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Beware Of Fraudsters On Contract Awards, CBN Warns Public

CBN-Office-Abuja

The Central Bank of Nigeria (CBN) has alerted members of the public on 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.

In a statement today, November 18, the apex Bank’s spokesperson, Hakama Sidi Ali, said that in line with the focus of its current management, the bank has discontinued direct development interventions and special projects funding.
“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 statement emphasized that CBN has not authorised public notices for such interventions on social media, saying that the bank remained committed to its core mandate of ensuring monetary and price stability, and a sound and efficient financial system in Nigeria.
The statement asked members of the public to remain vigilant and promptly report any suspicious
platforms or any other news outlet, activities or publications to the relevant law enforcement agencies.

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