Nigerian Political News Media
Naira swap: EFCC raids three States, as military, NCS set to swoop on oil marketers
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The Economic and Financial Crimes Commission (EFCC) is set to raid new naira note racketeers in key commercial cities including Lagos, Port Harcourt, and Kaduna.
The commission indicated this on Tuesday when it disclosed that it had arrested members of a syndicate of currency racketeers trading in the redesigned naira notes at Zone 4, Wuse and Dei-Dei axis of the Federal Capital Territory, Abuja.
The Abuja suspects were nabbed during an operation to halt the illicit currency trading carried out by the anti-graft agency between Saturday and Monday.
The EFCC spokesperson, Wilson Uwujaren, confirmed the development in a statement on Tuesday.
Findings from EFCC officials showed its operatives had penned down some commercial nerve centres in Lagos, Port Harcourt, and Kaduna, where currency hawkers are having a field day.

Meanwhile, the Nigerian military officials have openly warned major oil marketers in the country they to desist from hoarding fuel and tormenting the lives of motorists. The warning is coming on the heels of reports that a Presidential order might have been given to the military, the Nigeria customs Service, among others, to step up action on oil marketers as a move to end the suffering caused by what is widely considered artificial scarcity of the product.

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