Global Upfront Newspapers
Breaking NewsBusinessCoverEducationLifeNews

EFCC Raises Special Task Force Against Dollarization of Economy, Mutilation of Naira, Arrest Some Perpetrators

  • Invites private universities, businesses and other institutions charging fees in dollars

The Economic and Financial Crimes Commission (EFCC) on Wednesday announced the institution of a Special Task Force in all its Zonal Commands for the enforcement of extant laws against currency mutilation and dollarization of the economy.

EFCC Spokesperson, Dele Oyewale, said in a statement that “the Task Force, inaugurated by the Executive Chairman of the Commission, Ola Olukoyede, was raised to protect the economy from abuses, leakages and distortions exposing it to instability and disruption.”

Already, Oyewale said, “the Commission has made some arrests  of perpetrators of issuance of invoices in dollars and mutilation of the Naira in Lagos and Port Harcourt.” 

The EFCC Spokesperson also announced that “proprietors of private Universities and other institutions of higher learning charging fees in dollars have been invited by the Commission.” 

The stateement noted that “the Commission is committed to the enforcement of all laws in place for the reflation and stimulation of the economy.”

Advertize With Us

See Also

Coalition demands FG’s immediate evacuation of Nigerian traders in Ghana

Global Upfront

IPOB Shelves Sit-at-home Tomorrow Thursday As Court Reschedules Nnamdi Kanu’s Court Appearance To June 28

Global Upfront

Landlord’s son beats tenant to death in Ondo

Global Upfront

Buhari Visits Kigali Rwanda Genocide Memorial, Urge Nigerians To Embrace Peace, Flays Genocide

Global Upfront

Buhari assures on restoration of security in Northeast, other parts of Nigeria following new strategies, equipment acquisitions

Global Upfront

USAID Partners With Standards Organization Of Nigeria To Reduce Lead Poisoning And Protect Nigerian Children

Global Upfront

This website uses Cookies to improve User experience. We assume this is OK...If not, please opt-out! Accept Read More