NSCDC RAISES CONCERNS OVER FAKE REDESIGNED NAIRA NOTES IN CIRCULATION

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The Nigeria Security and Civil Defence Corps (NSCDC) has raised concerns over the preponderance of fake redesigned naira notes in circulation,

Addressing journalists in Abuja on Sunday, the Commandant-general of the corps, Ahmed Audi said that the number of cases of circulation of fake naira notes had become worrisome. He promised to continue to arrest those people involved in the production and circulation of the fake notes.

According to him, the corps had arrested and seized fake naira notes worth millions from members of syndicates in different states in less than a month,

The CG said that in the course of interrogation, it was deduced that most of the alleged fraudsters took advantage of the low circulation of the redesigned naira notes to massively produce counterfeit notes.

He was confident that the arrested of the syndicates will help fish out more criminals who have decided to take advantage of the economic situation in the country to scam the people.

Mr Audi, therefore advised citizens to avoid being victims of fraudsters by ensuring they transact with banks, most especially when large sums were involved.

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