The Supreme Court has commenced the hearing of the substantive suit on the naira swap policy of the Central Bank of Nigeria.
At the last hearing, the Court had temporarily banned the implementation of the February 10 deadline of the CBN from making the old N200, N500 and N1,000 notes legal tender.
Zamfara, Kogi and Kaduna states had instituted the suit against the Federal Government and the CBN.
Other states, Niger, Kano, Ondo, Ekiti, and ogun have also applied to be joined in the suit against the CBN and the Federal Government.
In a sudden twist, Bayelsa and Edo States have applied to be joined in the suit as a respondent on the side of the federal government
