Currency Mutilation: Offenders Risks Jail As CBN Introduces Mobile Courts

Yemisi Izuora 

As part of measures to preserve the local currency, the Central Bank of Nigeria planning introduction of mobile courts across the country to try people that mutilate or trade the Naira in parties or any place.

Mr Isaac Okoroafor who represented the Governor of CBN Mr. Godwin Emefiele at their special day yesterday during the ongoing International trade fair in Lagos, said CBN is working with the police and other security agencies like Nigeria Security and Civil Defence Corps (NSCDC) to arrest all that indulge in this act.

Stressing further he said that Judiciary is also working to set up mobile courts to give immediate judgement to any offender.

Speaking further Okoroafor said that “it is an offense for anybody to sell or squeeze the Naira, spray or dance on it in parties”, adding that some people have customized guns to spray the Naira, and that it is only in Nigeria that this act takes place.

He therefore advised that Nigerians should have respect for the Naira, keep it clean and avoid going to jail.

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