The fight against trading in mint currency and abuse of the naira at events has gained prominence, as the Central Bank of Nigeria’s (CBN) Bankers Committee has mulled a mobile court to try offenders.
The advanced move, in collaboration with the Nigeria Police Force and the Federal Ministry of Justice, is aimed at reducing the huge costs incurred yearly from minting and replacement of bad notes.
The Managing Director and Chief Executive Officer of FSDH Merchant Bank Limited, Mrs. Hamda Ambah, told newsmen yesterday in Lagos that they were putting everyone on notice to modify behaviours and avoid the wrath of the law.
“We will increase awareness on the handling of the currency.
We will not want anyone to be caught on the wrong side of the law.
Whether the court begins tomorrow or next year, the most important thing is for you to desist from trading in naira and abusing it,” she said.