The Economic and Financial Crimes Commission (EFCC) set up a Special Task Force in different parts of the country to fight against the problems caused by using dollars in the economy.
In a statement released, the EFCC said it had asked owners of private universities and other higher education institutions in Nigeria that charge fees in dollars to come for questioning.
In Kaduna, the EFCC’s local command arrested three people suspected of being involved in illegal currency activities.
The EFCC formed this Special Task Force to deal with issues like altering Nigerian currency and making the economy rely too much on dollars.
The chairman of the EFCC, Ola Olukoyede, spoke about this when he started the task force in Abuja.
The EFCC mentioned that they had already arrested some people in Lagos and Port Harcourt for using dollars in transactions and damaging the Nigerian currency, but they didn’t say how many.
Dele Oyewale, who speaks for the EFCC, said that some people were arrested for suspected illegal currency activities.
He named the suspects as Musa Gideon, Abdul Seidu Adamu, and Justine Musa. They were arrested in Kaduna on February 7, 2024, while trying to sell new Nigerian currency notes to someone who turned out to be an undercover EFCC agent.
During the operation, the EFCC agent managed to arrest the three suspects who were selling both new and old Nigerian currency notes, along with many ATM cards, totaling N1,307,400 (One Million Three Hundred and Seven Thousand, Four Hundred Naira).
The suspects will face charges in court once the investigations are finished.
