
The Economic and Financial Crimes Commission, EFCC, said it has set up a Special Task Force in all its Zonal Commands to tackle the ‘dollarization’ of the economy.
It added that it has invited proprietors of private universities and other institutions of higher learning in Nigeria charging fees in dollars.
A statement by EFCC spokesperson, Dele Oyewale, on Wednesday said the task force would ensure the enforcement of extant laws against currency mutilation and dollarization of the economy.
The statement noted that the chairman of the commission, Ola Olukoyede, who inaugurated the task force in Abuja, said it was aimed at protecting the economy from abuses, leakages and distortions.
The statement noted that the Commission had already arrested some persons who engaged in issuing invoices in dollars and in mutilation of the Naira in Lagos and Port Harcourt.
“Already proprietors of private universities and other institutions of higher learning charging fees in dollars have been invited by the Commission.
“The Commission is committed to the enforcement of all laws in place for the reflation and stimulation of the economy,” the statement added.

WhatsApp Community
SUBSCRIBE TO OUR NEWSLETTER NOW
Support MATAZ ARISING’ journalism of integrity and credibility.
Good journalism ensure the possibility of a good society, an accountable democracy, and a transparent government.
We ask you to consider making a modest support to this noble endeavour.
TEXT AD: To advertise here – Email ad@matazarising.com
-
Foodstuffs now cheaper, Presidency declares

MaTaZ ArIsInGDallas, Texas …accuses TV presenters of promoting opposition narratives The Presidency on Friday accused the media of promoting false narratives pushed by opposition parties regarding the state of the economy. Bayo Onanuga, Special Adviser on Information and Strategy to the President, made the claim in a post on his official X handle, @oonanuga1956. The…
-
Atiku campaign accusses Kwankwaso of working for Tinubu, plotting opposition-split

MaTaZ ArIsInGDallas, Texas By : Andrew Oota THE African Democratic Congress Presidential Campaign Council (ADC-PCC) has berated Senator Rabiu Musa Kwankwaso over his call for former Vice President Atiku Abubakar to step down for Mr Peter Obi, describing the statement as reckless, self-serving and a desperate attempt to advance President Bola Ahmed Tinubu’s political interests…
-
FULL LIST: 65 Nigerian projects seeking $78.5bn in investment

MaTaZ ArIsInGDallas, Texas President Bola Tinubu has unveiled 65 investment projects requiring $78.5bn in funding across five sectors of Nigeria’s economy, with the proposed investments projected to generate 366,763 jobs. The breakdown of the projects listed on the Federal Government’s Projects Nigeria investment portal shows that the oil, gas and power sector accounts for 25…





