Any person who‐
(a) makes, or begins to make, any counterfeit current nickel coin; or
(b) without lawful authority or excuse, the proof of which lies on him, knowingly makes or mends, or begins, or prepares to make or mend, or has in his possession, or disposes of, any tool, instrument, or machine, which is adapted and intended for making any counterfeit current nickel coin; or
(c) buys, sells, receives, pays, or disposes of, any counterfeit current nickel coin at a lower rate of value than it imports, or was apparently intended to import, or offers to do any such act,
is guilty of a felony and is liable to imprisonment for seven years.
A person found committing the offence may be arrested without warrant.
Section 154 of the Criminal Code Act in Nigeria
Act structure