Oyo NSCDC arrests new naira notes vendors

The Nigeria Security and Civil Defence Corps, (NSCDC), Oyo state Command on Friday paraded ten people for selling the Nigerian currency notes in an operation that lasted two days across various place in the capital city.

The arrested illegal currency notes sellers were paraded at the Commands headquarters Office, Agodi Secretariat road, Ibadan.

The offence was said to be against the Central Bank of Nigeria (CBN) Act, Section 20 which kicks against counterfeiting, hawking, selling or otherwise trade in the Naira notes, coins or any other note issued by the apex bank.

Those arrested include, Dotun Wahab (34), Kunle Oladipupo (35), Tijani Abodun (32), Eniola Waheed (22) and Olanrewaju Adepoju (35).

Others are Obisesan Olalekan (31), Gbenga Omowaye (40), Samson Ojewola (24), Akintola Gboyega (37) and Anifat Abiodun (38).

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Over one million naira fresh banknotes consisting of various denominations were recovered from the suspects.

The State Commandant, Dr John Adewoye said investigations have already commended on the matter to ascertain the source or otherwise of the new naira notes.

While addressing the press, the Commandant assures that the NSCDC and the apex bank will continue the clamp down on the perpetrators of the illegal act, pointing out that the CBN Act 2007 already prescribed a jail term of not less than six months or fine of N50, 000 or both for offenders.

Adewoye assured that those arrested would be charged to court as soon as investigation into the matter is concluded.

“For the avoidance of doubt, act of spraying the Naira notes at occasions, selling and writing on it, squeezing handling as well as counterfeit of the country currency notes are abuse of the naira and are punishable by the law”, the Oyo NSCDC boss warned.

 

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