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Home | Dino Melaye, Others Smuggled N50b of New Naira Notes – MURIC Alleges

Politics

Dino Melaye, Others Smuggled N50b of New Naira Notes – MURIC Alleges

Tare Magbei
Tare Magbei
Published: June 15, 2025
Last updated: June 15, 2025
4 Min Read
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Dino Melaye, Others Smuggled N50b of New Naira Notes - MURIC Alleges | Daily Report Nigeria
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Spokesperson for the presidential candidate of the Peoples Democratic Party, Senator Dino Melaye, has been accused of smuggling N50 billion worth of new naira notes.

The allegation was made by the
Muslim Rights Concern (MURIC), alleging that Melaye perpetrated the act in connivance with others from the Central Bank of Nigeria.

According to MURIC, Melaye and his cohorts should bury their heads in shame as they are “insensitive to the suffering of the jamaaheer (masses)”.

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MURIC’s Director, Professor Ishaq Akintola, in a statement on Sunday, urged the Nigerian government to expedite action on finding solutions to the plethora of problems associated with the distribution of the new naira notes.

The statement titled “Probe Alleged Smuggling Of N50 Billion New Notes From CBN By Dino Melaye, Others,” read in part;

“Some media sources published reports of alleged smuggling of N50 billion out of the Central Bank of Nigeria (CBN) by Dino Melaye and his co-travellers two days ago. This is a grave allegation when contextualized within the current fiscal crisis being faced by Nigeria.

“MURIC frowns on this behaviour which has been associated with Senator Dino Melaye, a prominent politician. It is mean, self-serving, unpatriotic and disgraceful.

“Politicians who participate in such an operation should bury their heads in shame. They are insensitive to the suffering of the jamaaheer (masses).

“Nigerians are hungry. People all over the country cannot find cash to buy food. Parents have no old or new naira to give their children and wards to use as transport to school.

“Workers are keeping away from work due to the non-availability of cash. Many travellers are stranded. Businesses are at a standstill. Nigeria as a corporate entity holds its breath and trembles.

“We call on the Federal Government (FG) to immediately set the machinery in motion to unveil the veracity of the report. In the same vein, we call on the security agencies to spare no efforts in meting out appropriate punishment to bank officials found to have sabotaged the ongoing naira swap.”

“The intention was good but the implementation is haphazard. Apart from the fact that the CBN governor has not been transparent and sincere enough, the timing is wrong. Nobody changes currency in an election year. This naira swap is laced with red herrings.

“We, therefore, appeal to FG to expedite action on finding solutions to the plethora of problems associated with the distribution of the new naira notes in order to mitigate the suffering of the hoi polloi.

“By the same token, we appeal to Nigerians to temper action with common sense because it is also the poor and innocent citizens who will suffer most if violence breaks out.

“Demonstrations should be avoided at this time because that is what hoodlums are waiting for. They will hijack the process and start looting shops and properties of poor Nigerians.”

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