Following a tip-off that some traders at an Abuja suburban were hawking and trading Nigeria's legal tender, the Central Bank of Nigeria, Enforcement Committee on the Abuse of the Naira in collaboration with the FCT Police Command and Department of State Security Services on Friday, 31st May 2019 stormed Dei-Dei to arrest the defaulters. The offence is contrary to Sections 20 and 21 of the CBN Act, 2007.
Briefing newsman, FCT Commissioner of Police, Bala Ciroma, noted that the raid is part of the renewed effort of the Committee to enforce the provisions of the aforementioned Sections of the Act. The act prescribes for the punishment of the offence of selling, buying, spraying and squeezing of the Naira for which, six months imprisonment or an option of N50,000 fine or both are prescribed as a penalty upon conviction. The police boss said that consequent upon the raid, it recorded huge success with the recovery of the total sum of One Million, Nine Hundred and Forty-Eight Thousand Sixty Naira (N1, 948,060) from the six suspects arrested and others at large at Dei-Dei under the bridge.
The enforcement Committee reiterates its unwavering stance and readiness to sustain the raid. The suspects arrested were identified as; Auwal Yunusa 22 years old, Mohammed Auwal 20 years old, Yusuf Shuaibu 31 years old, Suleiman Saidu 38 years old, Usman Ibrahim 24 years old and Mohammed Salisu 24 years old.
