CBN Warns Against Fraudulent Contracts, Project Funding Claims
The Central Bank of Nigeria (CBN) has issued a warning regarding fraudsters who claim to have received award letters for contracts related to construction works and special financial interventions on its behalf.
CBN’s Acting Director, Corporate Communications, Mrs Hakama Sidi Ali, in a statement on Monday, warned members of the public to disregard the fraudsters out to cheat them.
“The Central Bank of Nigeria (CBN) wishes to alert members of the public to the activities of fraudsters purporting to be in receipt of award letters of contracts related to construction works and special financial interventions on behalf of the bank.
“We wish to clarify that this is false. These individuals are solely motivated by the desire to defraud unsuspecting Nigerians. Any such assertions are fraudulent and should be disregarded.
“The bank hereby reiterates that, in line with the focus of its current management, it has discontinued direct development interventions and special projects funding.
“Furthermore, CBN has not authorised public notices for such interventions on social media platforms or any other news outlet,” she said.
Sidi Ali reaffirmed CBN’s committed to its core mandate of ensuring monetary and price stability and a sound and efficient financial system in Nigeria.
She urged the public to remain vigilant and promptly report any suspicious activities or publications to the relevant law enforcement agencies. #CBN Warns Against Fraudulent Contracts, Project Funding Claims Naira Depreciates Ahead of 2-Week Automated FX Trading Trial
