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Naira crisis: Await our decision, S’Court tells states seeking to join suit

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The Supreme Court, on Wednesday, shut its door to more states seeking to be joined as interested parties in the suit challenging the decision of the Federal Government to ban the use of the old N200, N500 and N1000 banknotes as valid legal tenders.

A seven-man panel of Justices of the apex court, in a unanimous decision, asked all the states interested in the matter to await its decision in the suit that was originally filed by three northern states- Kaduna, Kogi and Zamfara.

The panel headed by Justice Inyang Okoro took the decision after it rejected a joinder application that was filed by Abia State.

It proceeded to consolidate the different suit that was filed by Rivers State, with all the pending cases challenging the Naira swap policy that FG introduced through the Central Bank of Nigeria, CBN.

All the suits the apex court consolidated for hearing on Wednesday, were marked: SC/CV/162/23, SC/CV/162/23, SC/CS/197/23, SC/CV/200/23, SC/CV/210, SC/CV/227, SC/CV/229/23 and SC/CV/222/23.

It will be recalled that the court had earlier joined seven states- Lagos, Cross River, Ogun, Ekiti, Ondo, Sokoto and President Muhammadu Buhari’s homestate, Katsina, as parties to the suit that was filed by the three northern states.

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Though only the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, was initially cited as the sole defendant in the matter, the apex court okayed requests by Edo and Bayelsa states to be allowed to join the suit to support FG as co-plaintiffs.

Rivers, Kano, Jigawa and Nasarawa states had maintained that there own case was different, stressing that their grouse was not only with the Naira swap policy, but also with the cash withdrawal limits the CBN allowed for corporate entities and individuals, respectively.

While consolidating all the cases, the Supreme Court noted that the issue in dispute resolves around Section 20(3) of the CBN Act.

It held that there was no need for more states to apply for permission to join the legal fireworks.

“We will no longer join any state in this matter. When we give our decision, whoever that is dissatisfied can file a fresh suit. There is still time”, the apex court held.

It will be recalled that the apex court had on February 8, issued an interim order that restrained FG from implementing its February 10 deadline for the use of the redesigned Naira notes as legal tenders.

However, despite the order of the ex-parte order by apex court, the CBN had since invalidated the old N500 and N1000 banknotes, even as President Buhari, in a nationwide broadcast he made on February 16, okayed the N200 note to remain a legal tender till April 10.

Specifically, the states, in their consolidated suit, are among other things, seeking a declaration that the Demonetization Policy of the Federation being currently carried out by the CBN under the directive of the President of the Federal Republic of Nigeria, is not in compliance with the extant provisions of the Constitution of the Federal Republic of Nigeria 1999 (as amended), Central Bank of Nigeria Act, 2007 and actual laws on the subject.

They applied for, “A declaration that the three-month notice given by the Federal Government of Nigeria through the CBN under the directive of the President of the Federal Republic of Nigeria, the expiration of which will render the old banknotes inadmissible as legal tender, is in gross violation of the provisions of Section 20(3) of the Central Bank of Nigeria Act 2007 which specifies that Reasonable Notice must be given before such a policy”.

As well as, “A declaration that given the express provisions of Section 20(3) of the Central Bank of Nigeria Act 2007, the Federal Government of Nigeria, through the CBN, has no powers to issue a timeline for the acceptance and redeeming of banknotes issued by the Bank, except as limited by Section 22(1) of the CBN Act 2007. The Central Bank shall at all times redeem its bank notes”.

Besides, the states urged the apex court to direct the immediate suspension of the demonetisation of the Federal Government of Nigeria through the CBN under the directive of the President of the Federal Republic of Nigeria until it complied with the relevant provisions of the law.

The plaintiffs told the apex court that since the CBN announced the new naira policy, there has been an acute shortage in the supply of the new naira notes in their respective states.

They decried that residents in their states who complied with CBN’s directive and deposited their old naira notes have increasingly found it difficult to access new naira notes to conduct their daily businesses.

They maintained that the inadequacy of the new naira notes as well as the haphazard manner the monetary policy was being implemented, has wrought serious hardship on residents in their states, stressing that the 10-day extension of the deadline would not be sufficient to address the challenges occasioned by the policy.

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Troops foil mass abduction attempt, rescue nine civilians

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Troops of Joint Task Force North West Operation FANSAN YAMMA (JTF NW OPFY) foiled an attempted mass abduction by terrorists in Unguwar Rogo Village, Kaura Namoda Local Government Area of Zamfara State, rescuing nine civilians, including an infant.

The incident occurred on 16 August 2026, when troops received a distress call that terrorists, believed to be led by suspected kingpin Mallam Shuaibu, had infiltrated the community and attacked civilians travelling along a local route.

Preliminary intelligence indicates that the attack may have been carried out in reprisal for the recent arrest of suspected collaborators linked to the terrorist network. The suspects had earlier been intercepted by troops while attempting to procure motorcycles and Premium Motor Spirit (PMS) in support of the terrorists’ activities.

In an apparent attempt to retaliate and abduct civilians, the terrorists concealed themselves within a millet farm along the route and opened fire on passing vehicles, causing some drivers to lose control and veer off the road.

Responding swiftly to the distress call, troops of Sector 2 moved to the area and decisively engaged the terrorists, denying them the opportunity to carry out the abduction. Faced with the troops’ superior response, the terrorists abandoned their mission and fled into the surrounding forest.

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Following the engagement, troops rescued nine civilians, including an infant. Two women who sustained gunshot wounds during the terrorists’ attack were promptly evacuated for medical attention and are currently receiving treatment.

Operation FANSAN YAMMA remains resolute in its determination to deny terrorists and other criminal elements the freedom to attack innocent citizens. The Joint Task Force will continue to sustain pressure on terrorist networks while taking all necessary measures to protect lives and restore lasting peace and security across the North West region.

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Edo Assembly Speaker Blessing Agbebaku resigns

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Edo ex-Speaker Blessing Agbebaku
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The Speaker of the Edo State House of Assembly, Blessing Agbebaku, has reportedly stepped down from his position.

His resignation came as reports emerged that some lawmakers were working on plans to impeach him from the speakership.

Agbebaku became Speaker of the 8th Edo State House of Assembly in June 2023 after lawmakers elected him to lead the chamber.

The former Speaker was originally
elected on the platform of the Peoples Democratic Party (PDP).

However, he later moved to the All Progressives Congress (APC) in 2025, joining other political figures who changed parties as political alignments in Edo continued to change.

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His reported resignation comes as political activities begin to build ahead of the 2027 general elections.

The development is likely to lead to new discussions among lawmakers and political leaders over who will take over the leadership of the Assembly.

The resignation could also affect the balance of power within the House, especially as lawmakers consider the next person to lead the chamber.

Members of the Assembly are expected to meet and take the necessary steps toward filling the vacant Speaker position.

The reason behind Agbebaku’s decision to leave office has not been made public.

It is also not yet clear whether his resignation is connected to recent political developments within the state or other issues involving the Assembly.

More information is expected to emerge as lawmakers react to the development and begin discussions on the next leadership of the Edo State House of Assembly.

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Sheikh Jingir: Christianity not subordinate to any religion in Nigeria — Pastor Enenche

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Pastor Dr. Paul Enenche
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• Says security agencies must act against provocative religious remarks

Senior Pastor of Dunamis International Gospel Centre, Pastor Paul Enenche, has declared that Christianity is not subordinate to any religion in Nigeria, while condemning comments linked to Islamic cleric Sheikh Yahya Jingir.

Speaking during the church’s Sunday service at its headquarters in Abuja, Enenche reacted strongly to the controversy generated by Jingir’s recent remarks, insisting that Christians could not be regarded as inferior to adherents of any other faith in the country.

The cleric described the suggestion that Christianity was secondary to another religion as unacceptable, arguing that Christians are present in large numbers across every part of Nigeria.

Enenche also warned against taking the Christian community for granted, maintaining that the church remains a significant force in the nation.

He criticised security agencies for failing to invite Islamic cleric, Sheikh Muhammad Jingir, over his recent comments advocating a Muslim-Muslim political arrangement in Nigeria.

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According to Enenche, security agencies should have acted against statements capable of provoking religious tension and violence in the country.

The pastor described as unacceptable the suggestion that Christianity should be regarded as subordinate to any other religion in Nigeria, insisting that Christians constitute a significant part of the country’s population.

He said, “Christianity is not secondary, and no group of religious fanatics will ever make it secondary. Not you, not any political group of people will ever make Christianity secondary to any.”

Enenche also questioned why security agencies had not invited the cleric for questioning over his comments, arguing that allowing individuals to make what he described as reckless statements without consequence could threaten national peace.

He said, “I blame security forces for allowing people to make reckless statements. You allow them still moving on the road, allow them still moving, not knowing that such a statement can incite instant violence.”

The pastor added that authorities should have taken steps to establish whether the comments could incite violence, rather than allowing the speaker to continue making such statements publicly.

“People are messing up and destroying the nation; they are walking free of charge, and they are talking,” he said.

Enenche further warned against taking the Christian community for granted, saying Christians had remained calm despite what he described as provocative statements.

“Nobody should take the church in this nation for granted. Don’t take the church for granted,” he said.

His comments followed controversy generated by the Chairman of the Ulama Council of Jama’atu Izalatil Bid’ah Wa’ikamatis Sunnah, Sheikh Muhammad Jingir, who recently advocated the continued adoption of a Muslim-Muslim presidential ticket.

Jingir had, at a special wedding reception organised by the Kano State Government for 1,500 couples whose weddings it sponsored, urged Muslims to vote in a manner that would demonstrate their numerical strength.

Amid reactions to his comments, Jingir told the BBC that he had no regret over his advocacy for a Muslim-Muslim presidential ticket, stressing that he had held the position long before the administration of President Bola Tinubu.

The comments have attracted reactions from various quarters, including the National Coordinator of the Obidient Movement Worldwide, Yunusa Tanko, and Nigeria’s Ambassador-designate to South Africa, Femi Fani-Kayode.

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