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The Central Bank of Nigeria warned has said that those abusing the naira notes were liable to go to jail.
Principal Manager, Currency Operations Department at the CBN, Ngozi Etim, stated that the law banning the spraying’ and stepping on the naira notes, was still in force and offenders were liable to six months imprisonment or a fine of N50,000.
Etim revealed that the CBN was working with the police, the Federal Inland Revenue Service, the Economic and Financial Crimes Commission and the Nigerian Financial Intelligence Unit to curb the abuse.
The Manager, however, added that the envelope remained the best and acceptable means of extending goodwill at events.
The Independent National Electoral Commission, INEC, has revealed that 205,127 eligible voters in Ekiti State are yet to collect their permanent voter cards. State Resident Electoral Commissioner, Ayobami Salami, urged owners of the PVCs to go to the INEC offices in their local government areas to pick their cards. Salami noted that the exercise would devolve to registration areas from January 6, 2023 till January 15, 2023. INEC had approved […]
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