Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Tinubu To Address NASS Joint Session On Democracy Day

    June 8, 2025

    Nollywood Needs Structure – Omotola

    June 7, 2025

    Coco Gauff Beats Sabalenka To Win First French Open

    June 7, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Tinubu To Address NASS Joint Session On Democracy Day
    • Nollywood Needs Structure – Omotola
    • Coco Gauff Beats Sabalenka To Win First French Open
    • Hajj: Fire Guts Hotel Housing 480 Nigerians In Mecca
    • Darey Art Alade’s Car Completely Burnt On Third Mainland Bridge
    • President Should Stop Appointing INEC Chairman – Groups
    • Commissioners, Lawmakers Decline to Follow Governor Eno to APC
    • Enugu Governor, Mbah Mourns ‘Gwo gwo gwo ngwo’ crooner, Ejeagha
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Sunday, June 8
    • Home
    • Politics
    • Business
    • News
      • World News
    • Sports
    • Interviews
    • Opinion
    • Entertainment
    • Columnists
    • ABOUT US
    TheScrutinyNG
    Home » Olukoyede Commends Nigerians On Improved Behavioural Changes Towards The Naira
    3 Mins Read38 ViewsJune 4, 2024

    Olukoyede Commends Nigerians On Improved Behavioural Changes Towards The Naira

    By Temidayo AkinsuyiJune 4, 2024No Comments38 Views3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has commended the gradual improvement of positive behavioural changes among Nigerians towards the Naira.

    He made the commendation in Abuja on Monday, June 3 2024 during an interview session with the EFCC Radio, 97.3 FM program called the Mandate. He noted that Nigerians are now embracing the fight against Naira abuse the right way as people are now paying attention to what they have taken for granted despite the level of resistance at the beginning.

    Olukoyede, who spoke through the Spokesperson of the Commission, Assistant Commander of the EFCC, ACE I Dele Oyewale stated that the Naira is our country`s identity, symbol and legal tender within the territorial integrity of Nigeria, adding that all hands must be on deck to protect the honor and sanctity of the system as commendable changes have been achieved across the economy.

    “If you go to parties, nobody is abusing the Naira as it used to be because people know that it is no longer business as usual, people are now paying attention to what they have taken for granted, they now study the law of the land. So, we should applaud the courage of the Executive Chairman for choosing to restore the sanctity of our identity. We are carrying out this mandate by ensuring that laws that are already in place are duly obeyed and it takes courage to do this because attacks are coming left, right and center. You can see that we are ahead, people are beginning to come to terms with the laws. Right now, we have got close to 50 convictions in this regard” he said.

    When asked about what law backed the Commission on the abuse of Naira, the EFCC boss pointed out Section 7, Sub Section 2 of the EFCC Establishment Act 2004 empowers the EFCC to coordinate and enforce all laws regarding economic and financial crimes. “Section 21 of the CBN Act also forbids currency abuse and the Central Bank of Nigeria has come out to advice Nigerians against the stapling, counterfeiting, selling, buying, spraying, writing, tearing, and mutilation of the Naira note. In fact, even if you reject the Naira, it is a crime and the likely penalty is stated in the CBN Act: an imprisonment of nothing less than six months or fine of N50,000 or both, so ignorance of the law is not an excuse”, he said.

    When asked about the sensitization measures to enlighten Nigerians, he said that the rigorous campaigns of the Commission are progressive and it will continue, stressing that, “those who do not know will soon know as the Commission is employing all stakeholders in all sectors to pass the message down to the grassroots using all forms of media”.

    “Our publicity strategy is very broad and fully- integrated. It covers the broadcast, print and social media online. Messages are also relayed locally in different languages because we want to penetrate the grassroots. So, a lot is going on and more will be done”, he said.

    Author

    • Temidayo Akinsuyi
      Temidayo Akinsuyi

      View all posts
    EFCC Mr Ola Olukoyede
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Temidayo Akinsuyi

    Related Posts

    Featured

    Tinubu To Address NASS Joint Session On Democracy Day

    June 8, 2025
    Culture & Tourism

    Hajj: Fire Guts Hotel Housing 480 Nigerians In Mecca

    June 7, 2025
    Featured

    Commissioners, Lawmakers Decline to Follow Governor Eno to APC

    June 7, 2025
    Crime

    Court Jails Nine Chinese Nationals For Financing Terrorism

    June 5, 2025
    Education

    Trump Announces Visa Ban On Foreign Students Attending Harvard University

    June 5, 2025
    Featured

    Anambra Guber: INEC Publishes Final List Of Candidates

    June 5, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Editor's Picks

    Tinubu To Address NASS Joint Session On Democracy Day

    June 8, 2025

    Nollywood Needs Structure – Omotola

    June 7, 2025

    Coco Gauff Beats Sabalenka To Win First French Open

    June 7, 2025

    Hajj: Fire Guts Hotel Housing 480 Nigerians In Mecca

    June 7, 2025
    Latest Posts
    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Scrutiny. Designed by Design Streams.

    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.