Governors Make a Move To Delay Supreme Court Reversal Of The Currency Swap Until After The Election.
Ondo, Kano, and Ekiti states have joined the lawsuit that Kaduna, Kogi, and Zamfara states originally filed, and Rivers state has indicated its readiness to do the same.
The sources emphasized that the state governors who were joining the Supreme Court lawsuit intended to postpone the decision and keep the old money in circulation until after the election.
The CBN’s deadline to stop using outdated currency notes had been postponed by the Supreme Court, But the apex court prevented the CBN from outlawing the old notes while the issue was being heard and decided, deciding in an ex-parte motion by three states, Zamfara, Kogi, and Kaduna.
Additionally, the Ekiti State Government filed a request to join as a co-plaintiff in the Supreme Court lawsuit brought against the federal government over the redesign of the CBN’s currency.
In the meantime, the Catholic Bishops Conference of Nigeria (CBCN) has urged Nigerians to reject the questionable practice of vote buying ahead of the presidential election on February 25, 2023.