RE: MISLEADING CLAIMS REGARDING EXTORTION OF MOTORISTS BY LAGOS STATE TASKFORCE – YET-TO-BE-IDENTIFIED SECURITY OPERATIVES: ANOTHER CASE OF MISTAKEN IDENTITY. (PHOTO). #PRESS RELEASE.

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 RE: MISLEADING CLAIMS REGARDING EXTORTION OF MOTORISTS BY LAGOS STATE TASKFORCE – YET-TO-BE-IDENTIFIED SECURITY OPERATIVES: ANOTHER CASE OF MISTAKEN IDENTITY The Lagos State Taskforce wishes to address a misleading narrative circulating on social media, particularly in a viral video shared by protesters and concerned groups who recently demonstrated at the Lagos State House of Assembly. The protest was in response to the alleged extortion of motorists by security operatives, yet to be identified, who are not officials of the Lagos State Environmental and Special Offences Unit. We categorically state that the Lagos State Taskforce had no involvement in the said incident. Our enforcement teams are led by seasoned, well-trained, and highly disciplined senior officers who are far too professional and educated to jeopardise their ranks, integrity, and years of service for personal gain. For clarity, our agency does not operate on BRT corridors, nor were any of our personnel deployed to...
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CBN ALERTS NIGERIANS ON FAKE NAIRA NOTES IN CIRCULATION. (PHOTOS).#PRESS RELEASE

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There are fake Naira notes in circulation, CBN alerts Nigerians


The Central Bank of Nigeria, CBN, today alerted banks and Nigerians to beware of counterfeit bank notes, especially higher denominations now spent in food markets and other commercial hubs in the country.


According to Apex Bank, it is an offense punishable by imprisonment for any person to falsify, make, or counterfeit any bank note or coin issued by the CBN.


CBN disclosed this in a statement signed by its Acting Director, Corporate Communications, Mrs. Sidi Ali, Hakama.


CBN said, “The attention of the CBN has been drawn to the circulation of counterfeit banknotes, especially higher denominations, by some individuals for transactions in food markets and other commercial centres 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 5 years for any person to falsify, make, or counterfeit any bank note or coin issued by the Bank which is legal tender in Nigeria.


“The CBN is in constant collaboration with relevant security and financial agencies to confiscate fake Naira banknotes, 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, branch of the CBN or via contactcbn@cbn.gov.ng.


“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.


“Furthermore, the general public is encouraged to embrace alternative modes of payment, e-channels, for day-to-day transactions to mitigate the risk of spreading counterfeit banknotes.

One more photo below. 

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