The Senior Advocate of Nigeria additionally requested that the court coordinate the CBN to stop the utilization of the United States dollar as a lawful delicate in Nigeria.
The suit was recorded on Wednesday, 24 February 2016 and is yet to be appointed to a judge for hearing.
In the suit, Mr Falana, claimed that the CBN's money related approach had prompted a circumstance where an excess of naira was made to pursue a couple of dollars with a chaperon weaker naira and antagonistic multiplier impacts, for example, rising swelling, conclusion of production lines and abnormal state of unemployment.
He additionally asserted that the CBN had so "dollarised the economy" that the remote money had now gotten to be legitimate delicate with school expenses and leases now being charged and paid in dollars to the impediment of the economy.
The Senior Advocate needs the court to make an announcement that by uprightness of Section 16 of the CBN Act 2007, the CBN should alter and decide the conversion standard of the naira by a suitable instrument conceived for that reason.
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