• 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:

  • Reframing Nigeria’s Banditry Crisis: From Emotional Narratives to Strategic Clarity, By Samuel Aruwan
  • Saudi Airline Passengers Stranded for Hours on Abuja Tarmac After Weather Diversion from Kano
  • Policing Lagos with a Humanitarian Lens, By Adebisi Adams Oyeshakin

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

Nigeria Map

Reframing Nigeria’s Banditry Crisis: From Emotional Narratives to Strategic Clarity, By Samuel Aruwan

Saudi Airline Passengers Stranded for Hours on Abuja Tarmac After Weather Diversion from Kano

CP Jimoh Moshood

Policing Lagos with a Humanitarian Lens, By Adebisi Adams Oyeshakin

NAF Airstrikes, NAF Air, NAF jets

NAF Airstrikes Pound Terrorists in Timbuktu Triangle, Clear Path for Ground Offensive

Army Guns Down Notorious Bandit, Recover Firearms in Plateau State 

Bomai: Turning around Yobe’s indices of development, By Nasir Imam

Police Officer

Police Arrest 6 Kidnappers, Rescue 3 Victims in Nasarawa

December 2025: The Giant Strides of Nigeria’s Security and Intelligence Agencies

Protect Oil Assets, Boost Production — Army Chief Tells Troops

VP Shettima flanked by top military brass at the Armed Forces celebration and remembrance day special Juma'at prayer

Shettima: FG Will Continue to Back Armed Forces to Defeat Insecurity

armed forces

FG Begins Armed Forces Remembrance Day Celebration with Nationwide Prayers for Fallen Heroes

Minister of Works, Sen. David Umahi

Works Minister Sanctions Officials over Mararaba–Keffi Road

Recent Posts

  • Reframing Nigeria’s Banditry Crisis: From Emotional Narratives to Strategic Clarity, By Samuel Aruwan
  • Saudi Airline Passengers Stranded for Hours on Abuja Tarmac After Weather Diversion from Kano
  • Policing Lagos with a Humanitarian Lens, By Adebisi Adams Oyeshakin
  • NAF Airstrikes Pound Terrorists in Timbuktu Triangle, Clear Path for Ground Offensive
  • Army Guns Down Notorious Bandit, Recover Firearms in Plateau State 
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Reframing Nigeria’s Banditry Crisis: From Emotional Narratives to Strategic Clarity, By Samuel AruwanSaudi Airline Passengers Stranded for Hours on Abuja Tarmac After Weather Diversion from KanoPolicing Lagos with a Humanitarian Lens, By Adebisi Adams OyeshakinNAF Airstrikes Pound Terrorists in Timbuktu Triangle, Clear Path for Ground OffensiveArmy Guns Down Notorious Bandit, Recover Firearms in Plateau State Bomai: Turning around Yobe’s indices of development, By Nasir ImamEFCC Arraigns Austrian Over Failure to Declare N2.28bn ForexPolice Arrest 6 Kidnappers, Rescue 3 Victims in NasarawaDecember 2025: The Giant Strides of Nigeria’s Security and Intelligence AgenciesProtect Oil Assets, Boost Production — Army Chief Tells TroopsShettima: FG Will Continue to Back Armed Forces to Defeat InsecurityFG Begins Armed Forces Remembrance Day Celebration with Nationwide Prayers for Fallen HeroesWorks Minister Sanctions Officials over Mararaba–Keffi RoadFinally, Trump Acknowledges Muslim Killings in Nigeria, Hints on More U.S. StrikesTrump to Host Venezuelan Opposition’s Machado in Washington
X whatsapp