3 Powerful Northern States Drag Buhari, CBN to Supreme Court, Give Reason
- Three northern states, Kaduna, Zamfara and Kogi, have dragged the Federal Government to the Supreme Court of Nigeria
- The three state governments are worried about the hardship that their people are going through over the new cash and naira redesign policies
- Through their lawyer, the state governments filed an ex-parte motion urging the court to stop the FG and the CBN from further implementation of the deadline for the old naira notes to stop being legal tender
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FCT, Abuja - President Muhammadu Buhari's naira redesign policy has pitched him against his kinsmen as 3 northern states have dragged him to the supreme court.
The Arewa states are Kaduna, Kogi and Zamfara states and they expressed their worries about the effects of the Central Bank of Nigeria's naira redesign policy while asking the apex court for a restraining order on the full implementation of the policy, Channels Television reported.
Source: Twitter
Why 3 northern states sue Buhari
The states, in an ex-parte motion filed through their lawyer, AbdulHakeem Uthman Mustapha (SAN), asked the court for an interim injunction to stop the Buhari-led federal government either by itself, acting through CBN, commercial banks or its agents from carrying out the plan.
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Thus, the three northern states want the court to stop the government from implementing the February 10 deadline slated date for the old N200, N500 and N1000 denominations to stop being legal tender.
Latest about Muhammadu Buhari, APC, Nasir El-Rufai, Bello Matawale, Yahaya Bello, Naira redesign, naira scarcity
The All Progressives Congress (APC) governors on Friday, February 3, met with the president with a view to persuading him to suspend the new monetary policy.
According to El-Rufai, the governor of Kaduna state disclosed that the president promised to do something about it as soon as possible.
In a later statement by the President, Buhari urged Nigerians to be patient with him and endure the pain for another 7 days.
Naira Scarcity: Knocks on Buhari, Emefiele as Kwankwaso reveals how politicians get cash for campaigns
Legit.ng earlier reported that Rabiu Kwankwaso, the presidential candidate of the NNPP, has said the CBN policy on the new naira note is just to punish the poor Nigerian.
According to the ex-Kano governor, the notion that it will stop politicians from getting money to buy votes is a failed proposition.
The ex-Kano governor said that most of the big-time politicians share that they control in banks, or friends who can help them to mobilise the actual cash they needed for campaigns.
Source: Legit.ng
