set by the Bank Central Bank of Nigeria (CBN) for the exchange of old notes for new ones.

The joinder petition was filed Friday in the Supreme Court by Ekiti State Attorney General and Commissioner for Justice, Dayo Apata, SAN, seeking three remedies.

The lawsuit bearing the number SC/CV/162/2023 has the Attorneys General of Kaduna, Kogi and Zamfara as plaintiffs while the Attorney General of the Federation is the defendant.

The three remedies sought by the Ekiti State Attorney General are; “Leave this honorable Court to join the plaintiffs as co-plaintiffs in this lawsuit,

"An order of this Court joining the Attorney General of Ekiti State as co-plaintiff in this suit, and for such order or further order as this honorable Court may seem proper to make within circumstances of this lawsuit.

“Some of the grounds upon which the request was based include an acute shortage of supply of naira banknotes in the state since the announcement of the policy by the Federal Government through the Central Bank of Nigeria ."

Related News

The claimant claimed that the directive from the Federal Government of Nigeria has affected livelihoods and inflicted excruciating suffering and hardship on all Nigerians, including the citizens of Ekiti.

The state government also said that the directive from the Federal Government of Nigeria "has also had a negative impact on the revenue, levies and taxes accruing to the coffers of the Ekiti State Government, as the economic activities of the state are now completely paralyzed".

He further claimed that the directive of the Federal Government of Nigeria on the overhaul of the Naira has also created palpable anxiety among the citizens of Ekiti.

Another ground on which the claim was based was the fact that "Ekiti is a Federating State of Nigeria and therefore has an interest in determining the writ of summons in the lawsuit previously filed by the three States of the federation."

The state government asserted that having a common interest with the other plaintiffs and also in the outcome of the lawsuit, it sought permission from the court to join as a co-plaintiff in order to 'be bound by the outcome of the lawsuit.

READ ALSO IN NIGERIAN TRIBUNE

Scout reveals why Arsenal failed to sign Mbappe in 2013

Tags: CBNEkitiSupreme Court

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