The Rivers Police Command has warned those involved in the sales of naira notes or defacing same, to desist or face the full weight of the law.
Mr Nnmadi Onmoni, the command’s spokesman, told the News Agency of Nigeria (NAN) in Port Harcourt on Thursday that it was illegal to sell Naira notes or spray people with same at social events.
The spokesman, who was reacting to the alleged resumption of sale of Naira notes in Port Harcourt, said that only financial institutions had the constitutional right to trade in money.
Omoni, a Deputy Superintendent of Police (DSP), also said it was illegal to write on the country’s currency note or deface it.
The spokesman recalled that the Central Bank of Nigeria (CBN) officials, Directorate of State Security (DSS) and the police had, in a joint operation in January, arrested 13 women engaging in the illegal business.
“The relevant laws forbidding the sale of Naira notes, among similar offences, have not been repealed,” he said.
NAN reports that the illegal business is thriving at Garrison bus-stop, Rumukwurushi and Rumuokoro areas of Port Harcourt metropolis. (NAN)
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