A wanted terrorist leader, Kachalla Baleri, and some of his men suspected to be bandits terrorising the North West were seen flaunting new naira notes in a viral video.
The event was captured in a video published online on Wednesday.
Baleri, who spoke in the Hausa language in the two minutes 20 seconds video clip, claimed he owned about ten million naira of the redesigned higher denomination of the currency.
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He also claimed he had enough new naira notes to acquire more weapons, the currency he might have allegedly received from relatives of abductees, according to Defence Times, a news platform on Twitter.
The video posted on the Twitter handle, @DefencetimesNG said:
“Scarcity of Naira: Notorious bandit leader Kachalla Baleri release video clip displaying new naira notes he received from N10 million ransom in N200, N500, N1000 denominations.”
The development is coming at a time cash scarcity has plagued Nigerians with many frustrated while trying to get new notes since the extension of the deadline for the phase-out of old notes by the Central bank of Nigeria (CBN).
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