The Supreme Court restrained the Federal Government from implementing the Friday deadline for the currency swap.
The International Monetary Fund and the World Bank urged the CBN to extend the time limit. The advice of the international organizations was in line with the Supreme Court ruling against the Friday deadline.
The IMF and the World Bank stated that the short timeframe for the currency was causing hardships in the country.
He urged the apex court to grant the application in the interest of justice and the welfare of Nigerians.