Viral video does not show bundles of naira notes in warehouse

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A video with a caption that states that bundles of new naira notes were found in a warehouse in northern Nigeria has been circulating on X.

The 30-second footage which was posted by an X user: @akerele_s showed several men entering a warehouse with some of them wearing a black jacket alongside a security operative in view.

Some of the men could also be seen taking footage of the box-like items which were in rows and high layers in the video.

The caption on the video read:

This is Nigeria. A stack of newly printed naira =N= found in a big warehouse in northern Nigeria. This country sef. They really took advantage of @MBuhari they messed us up to the level we are today. Baba @officialABAT that’s why I said I want you to be vigilant if those people around you sir. A word is enough for the wise. May Allah see you through sir.

The video post, now deleted, have garnered a traction of over 90,000 views, more than 200 likes and about 200 reposts as of February 16, 2024.

Another X user, @goziedragon007 posted the same video with another caption thus:

Lovers of Nigeria come and see where una money is used to build walls
Bundles of new Naira being hidden in a warehouse in the North.
The video has also garnered a traction of over 49,000 views, more than 500 reposts and over 400 likes since when it was posted on February 15, 2024.

CLAIM

Video shows bundles of new naira notes hoarded in a warehouse in northern Nigeria.

 

THE FINDINGS

Findings by The FactCheckHub show that the claim is MISLEADING!

Screenshot of the video post on X. INSERT: Misleading verdict.

A version of the same video was uploaded by Arise News, TVC News and other credible media platforms on Tuesday, February 13, 2024.

The footage was from a scene of an operation carried out by the Public Complaints and Anti-corruption Commission (PCAC) in Kano state.

Media reports indicated that the anti-graft commission had embarked on the operation led by the executive chairman of the PCAC in Kano state, Muhuyi Magaji, following a tip-off that warehouses in two major markets in the state were hoarding food items.

The food items that were hoarded include millet, sorghum, sugar, flour, maize, spaghetti and macaroni.

A careful look at the video showed that one of the items with a green seal was the Golden Penny’s Mai Kwabo Spaghetti from the stable of Flour Mills of Nigeria Plc (FMN).

 

THE VERDICT

The claim that the video shows bundles of new naira notes hoarded in a warehouse in northern Nigeria is MISLEADING; the items in the video were identified as food items via multiple media reports.

Fact-checker at The FactheckHub | [email protected] | + posts

Seasoned fact-checker and researcher Fatimah Quadri has written numerous fact-checks, explainers, and media literacy pieces for The FactCheckHub in an effort to combat information disorder. She can be reached at sunmibola_q on X or [email protected].

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