The Economic and Financial Crimes Commission (EFCC) has raised a special task force in all its zones against the dollarization of the economy as well as the mutilation of the currency in the country.

In a statement by its Head of Media and Publicity, Dele Oyewale, EFCC disclosed that the task force was raised to protect the economy from abuses, leakages as well as distortions and exposure to instability and disruptions.

The anti-graft agency said it has already arrested some perpetrators of the acts in both Lagos and Port Harcourt.

The commission also said proprietors of institutions charging students in dollar have been invited over for questioning.

Oyewale said the commission has already made some arrests of perpetrators of issuance of invoices in dollars and mutilation of the Naira in Lagos and Port Harcourt.

Also, proprietors of private Universities and other institutions of higher learning charging fees in dollars have been invited by the Commission.

The statement added that the commission is committed to the enforcement of all laws in place for the reflation and stimulation of the economy.