EFCC’s Call to Action Against Naira Abuse
The Economic and Financial Crimes Commission (EFCC) has taken a bold step by engaging key stakeholders, including entertainers, in a sensitization program aimed at curbing the abuse of the Naira. The initiative highlights the importance of preserving the national currency’s integrity.
National Symbol at Risk
EFCC’s Executive Chairman, Ola Olukoyede, stressed the Naira’s role as a symbol of national sovereignty, urging collective efforts to protect it from practices like spraying and mutilation at social events.
Enforcement and Awareness
With the Central Bank of Nigeria, the EFCC has intensified campaigns against Naira abuse, including prosecuting offenders and debunking cultural justifications for such practices.
Creative Industry’s Role
Entertainers are encouraged to use their platforms to promote proper Naira handling, reinforcing the message that its abuse is a criminal offense with significant economic repercussions.
Commitment to Economic Reform
The EFCC reaffirms its support for the Tinubu administration’s economic agenda, utilizing recovered assets for social investment and development projects across Nigeria.