Drama As Terrorist Members Distribute Old Naira Notes to Passengers on Borno Highway
- Some terrorists have reportedly distributed money to passengers on Borno highway to the amazement of the recipients
- The criminals gave out the money ahead of the deadline of the Central Bank of Nigeria’s (CBN) cashless policy
- According to report, the ISWAP members were dressed in military camouflage and drove two gun trucks
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Suspected members of the Islamic State of West Africa Province (ISWAP) have distributed huge amounts of old notes to scores of commuters in the Lake Chad Basin ahead of the deadline of the Central Bank of Nigeria’s (CBN) cashless policy, sources have said.
The incident occurred after Mairari village, along the Maiduguri/Monguno highway on Saturday in Guzamala LGA of Borno State.
A source told the Daily Trust in Maiduguri that the ISWAP members were dressed in military camouflage and drove two gun trucks.
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A resident, Bakura Ibrahim, said the insurgents positioned themselves under a tree and stood by the roadside with bags of old naira notes.
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“We left Monguno at about 12 noon. As we approached Mairari, there were no existing checkpoints in the area; we were apprehensive.
“They stopped us and asked if we were going to Maiduguri, then they started giving each person 100,000 old naira notes, but we could not believe it. They gave each occupant of the Golf Volkswagen,” Bakura said.
Another source added, “The group simply told us, “If you think you can go to their banks and change it to new naira, go and do so; may Allah make it beneficial to you.”
Deadline for old naira notes: How is it affecting you? Lagos traders voice out their frustration
Meanwhile, Lagos traders have expressed deep worry over the current hardship they are faced with in recent times. According to businessmen and women, the Central Bank of Nigeria's (CBN)'s recent policy is affecting their businesses, especially the recent redesign of the nation's currency, the N200, N500 and the N1,000 notes.
This week, Legit.ng had a chat with some of the traders at Mile 12 international market, Lagos state and they expressed their opinion on the burning issue in the polity. During this period, the shortage of Petrol and the deadline for the use of the old naira notes has become disturbing issue in the polity.
On Sunday, January 27th, the CBN extended the deadline by ten days (10), from Tuesday, January 31st through February 10th, but the traders are not satisfied with the development, they revealed how it is affecting their businesses and customers.