By Mkpoikana Udoma
Port Harcourt — The Nigeria Police Force has arrested three individuals involved in a major counterfeiting operation across Kano and Nasarawa States, with counterfeit currencies worth N129.5 billion seized.
Police Public Relations Officer, Olumuyiwa Adejobi, said operatives of the force arrested Nura Ibrahim, Muhammed Muntari, and Usman Abdullahi in Kano, confiscating $3,366,000 counterfeit, CFA51,970 counterfeit, and N1,443,000 counterfeit Naira on December 8th 2024.
(The three suspects with N129billion in fake currencies.)
In a separate operation on January 13, 2025, in Nasarawa State, the police arrested 53-year-old Ephraim Barde and recovered $160,000 in counterfeit US dollar notes.
Adejobi, confirmed that investigations are ongoing to assess the full extent of Barde’s involvement and identify any accomplices.
He emphasized the police’s commitment to securing the nation’s financial system.
To strengthen efforts against financial crimes, Adejobi said the Police has set up Anti-Money Laundering Units across the country and urged citizens to report any suspicious activities related to counterfeit currency.
