Court strikes out N1bn suit against Buhari, Emefiele, CBN

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Justice Inyang Edem Ekwo of the Federal High Court in Abuja has struck out a N1 billion suit instituted against former President Muhammadu Buhari and former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele over the hardships that trailed the 2023 Naira redesign policy.

The judge threw out the suit instituted by an Abuja based legal practitioner, Uthman Isa Tochukwu on the grounds of lack of diligent prosecution of the case.

In a ruling on Monday, Justice Ekwo said that he was convinced that the plaintiff had deliberately abandoned his own case due to his persistent absence in court without legal representation and any explanation.

The plaintiff in the suit marked FHC/ABJ/CS/418/2023 had dragged the former President, Attorney General of the Federation, former governor of the CBN, CBN and two commercial banks before the court claiming that they inflicted series of hardships on him during the redesign of the Naira.

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