The Economic and Financial Crimes Commission (EFCC) has begun investigating two travelers, Mamud Nasidi and Yahaya Nasidi, for allegedly failing to declare large sums of foreign currency at the Murtala Muhammed International Airport in Ikeja, Lagos.
According to a statement released on Saturday, October 11, 2025, by the EFCC’s Head of Media and Publicity, Dele Oyewale, the Lagos Zonal Directorate 2 initiated the probe following the suspects’ arrest by officials of the Federal Airports Authority of Nigeria (FAAN) during a routine security check.
The travelers, who arrived from Dubai via Addis Ababa and were connecting to Abuja, were found in possession of undeclared cash totaling $6,180 and £53,415.
After their arrest, FAAN officials handed them over to the Department of State Services (DSS), which later transferred the suspects to the EFCC for further investigation and possible prosecution. Three mobile phones were also recovered as exhibits.
The EFCC confirmed that the suspects and the seized items were received by CSE Margaret Lamai on behalf of the Acting Zonal Director, Lagos Zonal Directorate 2, ACE I Ahmed Ghali.
According to the agency, investigations are ongoing to determine the source and intended purpose of the undeclared funds.
