The Acting Director, Currency Operations Department, CBN, Mrs. Priscilla Eleje made this announcement through her representative, Mrs. Olufolake Ogundero, a Deputy Director of the bank, at a public sensitization and enlightenment campaign at Alesinloye market in Ibadan, Oyo State.
She said: “It is a criminal offense punishable by six months imprisonment or a fine of N50,000 or both to sell, spray or mutilate the banknotes. It is also a criminal offense which attracts five years imprisonment without an option of fine for anybody to counterfeit the naira. Naira is our pride as a country. So, respect it.”
She also promised marketers, merchants, shopping malls and supermarkets that CBN will constantly inject large numbers of banknotes into circulation.
Newsguru
She said: “It is a criminal offense punishable by six months imprisonment or a fine of N50,000 or both to sell, spray or mutilate the banknotes. It is also a criminal offense which attracts five years imprisonment without an option of fine for anybody to counterfeit the naira. Naira is our pride as a country. So, respect it.”
She also promised marketers, merchants, shopping malls and supermarkets that CBN will constantly inject large numbers of banknotes into circulation.
Newsguru
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