Connect with us


EFCC Raises Task Force Against Dollarization Of Economy



EFCC Chairman Ola Olukoyede

A Special Task Force has been established by the Economic and Financial Crimes Commission (EFCC) in each of its zonal commands to enforce the rules that are now in place against the dollarization of the economy and currency mutilation.

The Task Force was established to guard against mistreatment, leaks, and distortions that could expose the economy to volatility and disruption. Ola Olukoyede, the Executive Chairman of the Commission, presided over the Task Force’s inception.

The Commission has already made some arrests of those who have been mutilating Naira and issuing invoices in dollars in Lagos and Port Harcourt.

Additionally, the Commission has extended invitations to owners of private universities and other higher education establishments that charge tuition in US dollars.

The Commission is dedicated to upholding all existing laws in order to stimulate and reflate the economy.

For Diaspora Digital Media Updates click on Whatsapp, or Telegram. For eyewitness accounts/ reports/ articles, write to: Follow us on X (Fomerly Twitter) or Facebook

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Updates

Musk weeps as son transitions to transgender

Dakore denies affair with Akpabio, initiates legal action

Baby factory: Police rescue 10 pregnant women in Akwa Ibom

Ondo lawyer stabbed to near-death for handling divorce case

Landslide death toll in Ethiopia rises to 146

Police force to undertake reconstruction of dilapidated barracks

Asake prepares for second sold-out O2 Arena show

Water Company MD to receive Fellowship Award from Nigerian Society of Engineers

Sabotaging Dangote Refinery by Tinubu Government Dangerous to Nigerian Economy

Nigerian Police bust mortuary where AK-47 rifles, other weapons are hid

Subscribe to DDM Newsletter for Latest News