Beware of fraudulent contracts, project funding claims – CBN
By Kadiri Abdulrahman
The Central Bank of Nigeria (CBN) has warned Nigerians about fraudsters claiming to have received contract award letters for construction projects.
According to a statement by CBN’s Acting Director, Corporate Communications Department, Mrs Hakama Ali, the fraudsters also usually lay claims to procession of special financial interventions on behalf of the CBN.
She said that it was false, as such individuals were solely motivated by the desire to defraud unsuspecting Nigerians.
“Any such assertions are fraudulent and should be
disregarded.
“The CBN hereby reiterates that, in line with the focus of its current management, it has discontinued direct development interventions and special projects funding,” she said.
She further said that the apex bank had not authorised public notices for such interventions on social media platforms or any other news outlet.
“The CBN remains committed to its core mandate of ensuring monetary and price stability, and a sound and efficient financial system in Nigeria.
“We, therefore, encourage the public to remain vigilant and promptly report any suspicious
activities or publications to the relevant law enforcement agencies,” she said.(NAN)(www.nannews.ng)
Edited by Sadiya Hamza
Published By
- Agriculture and Environment Desk Controller/Website Content Manager.
Has also recently published
Culture & TourismOctober 9, 2025Yoruba language project to hold inaugural meeting
EnvironmentOctober 9, 2025Firm unveils platform to unlock climate financing in Nigeria
General NewsOctober 9, 2025Durumi IDPs seek farmland to rebuild livelihoods
ForeignOctober 9, 2025Ex-ECOWAS Court President, Asante elected to UN Human Rights Council