The Central Bank of Nigeria (CBN) has issued a warning to the public regarding the actions of fraudsters who are falsely claiming to possess award letters for construction contracts.

In a statement from Mrs. Hakama Ali, the Acting Director of the Corporate Communications Department at CBN, it was noted that these scammers often assert they have access to special financial assistance on behalf of the CBN.

She emphasized that these claims are untrue and that the individuals involved are primarily driven by the intent to deceive innocent Nigerians.

“Any such assertions are fraudulent and should be disregarded.

“The CBN hereby reiterates that, in line with the focus of its current management, it has discontinued direct development interventions and special projects funding,” she said.

She further said that the apex bank had not authorised public notices for such interventions on social media platforms or any other news outlet.

“The CBN remains committed to its core mandate of ensuring monetary and price stability, and a sound and efficient financial system in Nigeria.

“We, therefore, encourage the public to remain vigilant and promptly report any suspicious activities or publications to the relevant law enforcement agencies,” she said