CBN warns Nigerians: Steer clear of fraudulent contracts and funding scams

CBN warns Nigerians: Steer clear of fraudulent contracts and funding scams

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The Central Bank of Nigeria (CBN) has alerted Nigerians of the activities of fraudsters purporting to be in receipt of award letters of contracts related to constructionworks.

According to a statement by CBN’s Acting Director, Corporate Communications Department, Mrs Hakama Ali, the fraudsters also usually lay claims to procession of special financial interventions on behalf of the CBN.

She said that it was false, as such individuals were solely motivated by the desire to defraud unsuspecting Nigerians.

“Any such assertions are fraudulent and should bedisregarded.

“The CBN hereby reiterates that, in line with the focus of its current management, it has discontinued direct development interventions and special projects funding,” she said.

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CBN warns Nigerians: Steer clear of fraudulent contracts and funding scams

 

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