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EFCC Applauds Nigerians for Handling Naira with Decorum, Secures 50 Convictions in 2024

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The Economic and Financial Crimes Commission (EFCC) has lauded the sanity and decorum Nigerians have shown in handling the Naira, News About Nigeria reports.

The EFCC’s Chairman, Ola Olukoyede, made this known while speaking in Abuja on Monday.

He noted that the Commission has been able to enforce decorum in the way the Nigerian currency is being handled, adding that it remains one of the core responsibilities of the EFCC.

Olukoyede, who noted this while the Senate Committee Chairman on Anti-Corruption and Financial Crimes, Senator Emmanuel Udendeon was on an oversight and pre-budget presentation visit with other members of the Committee to the corporate headquarters of the EFCC, also stated that currency racketeering and dollarisation is an act of economic sabotage.

He disclosed that the Commission has convicted over 50 persons for currency racketeering and dollarisation of the Nigerian economy in 2024 alone.

He stated, “I would also like you to know that part of the economic sabotage is in the area of currency racketeering and mutilation and the dollarization of our economy. There is no country in the world that doesn’t regard its currency as a legal tender.

“We must respect the Naira. As I am talking to you now, our Special Task Force is all over the place and we have brought some sanity in the handling of the national currency. People are still committing the crime, I am aware of that. This year alone, we have procured over 50 convictions on it.”

Worthy of note is also the ongoing ordeal of popular cross-dresser, Idris Okuneye popularly known as Bobrisky, who is being prosecuted for naira abuse and other offences.