The Economic and Financial Crimes Commission (EFCC) has announced its investigation of several celebrities suspected of engaging in naira abuse. This was made known in a statement issued by EFCC spokesperson Dele Oyewale on Sunday, April 14, 2024.

Oyewale affirmed that the commission has summoned many celebrities for investigations, and they have provided reasonable information during the interrogation process.

The EFCC announced its awareness of viral videos circulating on social media depicting individuals engaging in acts of naira abuse. The anti-graft agency lauded the public for their vigilance in safeguarding the sanctity of the national currency, signalling a collaborative effort in combating financial misconduct.

“Concerning the works of the commission against Naira abuse, dollarization of the economy, and the enforcement of all extant laws relating to them, the EFCC appreciates the avalanche of public awakening, support, and involvement demonstrated so far,” the statement reads in part.

“ It added, "The Commission will always investigate and prosecute anyone involved in the abuse of the naira." Old videos being exhumed and flying around for the attention of the EFCC are noted, as the Commission is sensitive to the fact that its Special Task Force against Naira Abuse and Dollarization of the Economy started operations on February 7, 2024. 

However, the Commission affirmed that new videos of such infractions will be investigated and prosecuted.