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Fake Naira Notes In Circulation, CBN Warns Nigerians

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The Central Bank of Nigeria has warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the country.

In a statement released on Friday titled ‘Beware of Counterfeit Naira Banknotes in Circulation,’ the apex bank advised Deposit Money Banks, Financial Houses, Bureau de Change, and the public to be vigilant and implement necessary precautions.

The Central Bank assures the public that it is working with law enforcement operatives to apprehend those responsible for circulating counterfeit currency.

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READ ALSO: NJC Sacks Osun Judge, Rejects Adeleke’s Request To Suspend CJ

The statement, in part, said, “The attention of the Central Bank of Nigeria (CBN) has been drawn to the circulation of counterfeit banknotes, significantly higher denominations, by some individuals for transactions in food markets and other commercial centers across major cities in the country.

“For the avoidance of doubt, Section 20(4) of the CBN Act (2007) as amended, states that: “It shall be an offense punishable by a term of imprisonment of not less than five years for any person to falsify, make or counterfeit any bank note or coin issued by the Bank which is legal tender in Nigeria.”

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“The CBN is constantly collaborating with relevant security and financial agencies to confiscate fake Naira banknotes and arrest and prosecute counterfeiters. Members of the public are also encouraged to report anyone suspected of having counterfeit naira notes to the nearest police station or branch of the Central Bank of Nigeria.

READ ALSO: Why I Invited Pasuma, Portable For Church Performance – Cleric Breaks Silence

“Meanwhile, all Deposit Money Banks, Financial Houses and Bureau de Change and the general public are enjoined to be more vigilant and take all necessary precautionary measures to curtail the acceptance and distribution of counterfeit notes,” the statement reads.

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Kwara Traditional Ruler Kidnapped On His Farm

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Gunmen have reportedly abducted a traditional ruler in Bayagan community in the Ifelodun Local Government Area of Kwara State, Ojibara of Bayagan Oba Kamilu Salami, on Saturday.

It was gathered that the traditional ruler was kidnapped Saturday morning on his farm, while details of the incident were still sketchy.

READ ALSO:JUST IN: Again, Terrorists Storm Kwara Community, Kidnap Pregnant Woman, 10 Children, Others

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Eyewitness disclosed that the attack happened suddenly and left the community in apprehension and confusion. Meanwhile, the incident had triggered fresh concerns over cases of insecurity across the country.

The Kwara State Police command was yet to confirm the incident as at when filing this report.

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Sokoto Police Arrest Suspected Cultists, Uncover WhatsApp Recruitment Channel

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The Sokoto State Police Command has arrested three suspected members of the notorious “Sai Malam” cult group, believed to be behind rising criminal activities in parts of the state.

The suspects, including the alleged gang leader Usman Shu’aibu, were apprehended on Friday during an intelligence-led operation executed by the command’s Anti-Kidnapping Unit.

According to the Police Public Relations Officer, DSP Ahmad Rufa’i, the suspects confessed to being initiated into the group through a private WhatsApp platform called Red Chamber.

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The police noted that further investigation discovered the social media channel was created to recruit unsuspecting youths into criminal activities.

READ ALSO:Police Crack Down On Criminal Network In Delta Community, Recover AK-47

These, according to the statement, include ritual practices, the pursuit of supposed demonic powers, acts of homosexuality, and violent thuggery.

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The police warned parents to closely monitor their children’s online activities closely, noting that criminal groups are increasingly exploiting digital platforms to lure vulnerable youths.

Commissioner of Police, Ahmed Musa, said the arrests respond directly to public concerns about the group’s operations, adding that efforts are ongoing to track other fleeing members.

He assured residents of the command’s commitment to sustaining intelligence-driven policing and safeguarding lives and property across the state.

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READ ALSO:Hoodlums Stab Police Officer To Death In Ondo

In other news, two persons suspected to be hoodlums have been arrested by the operatives of the Ondo State Police Command for allegedly stabbing a police officer to death in Akure, the state capital.

The suspects, identified as Shina Jacob, 25, and Felix Olalekan, 32, allegedly attacked the police inspector during an altercation at Oke-Arata within Arakale axis.

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The killing of the police officer came a few days after a personnel of the Nigeria Security and Civil Defence Corps (NSCDC) was stabbed to death by a mentally unstable man in Oba-Ile area of Akure.

According to sources, after the inspector, who was recently transferred from the Anti-Cultism Unit to B-Division, was stabbed, the area was thrown into a state of panic as residents and traders hurriedly fled.

READ ALSO:Police Arrest 26 Over Fake Currency, Adulterated Diesel In Lagos

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While confirming the incident, the Police Public Relations Officer in the state, Olayinka Ayanlade, disclosed that the officer was rushed to the hospital after he was stabbed but gave up the ghost while receiving treatment.

An altercation ensued between the officer and some recalcitrant individuals, during which the officer was tragically stabbed. This unfortunate event triggered an immediate and coordinated police response.

“Acting swiftly, the Commissioner of Police deployed a team of operatives to the scene, resulting in the arrest of two suspects directly connected to the incident. They include Shina Jacob ‘m’ aged 25 years and Felix Olalekan ‘m’ aged 32 years.

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“The injured officer was also rescued and rushed to the hospital; however, despite all efforts, the police inspector sadly passed away while receiving treatment. The follow-up operation conducted last night formed part of the Command’s sustained and strategic efforts to rid the state of violent criminal elements and prevent further breaches of public safety,” Ayanlade stated.”

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Army, Air Force Crush ISWAP Fighters After Failed Chibok Attack

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Troops of the 28 Task Force Brigade, Sector 4 Operation Hadin Kai, on Saturday stopped a major attack by ISWAP/Boko Haram fighters in Chibok, Borno State, before the Nigerian Air Force (NAF) moved in with airstrikes that killed many of the fleeing terrorists.

The report was contained in a post shared on X by security analyst Zagazola Makama.

According to the update, more than 300 terrorists launched a coordinated assault on Chibok around 3:00 a.m., attempting to break through military defensive positions.

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Soldiers responded immediately, engaging the attackers in a fierce gunfight that lasted about two hours.

READ ALSO:Army Releases List Of Shortlisted Candidates For SSC Course

A security source quoted in the post said the troops acted swiftly and professionally.

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There was no casualty on our side, and no equipment was affected,” the source said.

As the terrorists began to retreat toward the Timbuktu Triangle, ground troops called for air support.

NAF combat aircraft were deployed to the route used by the fleeing fighters.

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READ ALSO:NAF Redeploys 25 Senior Officers

The airstrikes, guided by intelligence from the troops on the ground, hit several clusters of terrorists trying to escape.

Multiple waves of strikes were carried out, with both manned aircraft and an unmanned aerial platform targeting groups of fighters dispersing into the forest.

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According to Makama, the combined efforts of the Army and the Air Force dealt heavy blows to the attackers, preventing them from regrouping after the failed offensive.

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