Suspected members of the Islamic State of West Africa Province (ISWAP) have given enormous amounts of old notes to several commuters in the Lake Chad Basin ahead of the Central Bank of Nigeria’s deadline for the implementation of its cashless policy.
According to the Daily Trust, on January 29, 2023, along the Maiduguri/Monguno highway in the Guzamala LGA of Borno State, members of the terrorist organization were spotted giving out cash to passing motorists.
The terrorists, per a source who talked to the publication, were in military camouflage and operated two gun trucks.
Local resident Bakura Ibrahim informed the newspaper that the ISWAP members were holding a sack of old naira notes while standing along the roadside under a tree.
He claimed that each recipient received an old N100,000 note from the terrorists.
We left Monguno at about 12 noon, said Bakura.As we approached Mairari, there were no existing checkpoints in the area; we were apprehensive
“hey stopped us and asked if we were going to Maiduguri, then they started giving each person 100,000 old naira notes, but we could not believe it. They gave each occupant of the Golf Volkswagen.”
“The group simply told us, “If you think you can go to their banks and change it to new naira, go and do so; may Allah make it beneficial to you,” another source added.