• 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:

  • Army Rescues 74 Stranded Corps Members from Boko Haram in Borno
  • Nigerian Professionals in Europe Urge EU to Restrain Trump, Call for Strategic Security Support
  • NUPRC’s 2025 Oil Bid Round Rekindles Investor Confidence — Energy Alliance

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

Terror in the Mosques and on Christians: A Comparative Reflection on Religious Attacks in Nigeria By Bob M. Achanya

Army Rescues 74 Stranded Corps Members from Boko Haram in Borno

National Institute for Policy and Strategic Studies. PHOTO credit : NIPSS

The NIPSS Cybersecurity Saga and the Demand for Truth, By Mukhtar Y. Madobi

NAF, NDC Strengthen Ties to Bolster Strategic Military Education

Concerned Northerners Condemn Trump Threats, Call for National Unity to Solve Insecurity

NSCDC Arrests 20 Suspects for Kidnapping, Murder, Armed Robbery, Recover Firearms

COAS Reunites with NDA 41 Coursemates, Rallies Support to Tackle Insecurity

Department of State Security Service DSS

DSS Arraigns 27-Year-Old for Advocating Military Coup on Social Media

CNS Abbas Begins Operational Tour, Inspects Naval Formations in Makurdi

CAS Aneke Hails Newly Promoted NAF Personnel, Harps on Discipline, Professionalism

Muhammed Badaru Abubakar, Minister for Defence

RUSEB-P: Fed Govt Mobilizes Veterans to Rebuild, Secure Insurgency-Hit Areas

Defence Ministers, Chief of Defence Staff, Service Chiefs, senior Military Officer and MOD Staffs

FG Disburses ₦18bn to Families of Fallen Soldiers, Launches Veterans Databank

Recent Posts

  • Terror in the Mosques and on Christians: A Comparative Reflection on Religious Attacks in Nigeria By Bob M. Achanya
  • Army Rescues 74 Stranded Corps Members from Boko Haram in Borno
  • Nigerian Professionals in Europe Urge EU to Restrain Trump, Call for Strategic Security Support
  • NUPRC’s 2025 Oil Bid Round Rekindles Investor Confidence — Energy Alliance
  • The NIPSS Cybersecurity Saga and the Demand for Truth, By Mukhtar Y. Madobi
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Terror in the Mosques and on Christians: A Comparative Reflection on Religious Attacks in Nigeria By Bob M. AchanyaArmy Rescues 74 Stranded Corps Members from Boko Haram in BornoNigerian Professionals in Europe Urge EU to Restrain Trump, Call for Strategic Security SupportNUPRC’s 2025 Oil Bid Round Rekindles Investor Confidence — Energy AllianceThe NIPSS Cybersecurity Saga and the Demand for Truth, By Mukhtar Y. MadobiNAF, NDC Strengthen Ties to Bolster Strategic Military EducationConcerned Northerners Condemn Trump Threats, Call for National Unity to Solve InsecurityNSCDC Arrests 20 Suspects for Kidnapping, Murder, Armed Robbery, Recover FirearmsCOAS Reunites with NDA 41 Coursemates, Rallies Support to Tackle InsecurityWest Africa Think Tank Applauds NUPRC’s Strategic Oil GovernanceTop 10 Rising Northern Stars Nominated for CEO’s Network Africa Awards 2025Over 1,000 Media Stations Operating Freely Under Tinubu Administration – MinisterDSS Arraigns 27-Year-Old for Advocating Military Coup on Social MediaCNS Abbas Begins Operational Tour, Inspects Naval Formations in MakurdiCAS Aneke Hails Newly Promoted NAF Personnel, Harps on Discipline, Professionalism
X whatsapp