A lawsuit seeking to prevent the Central Bank of Nigeria (CBN) from effecting the cash withdrawal limit has been adjourned to January 10, 2023, a day after the policy will become effective.
Justice Sylvanus Oriji of a High Court of the Federal Capital Territory in Abuja declined to grant the prayers of 10 applicants who filed the lawsuit on behalf of 20 million unbanked Nigerians.
In the judge’s ruling on Tuesday, but made available to journalists on Thursday, Justice Oriji ordered all the respondents, which includes the CBN and its Governor, Godwin Emefiele, to appear in court.
