Currency Swap: Buhari issues directive to CBN, orders arrest, prosecution of saboteurs

President Muhammadu Buhari on Thursday directed the Central Bank of Nigeria, CBN, to intensify collaboration with different anti-corruption agencies in checking the activities of those bent on frustrating the smooth implementation of the currency redesign policy.

Buhari gave the directive while addressing Nigerians on the CBN currency swap policy.

The President called on the apex bank to ensure that any institution or person(s) found to have impeded or sabotaged the implementation should be made to bear the full weight of the law.

The president said: ”I have similarly directed that the CBN should intensify collaboration with anti-corruption agencies so as to ensure that any institution or person(s) found to have impeded or sabotaged the implementation should be made to bear the full weight of the law.”

Media Talk Africa reports that this is coming amidst the worsening scarcity of the new Naira notes across the country.

Angry citizens piled up pressure on Wednesday, with protests taking place simultaneously across the nation.

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