Naira Scarcity: NSCDC Raises Alarm Over Circulation Of Fake Recoloured Notes
The Nigeria Security and Civil Defence Corps (NSCDC) says it will continue to arrest and prosecute those involved in producing and circulating fake redesigned naira notes.
The commandant-general of the corps, Ahmed Audi, told journalists on Sunday in Abuja that the number of cases of circulation of fake naira notes had become worrisome.
He warned perpetrators to desist, adding that the corps would not relent but continue to arrest and prosecute those involved in economic sabotage of the country.
According to him, in less than a month, the corps had arrested and seized fake naira notes worth millions from members of syndicates in different states.
The CG said that while interrogating most of the arrested suspects, it was deduced that the alleged fraudsters took advantage of the...