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Naira Redesign: Trouble for Bankers as SSS Swings into Action, Arrest Those Selling New Notes

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January 30, 2023
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Naira Redesign: Trouble for Bankers as SSS Swings into Action, Arrest Those Selling New Notes
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Those selling the new naira notes have been warned to desist from such acts by the State Security Services (SSS).

In a statement issued on Monday, January 30, the spokesperson for the SSS, Peter Afunanya, said that the secret police has arrested some members of an organised syndicate selling the new naira notes across the country.

While the SSS did not expose those arrested, Afunanya said the secret service would go after those involved in the sale of the newly redesigned naira.

He added that in the course of its operations, the SSS discovered that some Commercial Bank officials are aiding the economic malfeasance.

He said:

“Consequently, the Service warns the currency racketeers to desist from this ignoble act. Appropriate regulatory authorities are, in this same vein, urged to step up monitoring and supervisory activities to expeditiously address emerging trends.

Read also

BREAKING: CBN extends deadline for swapping of old to new naira notes, announces new date

“It should be noted that the Service has ordered its Commands and Formations to further ensure that all persons and groups engaged in the illegal sale of the notes are identified. Therefore, anyone with useful information relating to this is encouraged to pass the same to the relevant authorities”.

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New naira Notes: Finally Buhari Explains How CBN, Emefiele is Working to Ensure Nigerians Don’t Suffer

President Muhammadu Buhari said that the Central Bank of Nigeria (CBN) led by Godwin Emefiele, is working to ensure a wide distribution of the new redesign naira notes.

A statement signed by Garba Shehu, the presidential spokesperson on Saturday, January 28, said that there is ongoing improvement in the process of distributing the new notes by the apex bank.

President Muhammadu Buhari said the CBN is working to assure a hitch-free distribution of the new naira notes.

Read also

BREAKING: Emefiele meets Buhari in Daura, fresh details emerge

Shehu said that the decision to redesign the naira notes was aimed at addressing the hoarding of illicit funds across the country.

Naira redesign: Atiku wades in, drops his 2 cents on January 31 deadline in new video

Meanwhile, Atiku Abubakar of the Peoples Democratic Party (PD) called on the governor of the Central Bank of Nigeria to extend the deadline for the collection of old naira notes.

The flag bearer of the PDP said that the new monetary policy has brought untold hardship on many Nigerians.

According to Atiku, an extension of the deadline will address the hardship faced by many Nigerians.

Source: calabargistblog.com.ng

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