The Economic and Financial Crimes Commission (EFCC) is ramping up its fight against the misuse of the national currency – Naira.
Thus, it has declared a 5% reward for whistleblowers, who provide information leading to the successful prosecution of Naira abusers.
Spokesman of the EFCC, Dele Oyewale, disclosed this as guest on the EFCC 97.3FM Abuja talk show.
Oyewale emphasized the commission’s commitment to enforcing the law and protecting the economy from the negative impacts of naira abuse.
He explained that the 5% reward was aimed at encouraging whistleblowers to come forward with information that would aid in the prosecution of offenders.
“There’s a reward if you report anyone spraying the Naira. That is whistleblowing. The whistleblowing act offers 5% reward of whatever amount that is involved to whoever offers credible information that can stand the rigour of prosecution and not derived from malice and mischief,” Oyewale declared.
The move comes amidst the agency’s ongoing efforts to curb practices like spraying banknotes at celebrations, a flamboyant display considered disrespectful to the currency.
Oyewale further emphasized the agency’s commitment to enforcing the law and protecting the Nigerian economy from the negative consequences of Naira abuse.
