Fake Naira notes are in circulation – NSCDC

The Nigeria Security and Civil Defence Corps (NSCDC) has raised an alarm of fake redesigned Naira notes being in circulation.

Commandant-General of the corps, Ahmed Audi, who stated that this has become worrisome, vowed to ensure the prosecution of all those involved.

Audi further disclosed that in less than a month, the corps had arrested and seized fake Naira notes worth millions from members of syndicates in different states in the country.

The NSCDC Commandant-General who advised Nigerians to deal with banks especially when large sums are involved, added that the fraudsters took advantage of the low circulation of the redesigned Naira notes to massively produce counterfeit notes.

The NSCDC Commandant-General said;

“Many innocent Nigerians must have fallen victims to their scheme while they collected bank money transfers and exchange of foreign currencies.

“The arrest of this syndicates will help us fish out more criminals who have decided to take advantage of the economic situation in the country to scam people.”