• 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:

  • REVEALED: How Nigeria’s Military Saved Benin’s 35-Year Democracy, Tinubu Salutes Armed Forces 
  • NAF Sustains Operations in Republic of Benin Following Failed Coup Attempt
  • Adeniyi Leads 93rd WCO Policy Commission, Boosts Nigeria’s Global Customs Standing

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

REVEALED: How Nigeria’s Military Saved Benin’s 35-Year Democracy, Tinubu Salutes Armed Forces 

NAF Airstrike fighter jets

NAF Sustains Operations in Republic of Benin Following Failed Coup Attempt

Army Chief, the Commandant AFCSC, Air Vice Marshal Hassan Idris Alhaji,

Insecurity: COAS Launches Wargaming Hub, Commissions 250 Combat-Ready Officers in Security Emergency Drive

L-R: Awual Rafsajani of CISLAC, of Voice of Nigeria, the Campus journalist award winner, Usman Bashir Abubakar of UNIMAID and the Convener, Gidado Shuaib

UNIMAID Law Student Clinches Top Prize at Campus Journalism Awards 2025

Loyalist Armed Forces Foil Benin Coup Attempt

PHOTOS: AI Is Reshaping Journalism and Crisis Communication, Says PRNigeria Publisher at Campus Journalism Awards

Ribadu Hosts U.S. Congressional Delegation, Strengthens Security Partnership

Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, with the two Nigerian Air Force (NAF) Alpha Jet Pilots

CAS Meets Alpha Jet Pilots After Emergency Ejection

Kaduna State: A Phoenix Rising from the Ashes of Insecurity and Politics, By Zubair Abdurrauf Idris

 Army Halts Retirement of Officers to Retain Manpower, Experience

COAS Charges Newly Commissioned Officers on Professionalism, Loyalty and Discipline

NAF Airstrike fighter jets

NAF Pilots Eject Unhurt After Alpha Jet Suffers Mid-Air Emergency in Kainji

Recent Posts

  • REVEALED: How Nigeria’s Military Saved Benin’s 35-Year Democracy, Tinubu Salutes Armed Forces 
  • NAF Sustains Operations in Republic of Benin Following Failed Coup Attempt
  • Adeniyi Leads 93rd WCO Policy Commission, Boosts Nigeria’s Global Customs Standing
  • CG Musa: The Return of a Battle-Tested General
  • Insecurity: COAS Launches Wargaming Hub, Commissions 250 Combat-Ready Officers in Security Emergency Drive
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
REVEALED: How Nigeria’s Military Saved Benin’s 35-Year Democracy, Tinubu Salutes Armed Forces NAF Sustains Operations in Republic of Benin Following Failed Coup AttemptAdeniyi Leads 93rd WCO Policy Commission, Boosts Nigeria’s Global Customs StandingCG Musa: The Return of a Battle-Tested GeneralInsecurity: COAS Launches Wargaming Hub, Commissions 250 Combat-Ready Officers in Security Emergency DriveUNIMAID Law Student Clinches Top Prize at Campus Journalism Awards 2025Loyalist Armed Forces Foil Benin Coup AttemptPHOTOS: AI Is Reshaping Journalism and Crisis Communication, Says PRNigeria Publisher at Campus Journalism AwardsRibadu Hosts U.S. Congressional Delegation, Strengthens Security PartnershipCAS Meets Alpha Jet Pilots After Emergency EjectionOluwo of Iwo - A King Without BordersRewriting the Rules of Protest Policing in LagosKaduna State: A Phoenix Rising from the Ashes of Insecurity and Politics, By Zubair Abdurrauf Idris Army Halts Retirement of Officers to Retain Manpower, ExperienceCOAS Charges Newly Commissioned Officers on Professionalism, Loyalty and Discipline
X whatsapp