The Economic and Financial Crimes Commission (EFCC) has announced a 5% reward for whistleblowers who provide credible information leading to the prosecution of offenders in a bid to further strengthen its crusade against the abuse of the Naira.
The EFCC’s Head of Media and Publicity, Dele Oyewale, disclosed this on Monday during his appearance as a 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 IS aimed at encouraging whistleblowers to come forward with information that would aid in the prosecution of offenders.
He said, “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 also disclosed that the EFCC had already secured nearly 50 convictions across the country since the inception of the task force on Naira Abuse and Dollarisation.
The EFCC spokesman also emphasized that rejecting the Naira as a legal tender was a criminal offence, saying that those found guilty would face the full wrath of the law.
Noting that the anti-graft agency is working tirelessly to Nairalise the economy, as the widespread use of foreign currencies was detrimental to the country’s economic growth,
Oyewale said: “It is a crime to reject the Naira. If there’s nothing wrong with the Naira, maybe it’s dirty and not mint, and you reject it; it is a crime.
“The Naira is the symbol of our economy. We are a sovereign nation, with our own territorial integrity, so, whatever is within the ambit of our economy and every transaction in Nigeria must be done in Naira.”
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