Home Other News Fake N1000 notes flood Akwa Ibom markets, NOA raise alarm

Fake N1000 notes flood Akwa Ibom markets, NOA raise alarm

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fake N1000 notes
Fake N1000 notes flood Akwa Ibom markets, NOA raise alarm
The National Orientation Agency, Akwa Ibom Directorate, has raised alarm warning the general public to the wide circulation of fake N1000 notes within the state.

According to reports, NOA identified the coastal communities of Udung Uko, Mbo, Oron, Okobo, and Ibeno Local Government places as among the places most severely affected by the illicit activities.

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Mr. Mkpoutom Mkpoutom, the State Director of NOA, revealed this in a statement on Friday in Uyo.

According to Mkpoutom, there have been verified intelligence reports of syndicates saturating the coastal regions with fake N1000 notes.

“There have been confirmed intelligence reports of syndicates flooding the coastal areas of Udung Uko, Mbo, Oron, Okobo and Ibeno with fake N1000 notes with batch numbers 364232 and 898248 with blurred portraits, watermarks and irregular security features.

“The syndicates exploit the peak commercial hours of major local markets in the state to carry out transactions with the counterfeit notes and defraud unsuspecting POS operators and other merchants,” Mkpoutom said.
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This horrible crime, according to the state director, is unpatriotic and has the potential to skew the Nigerian economy.

He urged the public to exercise extreme caution and work with security forces, who are making every effort to apprehend those responsible.

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