Sale, Abuse Of Naira: IGP Orders Arrest, Prosecution Of Violators

The inspector-general of police, IGP Usman Baba, has ordered the deputy inspector-general of Police in charge of the Force Criminal Investigations Department (FCID) and the assistant inspector-general of Police in charge of the Force Intelligence Bureau (FIB) to place officers and men of the Department and the Bureau across the nation on high alert and to carry out the arrest and subsequent prosecution of all individuals engaged in the sale or abuse of the Naira notes issued by the Central Bank of Nigeria (CBN).

The IGP has similarly charged all supervisory assistant inspectors-general of Police 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 Central Bank of Nigeria Act, 2007 which criminalise, amongst other things, the hawking, selling or otherwise trading, spraying of, dancing or matching on the Naira notes, falsifying or counterfeiting of banknotes, refusal to accept the Naira as a means of payment, tampering with the coins or notes issued by the CBN.

Force PRO, CSP Olumuyiwa Adejobi, said the inspector-general of police reiterated the mandate of the Nigeria Police Force to enforce all laws and regulations without any prejudice to the enabling Acts of other security agencies and urged all and sundry to cooperate with the Nigeria Police Force 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.