Home Peace & Security IGP Orders Arrest, Prosecution of Sellers of New Naira Notes  

IGP Orders Arrest, Prosecution of Sellers of New Naira Notes  

- Tasks supervising AIGs, CPs on Enforcement of CBN Act

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The Inspector-General of Police, IGP Usman Alkali Baba has ordered the Deputy Inspector-General of Police in charge of the Force Criminal Investigations Department and the Assistant Inspector-General of Police (AIG) 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.

The order is contained in a statement, Friday, by the Force Public Relations Officer, CSP Olumuyiwa Adejobi.

According to the statement, the IGP has also charged all supervisory AIGs 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 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 IGP 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.

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