The Nigeria Customs Service has arrested one Adamu Muhammad who reportedly had $375,000 cash on him at the Kaduna International Airport.
At an exchange rate of N360, the money found on Muhammad is N135 million.
The suspect was intercepted by customs officers on Saturday, as he was about to board an Ethiopian Airline flight to Dubai, United Arab Emirates.
Muhammad was handed over to the Economic and Financial Crimes Commission (EFCC) for investigation.
In a statement, Ibrahim Bappa, head of the Kaduna zonal office of the commission, said the EFCC “will spare no effort” in investigating the matter.
While acknowledging the synergy between the two agencies, Bappa commended the officers for their vigilance.
He said the suspect will be charged to court as soon as investigation is concluded.