Police Nabs 7 Persons Suspected To Be Involved In New Naira Notes Trade

Men of the Nigeria Police Force were alive to their responsibility following the arrest of seven people involved in selling new Naira notes in Anambra state, Southeast Nigeria.

Trading newly minted naira notes is an offence that attracts six months imprisonment and seven suspects are now in police net for trading and hawking newly minted naira notes in Onitsha, Anambra state.

According to the State Commissioner of Police, Mr. Garba Umar, the Central Bank of Nigeria, CBN, has raised alarm over the illegal activity going on for a while now unchecked and calls for swift action to arrest the culprits who even brazenly display them in public as a product.

Garba while addressing the press over the matter cites sections 20 and 21 of the CBN Act that makes it an offence for anyone to sell or hawk naira or coin issued by the Central Bank of Nigeria, cautions citizens to desist from abusing the naira and says those arrested will be prosecuted.

At the Anambra State Police Headquarters in Amawbia, seven suspects have been paraded by the police for illegal trading and hawking of newly minted notes in Onitsha. The police upon arresting the suspects on December 21st also recovered over four million naira newly minted notes.

Mr. Garba stated that seven people were with two at large, who are neck-deep in the activity and says they will be prosecuted. One of the suspects speaking on his involvement in the nefarious activity says he does not know the source of the newly minted notes as he buys from a dealer.

Festive periods always come with activities with people engaging in free spraying of money which may warrant one looking for newly minted money, the Commissioner of Police says the CBN is serious with ending the illegality of people trading on naira and anybody found engaging in the business will be prosecuted, adding that aggressive investigation is going on to find out who is the source of the distribution of the newly minted money either from the bank or wherever.

Lindaikeji

Comments

#RamadanDailyDigest: What You Should Tell Troublemakers While Fasting

Today's Ramadan Daily Digest comes with another scintillating topic titled what you should tell troublemakers while fasting, as Ramadan fasting enters Day 13. It is important that as a fasting Muslim, first of all, you should not create problems for others or yourself at all times, as you should know what you should tell troublemakers while fasting, in order to have all the rewards of Ramadan and not just putting yourself under hunger and thirst, which means a nullity in fasting. READ THIS TOO: Fasting For 18 Hours Isn't A Joke What the above paragraph is explaining likewise is that you, as a fasting Muslim should not be a troublemaker by causing problems with your tongue during Ramadan fasting. It is important to add quickly that whether before, during or after Ramadan, you should not cause rancour among people. In some instances, people who dare not talk to you with disgust might want to tease you as they know you are fasting. Therefore, you should know what to tell troublem...

7 Greatest Sportsmen Of All Time

There are often arguments and counterarguments on who the 7 greatest sportsmen of all time are. Some sports historians, analysts, and supporters pick their own choices not necessarily on facts but emotions. In picking the 7 greatest sportsmen of all time, I briefly checked their achievements not just in their specific fields but also their impact outside the world of sports. 1. Boxing legend, Muhammad Ali has been crowned the best sports athlete of all time in a star-studded list. The 'Greatest' is widely considered the best boxer in history and arguably the most iconic sports star of the 20th century. Ali was not just a beauty to watch in the boxing ring, the greatest pugilist positively influenced decisions in many countries globally. 2. Pele is widely picked as the winner, and number one football player in history in all criteria. His three-time World Cup-winning feat, from four World Cup appearances, is unlikely to be matched. Pele scored a Guinness World Record of...

#RamadanDailyDigest: Significance Of Moonsighting & Commencement Of Ramadan

Ramadan Daily Digest, which is an annual article on the stable of Naijaloveinfo with hashtag, #RamadanDailyDigest will be discussing briefly the significance of moonsighting and the commencement of Ramadan. Ramadan, which is the ninth month in the Islamic calendar is the only month in which Muslims, the world over fast from dawn till sunset for 29 or 30 days. Allaah commands Muslims to fast as stated in some parts of Suuratul Baqara (chapter 2) of The Glorious Qur'an. The Glorious Qur'an is the first and most important book to all Muslims. For all the Islamic months, starting from Muharram (first month) to Dhul Hajj (12th month), the numbers of days in each of these 12 months are often 29 days and once in a while 30 days. The interesting thing about counting days is that the crescent (new moon) plays an important role. Therefore, the significance of moonsighting is the first consideration before starting the Ramadan fasting. The question that could come up is why do Muslims co...

Naijaloveinfo

Search This Blog