The Central Bank of Nigeria on Friday has warned Nigerians against abusing the naira notes.
The apex bank said that anyone caught abusing the naira would be prosecuted and if convicted the person risked six months in jail fine of N50, 000.
An official of the Currency Operation Department of the CBN in Abuja, Mr. Samuel Shuaibu, disclosed this in Calabar, Cross River State, during the commencement of a ‘CBN Fair’ to sensitise campaign for residents in the state on the appropriate use of the naira.
The fair had the theme: Promoting Financial Stability and Economic Development.
Shuaibu said that the abuse of the naira was not in line with the CBN’s policy, adding that offenders would henceforth be arrested and prosecuted.
According to him, the awareness programme was aimed at sensitising the public on the need to accord respect to naira, online transfer system, how to identify fake currency notes, how to approach the CBN for complaints amongst others.
No comments:
Post a Comment