Any person who, with intent to defraud, utters as and for current gold or silver coin‐
(a) any coin which is not current coin; or
(b) any metal or pieces of metal, whether a coin or not, which is of less value than the current coin as and for which it is uttered,
is guilty of a misdemeanour, and is liable to imprisonment for one year.
A person found committing the offence may be arrested without warrant.
Section 157 of the Criminal Code Act in Nigeria