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Naira redesign: Ogun to join suit against FG

THE Ogun State government has filed an application at the Supreme Court to join other states in a suit against the Federal Government over the naira redesign policy.

In a motion of notice filed on Monday, February 13, the government noted that the naira redesign policy was having adverse effects on economic activities in the state.


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“The implementation of the policy has totally paralyzed and brought to standstill the economic activities of Ogun State and also severely impaired the government’s ability to deliver on its economic agenda to the people.

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“The already existing Plaintiffs and Defendants will not be prejudiced in any way by the grant of this application which had been brought in the interest of justice and right to fair hearing to join the Applicant/Party seeking to be joined as a co-plaintiff. This application is necessary in order to prevent a multiplicity of suits,” parts of the application read.




     

     

    The notice also stated that residents had been frustrated, and the policy had resulted in riots within the state.

    At least seven All Progressives Congress (APC) states, including Kano, Ondo, and Ekiti, have sued the Nigerian government over the naira redesign policy.

    Three governors, including Nasir El Rufai of Kaduna, Yahaya Bello of Kogi and Bello Matawalle of Zamfara, had originally filed the suit against the government, with other state governors joining subsequently.

    On Wednesday, February 8, the Rivers state governor Nyesom Wike said his government would also join the plaintiffs in the suit over the naira redesign policy.

    Ijeoma Opara is a journalist with The ICIR. Reach her via vopara@icirnigeria.org or @ije_le on Twitter.

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