Connect with us

FEATURED

Spray Naira At Parties And Go To Jail

Published

on

Nigerians who spray Naira notes at parties risk a six months jail term or will be made to pay a N50,000 fine, an official has announced..

Henceforth, mobile courts are to move around to summarily apprehend and put to trial perpetrators who abuse the Naira, the Central Bank of Nigeria (CBN) said on Thursday through its Bankers Committee.

Isaac Okorafor, the CBN spokesman who said mobile courts would be deployed nationwide to enforce the law, confirmed the police and officials of the Federal Ministry of Justice would be involved in the monitoring and enforcement of the law.

“If a celebrant is dancing and you spray him/her, you may go to jail from the party venue, because the law enforcement agents will be there, waiting to arrest you,” Mr Okorafor said in a statement published by the News Agency of Nigeria (NAN).

“It is the duty of the law enforcement agencies to catch offenders and take them to court. Our (CBN) collaboration with the police will intensify as we move to implement the mobile court for offenders,” he said

He encouraged Nigerians who use cash as gift to their loved ones to ensure such monies are properly put in an envelope before giving to the celebrant.

Advertisement
Article Banner

However, he also warned all those are in habit of mutilating or defacing the Naira notes by using them as writing pads would equally face six months jail term or N50,000, or both.

The Managing Director of First Securities Discount House (FSDH) Merchant Bank, Handa Ambah, said people caught selling Naira notes would also be punished.

“We need to let people know that this is our money. The fact that you cannot spray money at parties does not mean that you cannot put money in an envelope and pass it to the celebrants,” Mrs Ambah said.

Spraying of naira notes in parties is common across Nigeria especially in the southern part of the country.

FEATURED2 hours ago

Delta Police Rescue Kidnapped Woman, Arrest 5 Suspected Kidnappers, Cultists in Otu-Jeremi, Abraka

FEATURED7 hours ago

Madonna University Expels Final-Year Nursing Student, Suspends 14 Others Over Viral TikTok Dance Video

Defense and Security1 day ago

IGP Deploys DIG, 2 CPs to Imo as Police Intensify Search for Abducted Corps Members, 18 Others

FEATURED2 days ago

If Fuel Price Drops To ₦600, I’ll Dump Atiku And Campaign For Tinubu – Rotimi Amaechi

FEATURED2 days ago

Customs, Stakeholders Renew Commitment To Blue Economy At Onne Port

NEWS2 days ago

Oborevwori Mourns As Delta Elderstatesman, Mike Adiotomre, Dies At 88

BUSINESS2 days ago

USCIS to Increase Asylum, Work Permit Fees From October 16, 2026 — See New Rates

FEATURED2 days ago

EFCC Secures Final Forfeiture Of 431 Phones From Convicted Chinese Cyber-Fraudsters In Lagos

FEATURED2 days ago

How Warri Youths Shut Down Effurun With 5km Run For Tinubu, Oborevwori

secure number one position
FEATURES3 days ago

Man Arrested for Allegedly Macheting Father to Death in Rivers

FEATURED3 days ago

Tompolo, Otuaro Focused on Socio-Economic Empowerment, Not Critics – Niger Delta Group Replies Ezekiel

Nigerian content
BUSINESS3 days ago

Nigeria At 66: Chevron Says 90% Of Workforce Nigerians, Reaffirms Partnership With Nigeria

BUSINESS3 days ago

Made-In-Nigeria: Harvestfield Begins Local Production Of Next-Gen Mosquito Nets In Ogun

FEATURED3 days ago

Independence Day: Nation-Building Is Our Shared Responsibility – Okowa

FEATURED3 days ago

Oborevwori Deploys Julius Berger to Repair Collapse Agbarho Section of East-West Road

Advertisement
Advertisement

z

   


Article Banner