The Inspector-General of Police, Usman Baba, has ordered the arrest and subsequent prosecution of all individuals engaged in the sale or abuse of Naira notes issued by the Central Bank of Nigeria.
The IGP similarly charged all supervisory AIGs and Commissioners of Police in charge of police commands and formations to carry out full enforcement of the provisions of Sections 20 and 21 of the CBN Act, 2007 which criminalizes amongst other things the hawking, selling or otherwise trading.
“And also the spraying of, dancing or matching on the Naira notes, falsifying or counterfeiting of bank notes, refusal to accept the Naira as a means of payment, tampering with the coin or note issued by the CBN,” the statement read. Adejobi further noted that the IGP reiterated the mandate of the NPF to enforce all laws and regulations without any prejudice to the enabling Acts of other security agencies.
He also ured “all and sundry to cooperate with the police as it brings the long arm of the law to bear upon all violators of the provisions of the CBN Act, and other extant statutes in Nigeria, with a view to having a well-policed society in all ramifications within the country”.All rights reserved.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vandi asked me to replace his bullet – InspectorA policeman, Inspector Sunday Akagu, on Thursday, told a Lagos State High Court sitting at the Tafawa Balewa Square, Lagos Island, how Assistant Superintendent of Police Drambi Vandi, the suspected killer of a Lagos-based lawyer, Omobolanle Raheem, asked him for a bullet to replace his after shooting the woman on Christmas Day.
Read more »
BREAKING: IGP orders arrest, prosecution of naira sellers | TheCableUsman Alkali Baba, the inspector-general of police (IGP), has ordered the arrest of persons selling or abusing the naira. The IGP on Friday instructed the deputy inspector-general of police in
Read more »
No Plans To Issue Sit-At-Home Order Or Disrupt Forthcoming General Elections – IPOB | Sahara ReportersThe Indigenous People of Biafra (IPOB) has said it is neither planning nor has intention of issuing sit-at-home order during the forthcoming general elections. In a statement issued by its Media and Publicity Secretary, Emma Powerful, on Thursday, IPOB warned a group it identified as Pan-Nigeria President of Igbo Extraction Coalition (PANPIEC) to desist from linking it with criminal gangs issuing and enforcing sit-at-home orders purposely to blackmail the group and its armed wing, the Eastern Security Network (ESN).
Read more »
Protests In Lagos, Ondo Over Scarcity Of New Naira Notes, General Hardship In Nigeria | Sahara ReportersA group under the auspices of the Coalition of Civil Society Organizations for Good Governance (CCSGG) has staged a protest on Thursday in Lagos State over the scarcity of Naira notes. The protesters blocked Marina Road on Lagos Island, chanting “All we are saying, give us new notes.” In the video that surfaced on social media, the protesters accused banks of working against the redesigned policy of the Central Bank of Nigeria (CBN), thereby making life difficult for ordinary Nigerians.
Read more »
BREAKING: ICPC arrests Twitter user selling new naira notesThe Independent Corrupt Practices and Other Related Offences Commission, on Tuesday, arrested an Abuja-based Twitter user, Oluwadarasimi Omoseyin, with the handle SimisolaGold and Twitter name Simisola of Lala, for offering new naira notes for sale on social media, The PUNCH reports.
Read more »
BREAKING: CBN directs banks to start paying new naira notes over the counter | TheCableThe Central Bank of Nigeria (CBN) has directed commercial banks to start paying the redesigned naira notes to customers over the counter. In a statement on Thursday, Godwin Emefiele, CBN
Read more »