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Home News

EFCC to raid Lagos, Kaduna, P’Harcourt currency hawkers

JEO report by JEO report
February 1, 2023
in News
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EFCC to raid Lagos, Kaduna, P’Harcourt currency hawkers
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Indications have emerged that the Economic and Financial Crimes Commission is set to raid new naira note racketeers in key commercial cities including Lagos, Port Harcourt, and Kaduna.

The commission indicated this on Tuesday when it disclosed that it had arrested members of a syndicate of currency racketeers trading in the redesigned naira notes at Zone 4, Wuse and Dei-Dei axis of the Federal Capital Territory, Abuja.

The Abuja suspects were nabbed during an operation to halt the illicit currency trading carried out by the anti-graft agency between Saturday and Monday.

The EFCC spokesperson, Wilson Uwujaren, confirmed the development in a statement on Tuesday.

Findings from EFCC officials showed its operatives had penned down some commercial nerve centres in Lagos, Port Harcourt, and Kaduna, where currency hawkers are having a field day.

The EFCC planned raids came on the heels of similar raids of currency hawkers and racketeers by personnel of the Department of State Services

The EFCC planned raids came a day after the Governor of the Central Bank of Nigeria, Godwin Emefile, said the apex bank would collaborate with law enforcement agencies such as the EFCC and the Independent Corrupt Practices and Other Related Offences Commission, to track heavy withdrawals.

JEO report

JEO report

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