The Islamic State of the West African Province , a terrorist group, has banned farmers and fishermen in Lake Chad from using the naira for transactions., the CBN said it redesigned N200, N500, and N1000 new naira notes.He advised Nigerians to take old notes to banks to enable them to withdraw the new banknotes once circulation begins.
According to the intelligence source, the terrorist group will find it extremely difficult to change their money into new currency notes. Therefore, the insurgents are now receiving the West African CFA Francs, which they intend to replace with the Nigerian naira as a trade currency. “The terrorists have also banned all Nigerian fishermen, herdsmen and farmers from sneaking into the Lake Chad through Marte, Abadam, and Gamborun Ngala in order to prevent the naira from reaching into the camps of the terrorists in the Lake Chad,” the source told Zagazola.
ZagazOlaMakama DefenceInfoNG Loool When security increase, conspiracy increases - William Shakespeare
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