The Nigerian government has challenged the exparte application granted by the Supreme Court stopping the implementation of the naira swap policy.

The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN) in the federal government’s filings

He asked the Supreme Court to dismiss a suit filed by three northern state governments challenging the February 10 deadline set by the Central Bank of Nigeria to end the legal tender status of the old naira notes.

The Federal Government argued that the Supreme Court lacked jurisdiction to entertain the suit in a preliminary objection filed by the AGF through his lawyers, Mahmud Magaji and Tijanni Gazali.

Consequently, the Federal Government is asking the apex court to strike out the suit for lack of jurisdiction.

In court filings dated February 8, 2023, the AGF contends that “the plaintiffs have equally not shown the reasonable cause of action against the defendant.”