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Naira Crisis: States Seeking To Join Suit, Told To Await S’Court Decision
On Wednesday, the Supreme Court declined the requests of additional states to become involved in the lawsuit that challenges the Federal Government’s decision to outlaw the use of the old N200, N500, and N1000 banknotes as acceptable legal tender.
In a unanimous decision by a seven-member panel of Justices of the Supreme Court, all states seeking to join the lawsuit as interested parties were advised to wait for the court’s ruling on the original case, which was filed by Kaduna, Kogi, and Zamfara states in Northern Nigeria.
Justice Inyang Okoro, who presided over the panel, rejected a joinder application made by Abia State, leading to the decision to deny further requests by other states to join the lawsuit.
The Supreme Court consolidated the suit filed by Rivers State with all other pending cases challenging the Naira swap policy introduced by the Federal Government through the Central Bank of Nigeria (CBN).
The apex court consolidated all the pending suits marked: SC/CV/162/23, SC/CS/197/23, SC/CV/200/23, SC/CV/210/23, SC/CV/227/23, SC/CV/229/23, SC/CV/222/23, and SC/CV/162/23 for hearing.
Recall that the Supreme Court had previously allowed seven states, namely Lagos, Cross River, Ogun, Ekiti, Ondo, Sokoto, and Katsina (which is President Muhammadu Buhari’s homestate) to join the lawsuit initially filed by Kaduna, Kogi, and Zamfara states.
Initially, the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, was the sole defendant cited in the case. However, the Supreme Court approved the requests made by Edo and Bayelsa states to join the lawsuit as co-plaintiffs in support of the Federal Government.
Rivers, Kano, Jigawa, and Nasarawa states argued that their case was distinct from the others, as their grievances were not limited to the Naira swap policy but also included issues with the cash withdrawal limits that the CBN permitted for corporate entities and individuals.
During the consolidation of all the cases, the Supreme Court recognized that the dispute at hand revolved around Section 20(3) of the CBN Act.
The court concluded that there was no necessity for additional states to seek permission to join the ongoing legal proceedings.
“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.
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Ex-IGP Usman Alkali Baba Joins Yobe Governorship Race, Vows to End Insurgency
Former Inspector General of Police, Usman Alkali Baba, has formally declared his intention to contest the 2027 governorship election in Yobe State, promising to tackle insecurity and rebuild the state’s economy.
In a statement released Tuesday following a consultation meeting in the state, the retired police chief said his ambition is driven by a desire to restore peace, strengthen institutions, and accelerate development across all sectors.
Alkali pledged to “wipe out insurgency” and revive economic activities disrupted by years of insecurity, noting that his administration would prioritise intelligence-driven security and community partnerships.
“My vision for Yobe State is clear. I want a state where security is strengthened through intelligence and community partnership. I want a state where farmers can return to their farms with confidence, traders can move freely, and children can go to school without fear,” he said.
The former police boss emphasised his experience in national security management, stating that his years in public service have equipped him with the discipline and strategic thinking needed to govern effectively.
According to him, Yobe State requires leadership that understands security, institutional coordination, and human development, adding that insecurity has significantly hindered growth and deepened poverty in the region.
He also outlined plans to boost agriculture, expand infrastructure, and invest in education and youth empowerment. Alkali promised to provide microcredit support for women and equip young people with technical skills and startup kits to drive commerce and industry.
On healthcare, he pledged to combat child-killer diseases, including polio, and introduce free maternal healthcare services, as well as free medical care for children aged zero to five.
“Mothers will not die during childbirth, and children will live and thrive. They will go to school and graduate in a safe and secure environment,” he assured.
Alkali further stated that his administration would focus on inclusive governance, ensuring development reaches all local government areas without discrimination.
While expressing readiness to build on the achievements of the current administration, he maintained that governance must go beyond rhetoric and propaganda, stressing that it requires “vision, action, and the courage to make tough decisions.”
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Bayern Won’t Sell Olise Even for €200m — Rummenigge Drops Bombshell
Bayern Munich have made a strong statement over the future of winger Michael Olise, with Vice-President Karl-Heinz Rummenigge insisting the club would reject even a €200 million offer for the player.
The comments, reported by transfer expert Fabrizio Romano on Monday, highlight Bayern’s long-standing policy of prioritising sporting stability over financial gain.
SEE ALSO: BREAKING: Chelsea Hit With £10.75m Fine, Transfer Ban
Rummenigge explained that the club’s position is rooted in a historic decision made in 2009, when Bayern received a massive bid from Chelsea for Franck Ribéry.
After internal discussions involving then CFO Karl Hopfner and former president Uli Hoeneß, the club chose to reject the offer — a decision that shaped its modern transfer philosophy.
According to him, that principle remains unchanged today.
He stressed that Bayern do not consider selling players who are essential to the team, adding that even a record-breaking €200 million bid would not change their stance on Olise.
The statement is expected to fuel further transfer speculation across Europe, but Bayern officials maintain that Olise is a key part of their long-term sporting project and not for sale.
Bayern Munich continue to uphold their “untouchable players” policy, while Michael Olise remains central to their squad plans.
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AFCON 2025 Drama: Morocco Defends CAF Ruling Amid Growing Controversy
The Fédération Royale Marocaine de Football (FRMF) has defended its position following the controversial ruling by the Confederation of African Football Appeal Board over the disputed 2025 Africa Cup of Nations final.
In a statement issued on Wednesday, the Moroccan football authority said its appeal was strictly aimed at ensuring the proper application of competition rules, and not to question the sporting merit or performance of any team involved in the final.
The federation emphasized its commitment to fairness, transparency, and the stability of African football competitions, noting that its actions were guided by respect for established regulations.
ALSO READ: JUST IN: Senegal Stuns Hosts Morocco To Lift AFCON 2025 Trophy
“The Federation reiterates that its approach has always been grounded in respect for the rules and stability of African competitions,” the statement read.
FRMF also praised all participating nations in the tournament, describing the 2025 AFCON as a significant milestone in the growth and development of football across the continent.
However, the body revealed that a more detailed position would be made public after a scheduled meeting of its governing organs.
The statement is expected to further clarify Morocco’s stance and outline any possible legal or administrative steps moving forward.
The CAF Appeal Board’s decision has continued to generate widespread reactions among football stakeholders, with growing calls for clearer regulations, improved transparency, and consistency in the administration of African football.





