Kano: ICPC, EFCC, Customs sensitise stakeholders on currency movement laws
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), Economic and Financial Crimes Commission (EFCC), and Nigeria Customs Service (NCS) have collaborated to organise a sensitisation meeting on laws governing currency movement across borders.
The programme aims to acquaint the stakeholders with laws and regulations governing cross-border currency movement.
Speaking at the sensitisation programme held at Tahir Hotel Kano, the ICPC Resident Commissioner, Ahmed Wada, stated that the agency’s goal was to educate the public and the stakeholders on laws governing currency movement, rather than targeting individuals.
He extolled Nigeria’s progress in being classified under the green list of countries and encouraged Nigerians to work together to achieve a corruption-free nation.
“Our aim is to sensitise the public and stakeholders on the laws governing currency movement across borders, not to hunt anyone.
“The agencies emphasise the importance of collaboration in tackling corruption and achieving set objectives,” Mr Wada said.
The EFCC Kano zonal commander, Ibrahim Shazali, said that the programme was aimed at tackling the menace of illegal cash transactions across borders and within the country.
The area controller of Nigeria Customs, Kano and Jigawa Command, Dalhatu Abubakar, highlighted the importance of collaboration and innovation in tackling corruption.
He stated that Customs had intercepted undeclared currencies in Lagos, Kano, and other places, attributing the issues to ignorance.
Mr Abubakar said, “The laws require you to declare the amount of money you’re carrying; with proper declaration, no issues should arise.
” Laws require declaration of the amount of money being carried, and with declaration, no caution would be caused.”
The chairman, Bureau De Change Operators Association in the state, Sani Dada, described the sensitisation programme as very timely, corroborating that many currencies were being confiscated due to ignorance of the declaration laws.
The sensitisation meeting attracted participants from various sectors of the financial industry in the state.
(NAN)
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