A routine luggage check at the Idiroko border in Ogun State led to a shocking discovery as customs officers intercepted a staggering 7 million CFA francs (approximately ₦70 million) concealed in a passenger’s bag.
The Ogun State Customs Area Command, under the leadership of Controller Muhammed Shuaibu, confirmed the interception, which took place on March 20, 2025. According to Shuaibu, the operation aligns with Sections 4(e) and (f) of the ACS Act 2023, which focus on suppressing smuggling and enforcing border regulations.
He emphasized that, under the Money Laundering Act, travelers carrying over $10,000 (or its equivalent) must declare it. Failure to do so results in total forfeiture of the undeclared funds.
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Following standard procedures, the seized cash was immediately handed over to the Economic and Financial Crimes Commission (EFCC) for further investigation.
“This interception underscores the importance of inter-agency collaboration in tackling corruption and financial crimes,” Shuaibu stated. The EFCC has vowed to conduct a thorough probe to determine the source of the funds and the individuals involved.
Both agencies reiterated their unwavering commitment to enforcing fiscal policies and preventing illicit financial transactions.
