Anti-corruption and elections / EFCC
Court Jails Man Four Years for Refusal to Accept Naira As Legal Tender
Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, April 15, 2025, convicted and sentenced one Uzondu Precious Chimaobi to four years imprisonment for his refusal to accept the Naira as a legal tender. Chimaobi was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, Lagos, on February 5, 2025 on a two-count charge bordering on refusal to accept the Naira as a legal tender. One of the counts reads: "That you, Precious Chimaobi Uzondu, on the 10th of December 2024, in Lagos, within the jurisdi…
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