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Emefiele sued for ignoring court orders on Naira redesign

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Tope Alabi, an activist-lawyer in Lagos, has filed a motion at the Federal High Court in Lagos seeking permission to initiate contempt proceedings against the Governor of the Central Bank of Nigeria, Godwin Emefiele.

Alabi alleged that Emefiele disobeyed the Supreme Court orders on its naira redesign policy, which has affected the day-to-day running of his office and caused inconvenience to his staff and other members of the public.

Alabi stated that the Supreme Court had ordered Emefiele to allow old naira notes to coexist as legal tender with the new notes until December 2023, but Emefiele has failed to comply with the order.

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Written by
Adekunle Owolabi

Adekunle Owolabi is a journalist, political analyst, and digital strategist with experience across Africa and the Middle East. He focuses on international diplomacy, promotes digital inclusion, and advocates for a borderless Africa.

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