
In the wake of ongoing investigations into Naira abuse, the Economic and Financial Crimes Commission (EFCC) has announced its intent to prosecute additional celebrities for misusing Nigerian currency.

Citing rising public awareness regarding the sanctity of the national currency, the EFCC emphasized the need for collaborative efforts to combat financial crimes. Notably, the Commission has received numerous reports of Naira abuse captured on video recordings, prompting intensified scrutiny into currency-related infractions.
The EFCC’s Special Task Force against Naira Abuse and Dollarization of the economy, established on February 7, 2024, has been actively investigating reported cases. While acknowledging the circulation of old videos depicting currency abuse, the EFCC underscores its commitment to investigating and prosecuting new instances of such infractions.
In a statement, the EFCC disclosed ongoing investigations into several celebrities allegedly involved in Naira abuse. Many of these individuals have provided valuable statements to the Commission, while others have been summoned for questioning by investigators.
The EFCC’s proactive stance against currency abuse underscores its dedication to upholding financial integrity and accountability. As investigations progress, the Commission remains steadfast in its mission to combat financial crimes and ensure compliance with currency-related regulations.
This article sheds light on the EFCC’s efforts to prosecute celebrities for Naira abuse, emphasizing the Commission’s commitment to combating financial crimes and preserving the integrity of the national currency.