Economy And Business

Currency Swap: Buhari Issues Directive To CBN, Orders Arrest, Prosecution Of Saboteurs

Advertisement
Advertisement

President Buhari has issued a directive to CBN, ordering the arrest and prosecution of saboteurs of the naira swap currency.

 

NewsOnline reports that President Muhammadu Buhari on Thursday directed the Central Bank of Nigeria, CBN, to intensify collaboration with different anti-corruption agencies in checking the activities of those bent on frustrating the smooth implementation of the currency redesign policy.

 

This online newspaper understands that President Buhari gave the directive while addressing Nigerians on the CBN currency swap policy.

 

ALSO: President Buhari Finally Names Those Frustrating New Naira Policy

 

The President called on the apex bank to ensure that any institution or person(s) found to have impeded or sabotaged the implementation should be made to bear the full weight of the law.

 

The president said: ”I have similarly directed that the CBN should intensify collaboration with anti-corruption agencies so as to ensure that any institution or person(s) found to have impeded or sabotaged the implementation should be made to bear the full weight of the law.”

 

NewsOnline Nigeria reports that this is coming amidst the worsening scarcity of the new Naira notes across the country.

 

Angry citizens piled up pressure on Wednesday, with protests taking place simultaneously across the nation.

Advertisement
NewsOnline Nigeria

Recent Posts

  • Headline

BREAKING: President Tinubu Issues Fresh Directive To Ondo Political Stakeholders

President Tinubu has issued a fresh directive to Ondo Political Stakeholders.   NewsOnline Nigeria reports…

6 hours ago
  • Headline

BREAKING: NJC Recommends 36 Candidates For Appointment To State Governors (FULL LIST)

NJC has recommended 36 candidates for appointment to state governors.   NewsOnline Nigeria reports that…

6 hours ago
  • Economy And Business

BREAKING: Naira Scarcity Hits FCT,  Bauchi, Borno, Kaduna, Kano Others (FULL LIST)

Naira scarcity has hit FCT,  Bauchi, Borno, Kaduna and Kano among other states.   NewsOnline…

6 hours ago
  • Tech

Google Rolls Out Theft Protection Feature For Android (DIY VIDEO)

Google has rolled out a theft protection feature for Android.   NewsOnline Nigeria reports that…

6 hours ago
  • Top Stories

Bloggers Blackmailing Agbaje Denied Bail Due To History of Being Serial Offenders

Bloggers blackmailing Agbaje have been denied bail due to a history of being serial offenders.…

6 hours ago
  • Headline

BREAKING: President Tinubu Makes Four Crucial Appointments (FULL LIST)

President Tinubu made four new crucial appointments.   NewsOnline Nigeria reports that President Bola Tinubu…

11 hours ago