Nigeria, Jan. 28 -- A lawyer, Joshua Alobo, has sued the Central Bank of Nigeria (CBN), over the 31 January deadline set to end the use of the old notes.

Mr Alobo, a professor of law, asked the Federal High Court in Abuja to stop the CBN from making 31 January deadline for old 1000, 500 and 200 naira notes.

Specifically, the plaintiff begged the court to issue an order, "extending the duration where the old notes cease to become legal tender to period of three weeks when the redesign notes will be sufficiently dispense by the commercial banks."

He listed the CBN, its governor, Godwin Emefiele, and the Attorney-General of the Federation (AGF) as defendants.

Mr Alobo acknowledged in an affidavit deposed to by Musa Damudi, that the centr...