From: Femi Oyelola, kaduna
The Kaduna State Police Command has clamped down on Naira Notes hawkers to forestall illicit sales of the country’s currency.
The State Police Commissioner, Ali Aji Janga disclosed this during a press conference held in Kaduna yesterday CP Ali Aji Janga who was represented by the Deputy Commissioner in charge of finance and administration, Onnah Sunny said the operation was carried out in collaboration with the Central Bank of Nigeria (CBN) and the DSS.
According to him, the clampdown on the naira vendors and sellers is hinged on the CBN’s Act, Section 20 and 21 that make it a punishable offense for any individual or group of people to hawk, sale or otherwise trade in the Naira notes, coins or any note issued by the CBN.
“The operation was very successful as four suspects, were arrested at various locations of the state during the raid supervised by the Commissioner of Police Kaduna State Command CP Ali Aji Janga.
“A total sum of seven hundred and ninety eight thousand naira (N798,000:00) mint cash of various denominations and other exhibits were recovered from the suspects.
“Investigations have already commenced on the matter to ascertain the source of the naira notes.
“The Nigeria Police Force and the CBN will continue the clampdown on the perpetrators of this offence, which is punishable under the CBN Act 2007.
“We want to assure the general public that, the arrested persons who are presently under our custody would be charged to court as soon as investigations into the matter have been concluded.
“For the avoidance of doubt, acts of spraying the Naira notes at occasions, soiling and writing on the Naira, squeezing the Naira, as well as hawking and selling of the country’s currency notes, are abuses of the naira and are punishable by law.
“We equally want to use the opportunity to appeal to the general public to desist from these acts of abuse of the Naira and report promptly to the nearest security agency any person seen doing such acts, as our currency is one of the symbols of our identity,.” the statement reads.