The Economic and Financial Crimes Commission (EFCC) has intercepted N32.4 million new notes suspected to be used for vote buying in Lagos.
In a post on its Twitter handle on Friday, the anti-graft agency said officials also arrested a suspect who has been taken into custody for questioning.
The recovery was made by operatives of the Lagos Zonal Command of the Commission.
The suspect involved has been taken into custody for further questioning.
On his part, EFCC Chairman, Abdulrasheed Bawa charged officials of the anti-graft agency deployed for election monitoring duties to show courage.
Bawa also asked them not to give room for unscrupulous persons to undermine the integrity of the elections through financial inducement.
Reports have it that security operatives arrested a federal lawmaker, Dr. Chinyere Igwe, with $498,100 on suspicion of attempted vote buying and money laundering.
The lawmaker who represents Port Harcourt Federal Constituency 2 in the House of Representatives was arrested along Aba Road in the state capital.
These incidents come amid a scarcity of the new naira notes, subjecting millions of Nigerians to hardship.
The situation also triggered protests in some states with aggrieved citizens barricading major roads to register their displeasure.