EFCC Vows to Investigate and Prosecute Anyone Involved in Naira Abuse

The Economic and Financial Crimes Commission (EFCC) has said it will arrest and prosecute anyone who abuses the naira, stating that its task force against naira abuse and dollarisation of the economy started operations on February 7 this year.

The Commission, in a statement on its X account on Sunday, affirmed that investigations were ongoing with regard to videos making the rounds where Nigerians were seen at different times abusing the naira.

This post comes amid a series of commentaries against the Commission, particularly on the arrest and consequent conviction of a controversial crossdresser, Idris Okuneye, also known as Bobrisky.

Okuneye was arrested on the basis of spraying money at different times which falls under the abuse of the national currency and was therefore sentenced to six-month imprisonment with option of no fine last Friday.

This has led to people on the internet exhuming videos where Nigerians were flagrantly abusing the naira, calling the attention of the EFCC to make an arrest.

The Commission, however, noted that by digging out old videos of cases of naira abuse, the public is becoming more aware of the law that negates such acts, urging Nigerians for more collaborative efforts to sustain the momentum