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PortHarcourt: Court adjourns OYDI’s suit against Federal, CBN

The Federal High Court sitting in Port Harcourt has adjourned till 17th of February, 2023 to consider the exparte application filled by Ogoni Youth Development Initiative against the President Muhammadu Buhari’s-led administration, Governor of the Central Bank of Nigeria, Godwin Emefiele and Minister of Justice and Attorney General of the Federation, Abubakar Malami on the naira withdrawal limit policy.

Other defendants in the suit challenging the policy on new cash withdrawal of twenty thousand daily and five hundred thousand naira weekly for individuals include the Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed, Director, and Chief Executive Officer, Nigerian Financial Intelligence Unit, Modibbo Tukur.

Before adjoining the case after it was mentioned, the presiding Judge, Justice Muhammed Turaki, the judge directed the Counsel for the plaintiff, David Ameh to put the defendants on notice on the exparte application for argument before adjourning the case till 17th of February, 2023.

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In his reaction, while speaking to our Correspondent, Counsel to the Plaintiff, David Ameh while explaining why his client is in court and what transpired in court as well as the expectations on the next adjourned date concluded that his client was in court to seek the reversal of the naira withdrawal policy that has brought untold hardships to the Citizens.

He assured that his client will get justice as he believes in the judiciary intervention processes in the matters like this.

The President of the Ogoni Youth Development Initiative, Imeabe Saviour-Oscar said the current sufferings and when the obnoxious policy will fully take off necessitated their decision to approach the court.

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