EFCC warns schools, hotels, others against charging in dollar

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has warned schools, supermarkets, hotels, and others in the country against charging for services in dollars or any other foreign currency.

Olukoyede, who issued the warning in the latest edition of the commission’s monthly e-magazine, EFCC Alert released on Monday, threatened to jail anyone found “dollarizing” the economy.

He warned that anyone caught collecting the dollar for services or goods would be treated as a criminal in accordance with relevant Nigerian laws.