"Spray Money At Any Party And Go To Jail' - CBN Tells Nigerians


The Central Bank of Nigeria CBN has reportedly banned the spraying of money at parties in the country with claims that such act bastardizes the national currency, Naira.

According to CBN'S spokesman, Isaac Okorafor who announced the ban, those who now “spray” Naira notes at parties risk going to jail for six months or earning a fine of N50,000 after trial by mobile courts that would be deployed nationwide.

While stressing that in the statement released on the ban that the police and the Ministry of Justice would be involved in the operation, Isaac Okorafor said;

“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.

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

“If you want to give, put the money in an envelop, and give it the celebrant. Let’s know that anybody hawking and writing on the naira will face six months in jail or N50,000 or both.”

While also speaking on the ban, the Managing Director of First Securities Discount House (FSDH) Merchant Bank Mrs. Handa Ambah who npted that those who sell Naira will also be punished said;

“We need to let them know that this is 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.”

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