• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Security Sale, Abuse of Naira: IGP Orders Prosecution of Violators
  • Security

Sale, Abuse of Naira: IGP Orders Prosecution of Violators

By
Olumuyiwa Adejobi
-
February 3, 2023
Police Boss IGP Alkali Usman Baba
Police Boss IGP Alkali Usman Baba

Sale, Abuse of Naira: IGP Orders Prosecution of Violators

Tasks Supervising AIGs, CPs on Enforcement of CBN Act

In furtherance of the Federal Government’s policy and drives to uphold the provisions of the Central Bank of Nigeria Act, 2007, and dignify Nigeria’s currency, the Inspector-General of Police, IGP Usman Alkali Baba, psc(+), NPM, NEAPS, fdc, CFR, has ordered the Deputy Inspector-General of Police in charge of the Force Criminal Investigations Department and the Assistant Inspector-General of Police in charge of the Force Intelligence Bureau 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.

Read Also:

  • NAF Chief Aneke Charts New Strategic Course for Nigerian Air Force
  • CP Kankarofi Decorates 42 Newly Promoted Police Officers in Kogi, Reaffirms Commitment to Security Excellence
  • General Abdullahi Mohammed (Adangba): The Passing of a Quiet Pillar of Statecraft By Tanimu Yakubu

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 criminalizes amongst other things the hawking, selling or otherwise trading, 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 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.

CSP OLUMUYIWA ADEJOBI, mnipr, mipra
Force Public Relations Officer,
Force Headquarters,
Abuja.

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Naira
Previous articleGowon Optimistic Buhari ‘ll Assent NYSC Trust Fund Bill
Next article41 Killed as Terrorists, Outlawed Militia Clash in Katsina
Olumuyiwa Adejobi
Olumuyiwa Adejobi
Xing

RELATED ARTICLESMORE FROM AUTHOR

Chief of Air Staff, Air Marshal Sunday Kelvin Aneke

NAF Chief Aneke Charts New Strategic Course for Nigerian Air Force

CP Kankarofi Decorates 42 Newly Promoted Police Officers in Kogi, Reaffirms Commitment to Security Excellence

NDLEA Nab Woman with Live Ammunition Bound for Bandits in Zamfara

Intersociety

BBC Report Exposes Intersociety’s Role in Amplifying Unverified ‘Christian Genocide’ Claims in Nigeria

Abayomi Shogunle

CP Shogunle Meets Security Chiefs to Fortify Election Preparedness Ahead of Anambra Governorship Poll

CP Jimoh Decorates Newly Promoted Senior Officers in Lagos Command

Transparent Procurement System Essential in Boosting Army’s Operational Readiness – COAS Shaibu

L–R: Dr. Olalekan Fadolapo, Director General, Advertising Regulatory Council of Nigeria (ARCON); Dr. Mohammed Bulama, Director General, Federal Radio Corporation of Nigeria (FRCN); Senator Engr. Kenneth Eze, Chairman, Senate Committee on Information and National Orientation; Dr. Hajo Sani, Ambassador of Nigeria to UNESCO; Honourable Olusola Fatoba, Chairman, House Committee on Information, National Ethics and Values; Malam Abdulhamid Salihu Dembos, Director General, Nigerian Television Authority (NTA); and Malam Jibrin Baba Ndace, Director General, Voice of Nigeria (VON), during the 43rd UNESCO General Conference (Communication and Information Commission Session) in Samarkand, Uzbekistan, where Nigeria was approved as host of UNESCO’s first Category 2 International Media and Information Literacy Institute, on Wednesday, November 5, 2025. Photo: Khalid Ahmed.

Nigeria Secures UNESCO Approval to Host  Global Media Literacy Institute

Nigerian Army

HOW TO APPLY: Army Invite Nigerians for 2026 Short Service Recruitment Exercise

Fly Smarter, Strike Harder: NAF Boss Charts New Course for Precision Warfare to Air Commanders

Chief of Air Staff, Air Marshal Sunday Kelvin Aneke

Air Chief Orders Ruthless Air Strikes to Crush Insurgents

Soldiers

Again, Nigeria Rejects US Threat, Cites Major Anti-Terror Wins

Recent Posts

  • NAF Chief Aneke Charts New Strategic Course for Nigerian Air Force
  • CP Kankarofi Decorates 42 Newly Promoted Police Officers in Kogi, Reaffirms Commitment to Security Excellence
  • General Abdullahi Mohammed (Adangba): The Passing of a Quiet Pillar of Statecraft By Tanimu Yakubu
  • NDLEA Nab Woman with Live Ammunition Bound for Bandits in Zamfara
  • BBC Report Exposes Intersociety’s Role in Amplifying Unverified ‘Christian Genocide’ Claims in Nigeria
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
NAF Chief Aneke Charts New Strategic Course for Nigerian Air ForceCP Kankarofi Decorates 42 Newly Promoted Police Officers in Kogi, Reaffirms Commitment to Security ExcellenceGeneral Abdullahi Mohammed (Adangba): The Passing of a Quiet Pillar of Statecraft By Tanimu YakubuNDLEA Nab Woman with Live Ammunition Bound for Bandits in ZamfaraBBC Report Exposes Intersociety’s Role in Amplifying Unverified ‘Christian Genocide’ Claims in NigeriaCP Shogunle Meets Security Chiefs to Fortify Election Preparedness Ahead of Anambra Governorship PollCP Jimoh Decorates Newly Promoted Senior Officers in Lagos CommandTransparent Procurement System Essential in Boosting Army’s Operational Readiness - COAS ShaibuNigeria Secures UNESCO Approval to Host  Global Media Literacy InstituteNation Pays Tribute to Gen. Abdullahi Mohammed Adangba, First Presidential Chief of Staff and Former NSAAbuja Hosts ICEGOV 2025: Nigeria Pledges Commitment to Digital Governance and InnovationHOW TO APPLY: Army Invite Nigerians for 2026 Short Service Recruitment ExerciseFly Smarter, Strike Harder: NAF Boss Charts New Course for Precision Warfare to Air CommandersAir Chief Orders Ruthless Air Strikes to Crush InsurgentsInterior Minister Urges Discipline, Integrity Among Ministry Personnel
X whatsapp