The Kano State Government has filed a separate lawsuit at the Supreme Court seeking to invalidate the instruction of President Muhammadu Buhari to the CBN to recall the old N200, N500 and N1,000 banknotes without recourse to the Federal Executive Council and National Economic Council.
The Kano State Attorney General, through his Counsel, Sunusi Musa, SAN is also demanding a reversal of the Federal Government policy to recall the old notes from circulation due to the policy affecting the economic well-being of over 20 million Kano citizens.
In the originating summon, the Kano State Government, further prayed for a declaration, that the president’s directive to the CBN for the implementation of cash withdrawal limits policy pursuant to the demonetisation of Federal Republic of Nigeria without recourse to FEC and NEC is unconstitutional, illegal null and void.
The applicant is also praying for a mandatory order reversing the policy of the Federal Government on the recall of the old currency notes for allegedly failure to comply with the provisions of Constituiton and other extant legislation.
Recall that on Wednesday, the Supreme Court gave an interim order to the CBN not to end the use of old naira notes on February 10, 2023 in an ex-parte application by the three applicant states including Kaduna, Kogi and Zamfara.