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The Nigeria Safety and Civil Defence Corps (NSCDC) has mentioned that it’s going to proceed to arrest and prosecute these concerned within the manufacturing and circulation of faux redesigned Naira notes.
Based on the Information Company of Nigeria (NAN), this was made recognized by the Commandant-Basic of the NSCDC, in Abuja on Sunday, saying that the variety of instances of circulation of faux Naira notes had change into worrisome.
He warned perpetrators to desist, including that the corps wouldn’t relent however proceed to arrest and prosecute these concerned in financial sabotage of the nation.
Based on him, the corps had arrested and seized faux Naira notes price tens of millions of naira from members of syndicates in numerous states within the nation in lower than a month.
Fraudsters took benefit of the naira shortage
Audi mentioned that whereas interrogating a lot of the arrested suspects, it was deduced that the alleged fraudsters took benefit of the low circulation of the redesigned Naira notes to supply counterfeit notes massively.
- He mentioned, “Many harmless Nigerians will need to have fallen victims to their scheme whereas they collected financial institution cash transfers and trade of foreign currency echange.
- “The arrest of those syndicates will assist us fish out extra criminals who’ve determined to make the most of the financial scenario within the nation to rip-off folks.”
Audi suggested residents to keep away from being victims of fraudsters by guaranteeing they transact with banks, particularly when massive sums had been concerned.
The NSCDC boss added that the corps would collaborate with different sister companies within the combat in opposition to the manufacturing and circulation of faux Naira notes and different financial sabotage.
For the file
The Central Financial institution of Nigeria (CBN) had on October 26, 2022, introduced its plan to revamp the N200, N500, and N1,000 notes. President Muhammadu Buhari subsequently unveiled the redesigned notes on November 23, 2022, whereas the apex financial institution fastened a January 31 deadline for the validity of the outdated notes.
The CBN had on January 29, 2023, prolonged its January 31 deadline to February 10, 2023, after bowing to stress following pleas from Nigerians and stakeholders.
The apex financial institution had assured that the brand new notes contained some new security measures that will make it tough for counterfeiters to copy.
Nevertheless, the brand new notes have been very scarce as companies and Nigerians have complained of the ache and harrowing expertise they undergo because of the non-availability of the redesigned naira notes.
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