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Home News World News

Naira Notes: CBN To Prosecute Abusers, Establish Mobile Courts

Stanley Uhegbu by Stanley Uhegbu
June 11, 2021
in World News
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CBN Logo Photo Credit: @cenbank Source: Twitter

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The Central Bank of Nigeria, CBN, says it has concluded plans to open mobiles courts across the country to prosecute persons who abuse the Naira notes.

Spokesperson of CBN, Isaac Okorafor, disclosed this in a statement on Thursday.

Isaac, who warned Nigerians against spraying the notes in parties said defaulters would be jailed for not less than six months with the option of a N50,000 fine.

He called on law enforcement agencies to arrest offenders and take them to court, adding that collaboration with the police will intensify as they move to implement the mobile court for offenders.

Isaac, also explained that people can be arrested anywhere they were caught abusing the naira and may go to jail from there.

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