Oluwo Calls on EFCC to Educate Public Before Arresting for Naira Abuse

Oluwo of Iwo urges EFCC to prioritize public education on naira abuse before arrests, advocating a comprehensive approach to address the issue and promote responsible currency handling.

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Nasiru Eneji Abdulrasheed
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Oluwo Calls on EFCC to Educate Public Before Arresting for Naira Abuse

Oluwo Calls on EFCC to Educate Public Before Arresting for Naira Abuse

The Oluwo of Iwo, Oba Abdulrosheed Adewale Akanbi, has urged the Economic and Financial Crimes Commission (EFCC) to prioritize educating Nigerians about the consequences of abusing the naira before making arrests. The traditional ruler made this appeal in response to the EFCC's recent crackdown on individuals accused of defacing or mishandling the Nigerian currency.

Oba Akanbi emphasized the importance of public awareness campaigns to inform citizens about the proper handling and treatment of the naira. He proposed that the EFCC should work with other relevant agencies and stakeholders to spread information about the legal implications of naira abuse through various media channels, including television, radio, and social media platforms.

The Oluwo acknowledged the EFCC's efforts to combat financial crimes and maintain the integrity of the Nigerian currency. However, he cautioned against a punitive approach without first providing adequate education and sensitization to the public. He argued that many Nigerians may be unaware of the specific actions that constitute naira abuse and the associated penalties.

Why this matters: The Oluwo's call for public education on naira abuse highlights the need for a comprehensive approach to address the issue. By increasing awareness and encouraging responsible handling of the currency, the EFCC can nurture a culture of respect for the naira and decrease instances of abuse.

In his statement, Oba Akanbi said, "It is essential for the EFCC to focus on public education and sensitization before turning to arrests and prosecution. Many Nigerians may not be fully aware of what constitutes naira abuse and the consequences of their actions. By educating the public, we can prevent unintentional violations and promote a greater sense of responsibility towards our national currency."

The traditional ruler's appeal comes amidst growing concerns over the prevalence of naira abuse in Nigeria, including the defacing, mutilation, and mishandling of banknotes. The EFCC has intensified its efforts to combat this issue, with several high-profile arrests and seizures in recent months.

Key Takeaways

  • Oluwo of Iwo urges EFCC to prioritize public education on naira abuse before arrests.
  • Oba Akanbi proposes EFCC collaborate with agencies to spread awareness on naira mishandling.
  • Oluwo acknowledges EFCC's efforts but cautions against punitive approach without prior education.
  • Oba Akanbi argues many Nigerians may be unaware of actions constituting naira abuse.
  • EFCC has intensified efforts to combat naira abuse, leading to high-profile arrests.