NSCDC, CBN Arrest Naira Notes Vendors In Ibadan

NSCDC, CBN Arrest Naira Notes Vendors In Ibadan

The Oyo state Command of the Nigeria Security and Civil Defence Corps (NSCDC), and official of the Central Bank of Nigeria (CBN), on Friday, arrested ten suspects in connection with illegal sale of Naira notes in Ibadan.

State Commandant of the NSCDC, Mr. John Adewoye, while parading the suspects at the Command’s headquarters in Ibadan, said the arrested persons, who were arrested during a raid on illegal Naira notes vendors, were apprehended between Thursday and Friday.

The suspects, he said, include: Dotun Wahab 34, Kunle Oladipupo 35, Tijani Abiodun 32, Eniola Saheed 22 and Olanrewaju Adepoju 35.

Others are: Obisesan Olalekan 31, Gbenga Omowaye 40, Samson Ojewola 24, Akintola Gboyega 31 and Anifat Abiodun 38. Among them were nine males and a female.

Adewoye, who declared that investigations have commenced on the matter to ascertain the source of the Nara notes, remarked that a total sum of N1,010,40 was recovered from the suspects.

The Central Bank of Nigeria (CBN) had earlier warned citizens from selling or trading the notes at party and public places. The arrest of the suspects, the regulatory authority said it is in consolnate with Section 20 of the CBN Act which empowered the apex bank to go against counterfeiting, hawking, selling or trading of the Naira notes, coins or any other note.

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