The police have arrested four illegal currency traders in Abuja and recovered N1.7 million in a joint raid with officials of the Central Bank of Nigeria.
Parading the suspects at the Command headquarters on Friday, the Federal Capital Territory Commissioner of Police, Muhammad Mustafa said the currency traders were arrested for illegal hawking of Nigerian currency at Dei-Dei, Jabi and other locations within the FCT.
This, he said was contrary to Section 20 and 21 of the CBN Act 2007.
Mustafa said the operation was part of renewed enforcement of the provisions of the Act, which stipulated a prison term of six months or N50,000 or both upon conviction for selling, trading or spraying of naira notes.
While promising to sustain the raid of identified areas where the naira is abused, the CP said those arrested would be charged to court at the completion of investigation.
Also speaking, the acting Director, Corporate Communication of the CBN, Isaac Okorafor advised Nigerians to respect the naira.
“Very soon you will start hearing that couples are arrested on their wedding day. Those that spray the naira and walk on it do commit an offence, we’ll have them arrested very soon”, he said.
Meanwhile the the FCT Police Command has cautioned the convener of the proposed nationwide protest, Tuface Idibia against holding the gathering in Abuja.
Mustafa insisted that the musician must obtain a police permit before holding any form of public gathering in the FCT, adding that his command was yet to receive any notification from him.
He said, “The Command wants to advise the convener of such protest to jettison any plan of carrying out the protest on the streets of FCT as it is capable of breaching the peaceful atmosphere.
“The conveners of the protest are also enjoined to adopt legal and legitimate means to register their protest instead of taking over streets of the FCT, which would not be accepted by this command.”