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Bullion

Keywords

Currency management, Currency counterfeiting

Abstract

This paper reviews the adequacy of the existing legal framework for Currency Management in Nigeria. The paper is structured into three parts. Part I is an introduction to the paper. The legal provisions governing currency management in Nigeria and some of the legal challenges for the CBN are highlighted and examined in part II. Part III concludes the paper: that a major legal challenge facing the CBN is the absence of specific provisions of the law criminalizing such acts as tampering, deliberate mutilation, spraying and marching of currency.

Author Bio

The author is a staff of Central Bank of Nigeria, Nigeria.

Publication Title

CBN Bullion

Issue

4

Volume

30

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