Shopping cart

Lagoscityreporters.com is a web-based news and entertainment portal established to deliver cutting edge, incisive and knowledge-driven journalism practicelagoscityreporters.com is mandated to drive this vision through online journalism.

TnewsTnews
  • Home
  • News
  • Cashless Policy: Stage Set For Supreme Court’s Judgment
Featured

Cashless Policy: Stage Set For Supreme Court’s Judgment

288

The stage is now fully set for judgment delivery by the Supreme Court in a suit brought against the Federal Government on the controversial Naira re-design and cashless policy.

Sixteen States of the Federation instituted the suit to challenge the legality or otherwise of the policy.

DAILY POST correspondent noted that the suit spearheaded by Kaduna, Kogi and Zamfara states has been slated as the first case on the cause list for final verdict.

Justice John Inyang Okoro who led a 7-man panel of Justices of the Court had on February 22 fixed today, Friday for the court to make its decision known on the matter.

As of the time of this report, the Supreme Court’s Main room where the judgment is to be handed down, has been filled up by retinue of lawyers involved in the matter and representatives of the states.

Besides that, our correspondent also noted that security has been beefed up both within and outside the court.

All those seeking to access the court room are being frisked by security operatives to prevent security breaches.

Similarly, about 25 Senior Advocates of Nigeria, SANS, representing various parties have arrived at the court.

The sixteen states led by Kaduna, Kogi and Zamfara are praying the apex Court to void and set aside the policy on the ground that it is inflicting hardships on innocent Nigerians

They accused President Muhammadu Buhari of usurping the function of the Central Bank of Nigeria, CBN, in the introduction and implementation of the policy and asked that the directive issued by Buhari be voided.

On its part, the Federal Government challenged the jurisdiction of the Apex Court on the grounds that the CBN was not joined as a party and that the dispute on the policy ought to be directed at the CBN so that the suit can be referred to the Federal High Court.

Comments are closed

Related Posts

NEWS:  Gov. Abba Yusuf Of Kano Dumps NNPP | Reps Minority Caucus Confirms Illegal Alterations In Gazetted Tax Laws, Seeks Deeper Probe | Iran Vows 'All-Out War' As US 'Armada' Heads To Region Amid Rising Tensions | US Sends Massive Naval Force To Iran Amid Rising Tensions | UK PM Keir Starmer Condemns Trump's Remarks On Afghan Troops | Tinubu Approves Posting Of Four Ambassador-Designates | Nigerian Army Trainee Dies During Training In Zaria | Zelenskyy Blasts European Leaders At Davos: 'Europe Looks Lost' As Peace Talks Stall | Indonesian Plane Crash: All 10 Victims Recovered 7 Days After ATR 42-500 Turboprop Went Missing | Man Arrested Over Alleged Sexual Assault Of 12-Year-Old Stepdaughter | US Urges Nigeria To Strengthen Protection For Christians After Kaduna Abduction | Trump Revokes Canada's 'Board of Peace' Invite Amid Diplomatic Row | Makinde, Mutfwang Meet With Tinubu In Aso Rock | Nigerian Govt To Speed Up Trial Of 5,000 Insurgents | Labour Party Crisis: Court Removes Abure, Directs INEC To Recognize Nenadi-Led Exco | Atiku's ADC Presidential Bid Sparks Concerns Of Party Rift | UK's PM Starmer Stands Firm Against Trump's Greenland Demands | Fubara Bolsters APC Position: Rivers State Governor Strengthens Party Ties | Interior Minister Makes Unannounced Inspection Of Nigerian Passport Office |  ARISE News’ Emeka Monye Launches N1m Award for Anambra’s Top WAEC Student Annually | Ahueze Receives N.2 Million “Emeka Monye Scholarship Prize” For Best Graduand, UNN |  lagoscityreporters.com Unveils Online Live Streaming Radio | Ahueze Vivian Isioma Emerges Winner Of The Inaugural Emeka Monye Scholarship Prize For Best Graduating Student, Mass Communication, UNN | SPORTS: Anthony Joshua's Uncle Plea: 'Spare Driver's Jail Time' | CAF Slams Algeria With $100,000 Fine, Suspends Players Over AFCON Brawl With Nigeria | CAF Imposes Sanctions On Algeria Over Post-Match Clash With Nigeria | Osimhen's Indiscipline Blamed for Nigeria's AFCON 2025 Exit: "Talent Is Not A License To Destroy Team Chemistry" - Oliseh | Morocco To Take Legal Action Over Afcon Final Controversy | Nigeria Retains Eric Chelle As Coach Despite AFCON Bronze Finish | ADVERT:  Norahneys, Your one-stop shop for all unisex under wears, lingeries, night wears, children night wears, sports wears and other gift items, 6 Crowther by Calabar Street, Umuahia, Abia State. Call: 08039518552, norahney2612@gmail.com | For News Coverage, Adverts Placement And Other Enquiries, call: +234(0)8063310733