This is coming as strong followup to a summon last February, of owners of the institutions and organisations found culpable of the act.

The task force also conducted several raids in Abuja, arresting currency traders suspected to be speculating against the naira.

Relatedly, the Finance Minister and Coordinating Minister for the Economy, Wale Edun, and the EFCC Chairman, Ola Olukoyede, had equally met on the same matter of organisations and schools charging in dollars.

The EFCC spokesman, Oyewale, had informed that the task force was set up ‘to checkmate those breaking the rules.

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“The task force is not just to monitor naira abuse alone but for the whole economy. So, the EFCC is working to ensure that those breaking the rules find their way back to the right path so that the wrath of the law will not be on them.

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“Yes, everyone knows that it is illegal to charge in other denominations apart from the naira. Whether in Chinese or American currency, any transaction that is not denominated in naira in Nigeria, the EFCC is against it.

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“So, the task force is in place to check that and Nigerians should be happy about that. It is not just schools, hotels but other entities across the country that are doing this must come back to the naira as our legal tender.’’

He added, “Naira is the symbol of our economy and everything that has to do with the economy in Nigeria must be done in naira.’’

 

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