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Reuters
Reuters
Politics
By Camillus Eboh

Nigerian states sue over withdrawal of old banknotes before elections

FILE PHOTO: A person holds a new 1000 naira note as the Central Bank of Nigeria releases the notes to the public through the banks in Abuja, Nigeria, December 15, 2022. REUTERS/Afolabi Sotunde

Sixteen states in Nigeria on Wednesday asked the Supreme Court to force the central bank to extend by six months the use of old banknotes, whose withdrawal from circulation has caused cash shortages and angered citizens ahead of weekend elections.

In a country where most people rely on cash for everything from taxi fares to buying food from markets, the shortages of naira bills has riled citizens, some of whom have attacked banks and burned cash-dispensing machines.

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