Police to Begin Enforcement Against Hawking of New Naira Notes

This was stated in a statement released on Friday in Abuja by CSP Olumuyiwa Adejobi, the Force Public Relations Office.

Usman Baba, the Inspector-General of Police (I-G), has directed that the CBN Act, 2007, which makes it illegal to hawk and sell naira notes, be fully enforced. 

All those involved in the sale or misuse of the Naira notes issued by the CBN were to be detained and charged, according to his instruction. 

The hawking, selling, or other forms of trade on naira notes are among the offenses that are prohibited by Sections 20 and 21 of the CBN Act, 2007, according to Baba.

He directed all supervisory Assistant Inspectors-General of Police and Commissioners of Police in charge of Commands and Formations to carry out the full enforcement.

The IGP also mandated that the Force Criminal Investigations Department and Force Intelligence Bureau officers and personnel be placed on high alert. 

He gave the order to be carried out by the Assistant Inspector-General of Police in charge of the Force Intelligence Bureau and the Deputy Inspector-General of Police in charge of the Force Criminal Investigations Department. 

He claims that the order advances the Federal Government’s goals of upholding the CBN Act’s 2007 provisions and elevating the value of the Naira. 

He reaffirmed that all laws and regulations must be enforced by the Nigeria Police Force, without regard for the enabling Acts of other security agencies.

Baba urged the general populace to assist the Nigeria Police Force in the prosecution of offenders of the CBN Act.