Suspected members of the Islamic State of West Africa Province (ISWAP) have distributed huge amounts of old notes to commuters in the Lake Chad Basin.
This occurred ahead of the deadline for the Central Bank of Nigeria’s (CBN) cashless policy.
The incident occurred after Mairari village, along the Maiduguri/Monguno highway on Saturday in Guzamala LGA of Borno State.
READ ALSO: New naira notes confusion: Church rejects old notes as tithes and offering
According to Sahara Reporters, the ISWAP members were dressed in military camouflage and drove two gun trucks.
They even prayed for the money to be useful
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.
Another source added, “The group simply told us, “If you think you can go to their banks and change it to new naira, go and do so; may Allah make it beneficial to you.”
READ ALSO: Breaking: CBN extend deadline for swapping old Naira notes to February 10
Nigerian family rejects old naira notes as bride price due to CBN deadline
Meanwhile, certain transactions, including pre-wedding arrangements, have been impacted by the CBN’s naira notes January 31.
A family in Niger State’s Gbako local government area refused old N1,000 and N500 notes from a suitor.
The suitor’s family visited the future in-laws with a specific amount of cash for the bride price according to Daily Trust.
