• 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:

  • Pantami Foundation Graduates 250 Gombe Youths in Tech, Entrepreneurship
  • Tinubu Orders NAHCON to Reduce 2026 Hajj Fares
  • Security Operatives Nab Influencers Over Defamatory Campaign Against Senator Shehu Buba

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

Bandit hideout destroyed by troops

Army Dislodges Bandits in Taraba Forests Under Operation Lafiya Nakowa

How Irabor’s Book Launch Became National Security Summit as Obasanjo, Jonathan, Kukah, Sultan Spoke on Boko Haram

Nigerian Army

Nigerian Army Denies Losing Weapons to Bandits in Kwara Operation

NDLEA Logo

NDLEA Dismantles Cocaine Cartels Behind UK Shipments, Arrests Suspects, Destroys 25,000kg Skunk Nationwide

Troops Neutralise Terrorists, Repel Boko Haram Attack in Borno

GWA Award Winners 2025

PHOTOS: Nigeria Customs, IMPR Bag Back-to-Back Golden World Award at IPRA 70th Anniversary

Troops Nab Terrorists’ Logistics, Drug Suppliers in Borno

We Arrested 450 Terrorists, Rescued 180 Abducted Victims in One Month – Military

Over 100 Jerrycans of Petrol Seized as Police Foil Smuggling to Niger Republic

NAFDAC Seals Chinese Supermarkets, Cosmetics Shops in Abuja

NSCDC Mining marshals

Mining Marshals Arrests 5 Illegal Miners in Niger, Seize Logistics

Inspector-General of Police Kayode Adeolu Egbetokun

STEP-BY-STEP: How to Apply for New Digital Tinted Glass Permit as Police Begin Enforcement

Recent Posts

  • Pantami Foundation Graduates 250 Gombe Youths in Tech, Entrepreneurship
  • Tinubu Orders NAHCON to Reduce 2026 Hajj Fares
  • Security Operatives Nab Influencers Over Defamatory Campaign Against Senator Shehu Buba
  • Army Dislodges Bandits in Taraba Forests Under Operation Lafiya Nakowa
  • How Irabor’s Book Launch Became National Security Summit as Obasanjo, Jonathan, Kukah, Sultan Spoke on Boko Haram
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Pantami Foundation Graduates 250 Gombe Youths in Tech, EntrepreneurshipTinubu Orders NAHCON to Reduce 2026 Hajj FaresSecurity Operatives Nab Influencers Over Defamatory Campaign Against Senator Shehu BubaArmy Dislodges Bandits in Taraba Forests Under Operation Lafiya NakowaHow Irabor's Book Launch Became National Security Summit as Obasanjo, Jonathan, Kukah, Sultan Spoke on Boko HaramNigerian Army Denies Losing Weapons to Bandits in Kwara OperationUba Sani Releases ₦2.3bn for Retirees and Families of Deceased WorkersGroup Urges CBN to Scrap 2% Service Charge on Hajj Fare to Reduce Pilgrimage CostNDLEA Dismantles Cocaine Cartels Behind UK Shipments, Arrests Suspects, Destroys 25,000kg Skunk NationwideKano Gov't Investigates Alleged Diversion of N4bn Dala Inland Dry Port FundsACF Warns of Alleged Plot to Cripple Dangote Refinery, Urges FG InterventionTroops Neutralise Terrorists, Repel Boko Haram Attack in BornoPHOTOS: Nigeria Customs, IMPR Bag Back-to-Back Golden World Award at IPRA 70th AnniversaryTroops Nab Terrorists’ Logistics, Drug Suppliers in BornoS/Arabia-Trained Graduates to Begin Forum on Sustainable Development
X whatsapp