Economic experts have reacted to the arrest of members of syndicates intercepted selling the new naira notes amid the suffering experienced by Nigerians
On Monday, Nigeria’s secret security, the Department of State Services, DSS, and the Economic and Financial Crimes Commission, EFCC, said theyAccording to a statement on Monday by DSS spokesman, Dr Peter Afunanya, in the course of its operations, it also found that Commercial Bank officials were aiding economic malfeasance.
Speaking with DAILY POST on Monday, a financial expert, Mr Idakolo Gbolade said saboteurs are contributing to the new naira notes scarcity nationwide. “The CBN also shares in the blame due to the scarcity of the new notes which made these syndicates profit from the scarcity to the detriment of Nigerians.Also, an Accounting and Financial Development don at Lead City University, Ibadan, Prof Godwin Oyedokun, called for more action by the DSS to sanitize the industry.
“It is so glaring that people are getting the notes illegally. On this note, I expect the DSS to be more vigilant and arrest the perpetrators. It is in our best interest for the DSS to clamp down on such persons.
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