National

CBN To Nigerians: Spray Naira Notes, Go To Jail

þ

The Ctral Bank of Nigeria, CBN, has warned Nigerians against spraying the Naira notes in parties and other events.

Isaac Okorafor, the CBN spokesman, who made this known on Thursday in a statement, said defaulters would be jailed for not less than six months and would be given the option of a N50,000 fine.

According to the spokesman, the CBN has concluded the decision to establish mobile courts to prosecute those abusing the Naira notes.

He noted that the security agencies particularly the police operatives would be involved in monitoring the Naira users and ensure that the order is enforced across the nation.

“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.

“The law enforcement agencies must 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,” Mr Okorafor said in a statement on Thursday.

The CBN spokesman urged Nigerians to ensure that monies being gifted to their loved ones either in an event or not are properly enveloped to avoid abusing the note.

 

VAM News

Recent Posts

Senator escapes death in APC primary shooting

Gunshots on Monday rocked some wards in the Ondo Central Senatorial District in Ondo State…

1 hour ago

Woman gives birth in court during drug charge arraignment

A pregnant woman shockingly gave birth to a baby boy in the middle of a…

2 hours ago

APC releases full list of senatorial aspirants not cleared for 2027 race

News Update THE All Progressives Congress, APC, has released the list of senatorial aspirants not…

3 hours ago

2027 Presidency: Goodluck Jonathan joins race

THE Tanimu Turaki-led faction of the Peoples Democratic Party, PDP, is set to screen former…

3 hours ago

Bus kills pedestrian in fatal crash

A pedestrian has lost his life after being knocked down by a Toyota Coaster bus…

4 hours ago

Court Grants El-Rufai N100m Bail, Sets Conditions

The Federal High Court in Abuja has granted bail to former Kaduna State Governor, Nasir…

4 hours ago