Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin, Kwara State, has convicted and sentenced three men to varying prison terms for being in possession of counterfeit Naira notes.
The convicts, Olaitan Dina, a 46-year-old aluminium fabricator from Maraba in Ilorin; Opeyemi Jeremiah, a bakery worker from Oke-Ero Local Government Area of Kwara State; and Adebayo Mayowa Abiola from Osi, Ekiti State, were found guilty on Wednesday, October 15, 2025.
They were arrested by operatives of the Nigeria Security and Civil Defence Corps (NSCDC) and later handed over to the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) for further investigation and prosecution.
According to the EFCC, investigations revealed that the counterfeit Naira notes recovered from the defendants bore identical serial numbers, confirming their falsification.
Justice Awogboro, after reviewing the evidence and the defendants’ confessional statements, held that the prosecution had proved its case beyond reasonable doubt.
She consequently sentenced the three men to various jail terms as prescribed by law.
The conviction underscores ongoing efforts by security and anti-graft agencies to curb the circulation of fake currency and safeguard the integrity of Nigeria’s financial system.
