NIPOST seizes N84bn illegal foreign currencies in 2015

Adejoke Adeogun
Adejoke Adeogun
NIPOST

Nigerian Postal Service (NIPOST) intercepted financial instruments worth over N83. 9 billion in foreign currencies meant for illegal transfers from January to December, 2015, according to Enoch Ade Ogun, acting postmaster general.

Ade Ogun in his 2016 Pan African post day celebration message, said that the monetary value of the intercepted financial instruments in different foreign currencies 1,112,724. 86 Pounds with the naira equivalent of N314 million; 40, 427, 909.36 Euros with the naira equivalent of N8.68 million; 376, 615, 994. 31 US dollars with the naira equivalent of N74.19 billion and 5, 200 Australian dollars with the equivalent of N713,813. 31.

He said that other items intercepted during the year include 848 pieces of fake cheques, 293 pieces of money orders, 147 pieces of postal orders and 30 pieces of international passports in addition to 167. 3 kg of narcotics.

According to him, “All the negotiable financial instruments have been deposited with the Economic and Financial Crimes Commission (EFCC) for further scrutiny and action, the narcotics containing heroine, cocaine and cannabis have been deposited with the National Drug Law Enforcement Agency for further laboratory test and for possible arrest and prosecution.

The international passports have been deposited with the Nigerian Immigration Service while officers of the Nigerian Customs Service confiscated some parcels with prohibited items.”

Ogun further appealed to all stakeholders in the industry to support NIPOST, stressing that the management is poised to reposition the organisation to make greater contribution to the country’s socio-economic growth, adding that NIPOST will dedicate 90 per cent of its 2016 budget to improve the quality of all aspects of its services and operations.

“Priority will be given to improving NIPOST IT infrastructure to enable the organisation drive the digital and financial inclusion projects while efforts will be made to increase the fleet through the procurement of vehicles and motorcycles within the limit of available resources,” he added.

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