CBN opposes suit on removal of Ajami inscriptions
Post created on 9:43 am
The Central Bank of Nigeria (CBN) has opposed a suit before the federal high court in Lagos seeking to remove Ajami (Arabic) inscriptions on the naira notes.
The apex bank made the submission in a counter-affidavit to a suit filed by Malcolm Omirhobo, a Lagos-based lawyer, before Mohammed Liman, presiding judge over the case.
CBN told the court that it will cost a lot of money to discard existing notes and print new ones without Ajami. It also said Ajami is not a symbol or mark of Islam, but an inscription to help non-English speakers who are Ajami literate