According to reports, ISWAP gives old naira notes to travelers on the Borno highway.
Before the Central Bank of Nigeria’s (CBN) cashless policy’s deadline, suspected ISWAP members are said to have given out enormous amounts of obsolete naira notes to commuters in the Lake Chad Basin.
According to reports, the event happened on Saturday after Mairari village in Borno State’s Guzamala LGA along the Maiduguri/Monguno route.
The ISWAP members were allegedly clothed in military camouflage and drove two weapons trucks.
The rebels, according to Bakura Ibrahim, a local resident, reportedly set their shop under a tree and stood by the side of the road holding sacks of old naira notes, according to Daily Trust.
“We left Monguno around 12 noon. As we approached Mairari, there were no existing checkpoints around the area, and we were apprehensive.
“They asked if we were going to Maiduguri, after which they started giving each person N100,000 old notes, but we couldn’t believe it,” he said.
Another source added that the group only instructed them to visit banks and exchange their old currency for new ones, adding “may Allah make it advantageous to you.”