Suspected members of the Islamic State of West Africa Province (ISWAP) have allegedly distributed large sums of old Naira notes to scores of commuters in the Lake Chad Basin ahead of the deadline of the Central Bank of Nigeria’s (CBN) cashless policy, sources have said.
Reports say the incident occurred after Mairari village, along the Maiduguri/Monguno highway on Saturday in Guzamala LGA of Borno.
A source is quoted as telling the Daily Trust in Maiduguri that the ISWAP members were dressed in military camouflage and drove two gun trucks.
A resident, Bakura Ibrahim, said the insurgents positioned themselves under a tree and stood by the roadside with bags of old naira notes.
“We left Monguno at about 12 noon. As we approached Mairari, there were no existing checkpoints in the area; we were apprehensive.
“They stopped us and asked if we were going to Maiduguri, then they started giving each person 100,000 old naira notes, but we could not believe it. They gave each occupant of the Golf Volkswagen,” Bakura said.
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