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Three governors of the ruling All Progressives Congress (APC) – Nasir el-Rufai of Kaduna State, Yahaya Bello of Kogi State and Bello Matawalle of Zamfara State, have filed a contempt proceeding against the Attorney General of the Federation (AGF), Abubakar Malami and the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, for failing to comply with the order of the Supreme Court suspending the ban on the old N200, N500 and N1,000 notes.
The APC governors started making covert moves on Sunday to force the Federal Government to comply with the Supreme Court’s order or find a political or out-of-court solution. They did this by pressuring the party leadership to persuade President Muhammadu Buhari to take a softer stance on the naira swap policy before today’s historic Supreme Court session.
APC leadership and the three governors met secretly with Malami on Monday in an effort to increase pressure on the Federal Government. None of the attendees spoke at the meeting’s conclusion as they avoided questions from the media.
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Yesterday, a new case was submitted before the Supreme Court in an unexpected turn of events. The AGF and Emefiele were warned in the lawsuit about the repercussions of their continuous disregard for the highest court’s judgment over the currency policy.
The applications that are currently awaiting the Supreme Court’s attention when the proceedings resume today include the forms that were submitted by the group of attorneys representing the three states.
Although CBN was not a party to the original lawsuit, on February 10 in an ex-parte plea by the three applicant states, the Supreme Court had issued an interim injunction to FG not to stop using the old naira notes.
