Friday, October 9, 2026

Cash Policy: Niger govt files suit against Buhari regime, seeks deadline extension

The state government was seeking an extension of the timeframe given by the CBN for the currency swap and withdrawal from circulation of old N200, N500 and N1,000.

• February 11, 2023
Niger Governor Abubakar Sani-Bello Credit Cabale
Abubakar Sani-Bello [Credit: Cable]

The Niger State government has filed a lawsuit against the Federal Government of Nigeria over the naira redesign policy of the Central Bank of Nigeria (CBN) at the Supreme Court.

A statement by Justice Nasara Danmallam, the Attorney General and Commissioner for Justice, in Niger in Minna on Saturday, said the case with suit number SC/CV/210/2023, was filed on February 10, with the Niger State Government as the plaintiff.

The statement said that the state government was seeking for an extension of the timeframe given by the CBN for the currency swap and withdrawal from circulation of old N200, N500 and N1,000 amongst other reliefs.

The statement said the three months given by the federal government for the withdrawal of old currency across the country was not reasonable and in violation of section 13, 14 (2) (b), 17 (1) (c) of the 1999 Constitution as amended.

In the affidavit in support of the originating summons, filed at the Supreme Court, the Niger government contended that the unavailability of the new redesigned notes had caused untold hardships and sufferings on the inhabitants of the state, especially those living in rural dwellers across the state.

The statement expressed the state government’s concern about the inconveniences the redesigned Naira policy had brought on the people, saying that the government would continue everything within its constitutional limit to ameliorate their sufferings.  

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Police officer

States

Police warn youths against blocking Kebbi-Sokoto highway

Mr Usman said the latest blockade disrupted vehicular movement for about three hours.

Africa

U.S. warns citizens travelling to South Africa over crime, terrorism, unrest

The acting national police commissioner said at least 10 vehicles were burnt in Johannesburg and 14 in Durban.

National Board for Technology Incubation

Economy

Nigeria’s $1 trillion economy depends on homegrown innovation, market access: NBTI DG

The DG said sustainable national prosperity cannot be achieved through government expenditure or natural resources alone.

NationWide

NBET begins N729 billion legacy debt payments to GenCos

Mr Odeyemi described the development as a significant milestone in implementing the debt reduction programme.

Africa

Anti-foreigner protests force South Africa to withdraw asylum seekers applications 

The protests erupted over a Constitutional Court ruling easing access to asylum.

Heading 2

2028 Olympics: Super Falcons defeat Comoros 2-0 in first leg

The Nigerian team finally opened the scoring in the 48th minute with a tap-in by Michelle Alozie.