DAILY TRUST
The National Security Adviser, Nuhu Ribadu, has directed operatives of the Nigeria Police Force, the Economic and Financial Crimes Commission, the Nigeria Customs Service and the Nigeria Financial Intelligence Unit, to clamp down on forex market speculators.
This, he said, i a concerted effort to safeguard Nigeria’s foreign exchange market and combat the activities of speculators, both domestic and international, operating through various channels.
Ribadu spoke through Zakari Mijinyawa, the head of strategic communications in the Office of the National Security Adviser, in Abuja, on Tuesday.
He said the office had to wade in at this time because some individuals and organisations had continued to undermine proactive measures of the CBN to stabilise the foreign exchange market and stimulate economic activities.
In a concerted effort to safeguard Nigeria’s foreign exchange market and combat speculative activities, the Office of the National Security Adviser (ONSA) and the Central Bank of Nigeria (CBN) are joining forces to address challenges impacting the nation’s economic stability.
“The CBN’s proactive measures to stabilize the foreign exchange market and stimulate economic activities have been commendable.
