Renowned human rights lawyer Femi Falana is urging the Federal Government to take legal action against the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, as well as the management of the apex bank in connection with the cash shortage experienced in the country earlier this year.

In a formal statement, the Senior Advocate of Nigeria contends that both Emefiele and the CBN provided misleading information to the Nigerian public regarding the availability of cash, attributing it to redesigning the nation's currency.

Falana is additionally advocating for the CBN to undertake the reconstruction of the bank facilities that dissatisfied customers damaged in the aftermath of the cash shortage triggered by the currency redesign policy.

Furthermore, he calls for the apex bank to compensate the families of individuals who lost their lives due to the resulting public unrest.