LATEST ON NAIRA SWAP SUIT: WHY ABIA STATE CANNOT JOIN CASE– SUPREME COURT

The Supreme Court on Wednesday in Abuja consolidated various suits instituted by 10 states against the Federal Government, challenging the mode of implementation of the naira swap policy of the Central Bank of Nigeria (CBN). The apex court, however, shut out Abia State from joining on the ground of coming late with its originating summons. A motion for the consolidation was argued by Emmanuel Ukala, a Senior Advocate of Nigeria SAN, who is representing Rivers State in the fierce legal battle. Ukala, while moving the motion on notice, premised the…

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