The Supreme Court on Wednesday adjourned a case instituted by the state governments against the Federal Government challenging the implementation of the naira redesign.
The apex court adjourned the case to March 3 for judgement.
Earlier, the apex court consolidated the suits instituted by over 12 state governments.
At the last hearing on February 15, seven states joined the three initial states as co-plaintiffs, while Edo and Bayelsa states joined the Federal Government as co-defendants. The court, however, refused to join Abia State in the suit on the ground that it came late with its originating summons.
All efforts by Abia State Government to be joined in the suit, was turned down and was ordered to present its case at a later date.
A motion for the consolidation was also argued by the Counsel for Rivers State, Emmanuel Ukala.
Moving the motion on notice, Ukala premised the consolidation request on the need for the suit to be heard without any hinderance since the matter bothers on same issue.
The head of the 7-man panel, Justice John Okoro, granted the request and ordered consolidation of the ten suits into one.
Now, the plaintiffs in the suit are the Attorneys General (AGs) of Kaduna, Kogi, Zamfara, Ondo, Ekiti, Katsina, Ogun, Cross River, Sokoto, and Lagos states while the defendants are the Attorney General of the Federation, Abubakar Malami (SAN), as well as the AGs of Bayelsa and Edo states.
Commencing arguments, counsel for the Federal Government, Kanu Agabi, said the Supreme Court held that all reliefs are rooted in section 20 of the CBN Act, therefore, the apex court has no jurisdiction to hear the suit as the action cannot commence with an Originating Summons.
He wondered why the plaintiffs did not bring the CBN governor to court as a respondent, after making reference to him 32 times in their Originating Summons.
He said the reliefs are against the CBN, yet they didn’t deem it fit to bring the CBN into the matter. He added that Nigerians had already began rejecting the old notes way before the President’s directive. He insisted that the President is not in violation of the Supreme Court order as under the constitution, the President is empowered to veto any legislation.
Counsels for Edo and Bayelsa States, also agree that the suit be dismissed for lack of jurisdiction.
The counsel for Rivers urged the court to grant all the reliefs sought therein
Counsel to the AGF, also urges the court to dismiss the suit entirely.
Also, the Attorney General of Kano State, who is a co-plaintiff, argued that President Muhammadu Buhari sidelined members of the National Economic Council and only relied on the advice of the CBN governor in the implementation of the monetisation policy.
He added that the President decided to exercise his powers without consulting with the state governments as required by the law.
He further said that they have security report that there will be breach of law and order if nothing is done to address the issue of cash scarcity. He added that the Kano State Governor, Abdullahi Ganduje is a member of the council and he told him that the issue was never discussed at the NEC meeting.
Rather, the President relied only on one member of the council, and the CBN governor ignored the finance minister and the vice president who is the chairman of the council.
The Justice pointed out that the President can direct that the old 200 naira notes be brought back as a legal tender, then he is under the jurisdiction of the Supreme Court.
Also, the Attorney General of Jigawa stated that Section 148 of the constitution, compelled the President to seek the advice of the Jigawa State governor as a federating unit but the President did not do so in the Federal Government implementation of the redesign policy.
Source: channelstv
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Right now it seems like Expression Engine is the top blogging platform available right now. (from what I’ve read) Is that what you’re using on your blog?
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Can I simply say what a relief to discover someone who really understands what they are talking about online. You definitely realize how to bring an issue to light and make it important. A lot more people ought to check this out and understand this side of the story. I can’t believe you are not more popular given that you surely possess the gift.
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Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
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Currently it appears like Expression Engine is the preferred blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
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Wow that was unusual. I just wrote an incredibly long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyways, just wanted to say excellent blog!
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Aw, this was an incredibly nice post. Taking a few minutes and actual effort to make a really good article… but what can I say… I procrastinate a whole lot and don’t manage to get nearly anything done.
Right now it appears like WordPress is the preferred blogging platform available right now. (from what I’ve read) Is that what you’re using on your blog?
Right now it seems like Expression Engine is the top blogging platform available right now. (from what I’ve read) Is that what you are using on your blog?
Can I just say what a comfort to discover someone who actually understands what they’re talking about on the net. You actually realize how to bring a problem to light and make it important. More people need to look at this and understand this side of the story. I was surprised that you’re not more popular because you certainly have the gift.
Aw, this was an extremely good post. Spending some time and actual effort to make a very good article… but what can I say… I hesitate a lot and never manage to get anything done.
May I simply say what a relief to uncover somebody that actually knows what they are talking about on the net. You definitely realize how to bring an issue to light and make it important. A lot more people really need to check this out and understand this side of your story. I was surprised you’re not more popular given that you most certainly possess the gift.
Right now it seems like Expression Engine is the preferred blogging platform available right now. (from what I’ve read) Is that what you are using on your blog?
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
Aw, this was an extremely nice post. Taking a few minutes and actual effort to produce a good article… but what can I say… I hesitate a lot and never manage to get anything done.
Wow that was strange. I just wrote an very long comment but after I clicked submit my comment didn’t appear. Grrrr… well I’m not writing all that over again. Regardless, just wanted to say wonderful blog!
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Currently it looks like Movable Type is the preferred blogging platform available right now. (from what I’ve read) Is that what you are using on your blog?
Currently it looks like Expression Engine is the best blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?
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