“What We’ll Do To Those Who Sell, Abuse Naira Notes” – Osun Police

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Osun State Police Command has vowed that violators of the rules guiding the spending and exchange of the new Naira Notes will be prosecuted.

the Command, in a statement made available to newsmen through its spokesperson Yemisi Opalola said it has set up a task force that has begun monitoring the POS Operators, filling stations and other places to ensure compliance.

the statement reads:

“In compliance with the Federal Government’s policy and the Inspector-General of Police, IGP Usman Alkali Baba, psc(+), NPM, NEAPS, fdc, CFR, directives to uphold the provisions of the Central Bank of Nigeria Act, 2007 and dignify Nigeria’s currency, the Osun Police Command is using this medium to warn members of the public who are into this unethical behaviour, especially Point of Sales (POS) operators and Filling Stations to jettison such, as the police Command has emplaced an Intelligence unit of the Command to arrest and subsequently prosecute such individuals or groups engaged in the sale or abuse of the Naira notes issued by the Central Bank of Nigeria.

“The Commissioner of Police has equally directed the Area Commanders, and Divisional Police Officers to carry out full enforcement of the provisions of Sections 20 and 21 of the Central Bank of Nigeria Act, 2007 which criminalizes amongst other things, the hawking, selling, trading, spraying, matching, falsifying or counterfeiting of bank notes, refusal to accept the Naira as a means of payment, tampering with the Naira notes issued by the CBN.The Police Command therefore, enjoins members of the public to cooperate with the Police to ensure violators are brought to book.” It concluded