The Attorney-General of the Federation (AGF), Abubakar Malami, has filed a preliminary objection against a suit challenging the policy of the Central Bank of Nigeria regarding the usage of the old naira notes at the Supreme Court.
The apex court had earlier granted an exparte motion filed by the governments of Kaduna, Kogi and Zamfara states seeking “an interim Injunction restraining the federal government through the Central Bank of Nigeria (CBN) or the commercial banks from suspending or determining or ending on February 10, 2023, the time frame with which the now older version of the 200, 500 and 1,000 denomination of the naira may no longer be legal tender pending the hearing and determination of their motion on notice for an interlocutory injunction”.
