The Nigeria Security & Civil Defence Corps (NSCDC) has arrested one Oluchi Faith Imo for hawking N398, 500.00 naira notes in Awka, Anambra state.
It is criminal to hawk naira notes.
The arrest of the 25-year old was made around Dike Motor Park, in the state capital during a raid on street hawkers of the notes by NSCDC and officials of the Central Bank of Nigeria.
NSCDC Commandant in the state, Mr David Bille, in a chat with newsmen stated the exercise was aimed at forestalling illicit sales of the country’s currency notes.
Bille said: “A female suspect Oluchi Faith Imo, aged 20years was arrested by my personnel with a total sum of N398, 500.00 consisting of various denominations which she displayed waiting for customers.
“The clampdown on the naira vendors and sellers is hinged on the CBN’s Act, Sections 20 and 21 that make it a punishable offense for any individual or group of people to hawk, sale or otherwise trade in the naira notes, coins or any note issued by the CBN.
“We have commenced full investigations into the matter to ascertain the source of the naira notes and once we are through, the suspect will be charged to court.”
