With the flashlights of the Financial and Monetary Crimes Fee on abusers of Naira, Nigerians have devised new strategies to make sure that the funfair that comes with the spraying of naira at social features stays.
Nigerians turned aware of the seriousness of the crimes when the anti-graft company made a press release with a controversial cross-dresser, Idris Okuneye, aka Bobrisky, who was sentenced to six months imprisonment with out the choice of high quality for abusing the Naira.
Earlier in February 2024, actress, Oluwadarasimi Omoseyin, was convicted and sentenced to 6 months in jail for defacing the naira notes by spraying and stepping on them at a social occasion in Lagos.
After Bobrisky’s conviction a socialite, Pascal Okechukwu, aka Cubana Chief Priest, bought a N10m bail after he pleaded ‘not responsible’ to a cost of abusing the Naira.
After the previous’s conviction and the latter’s trial, PUNCH On-line presents a listing of 9 actions involving the naira that would result in authorized penalties.
Within the report, The PUNCH listed spraying, writing, tearing, stapling, dancing or stamping on the naira, promoting, mutilating, rejecting the naira, and cash bouquets as actions involving the naira that would result in authorized penalties.
The Clear Notes Coverage of the Central Financial institution of Nigeria was carried out to reinforce the visible enchantment and sturdiness of the banknotes in circulation, as said on the official web site of the apex financial institution.
In response to the CBN, the target is to ensure that the naira banknotes in circulation keep a excessive commonplace of high quality, enabling them to be simply processed and accepted by most of the people.
However in beating the offences, partygoers and musicians have invented new methods of spraying the naira.
With the invention, some musicians have applauded the EFCC’s current transfer to implement the ban on abuse of the Naira.
Although many consider that the ban on spraying cash at events will have an effect on musicians, particularly indigenous ones, a few of them have mentioned it’s a good improvement.
In separate interviews with one in every of our correspondents, fashionable musicians— Wasiu Alabi, aka Pasuma; Saheed Osupa, and Adewale Ayuba— maintained that the nation’s foreign money needed to be revered.
Listed here are among the methods invented by partygoers to spray cash at social features.
Cash packing containers: Often utilized by musicians, packing containers at the moment are everlasting options of social features in Nigeria supplied by celebrants or musicians for attendees who moderately than spray cash would simply drop their wads of money to honour the celebrants or recognize the craft of musicians.
Financial institution switch: Visitors at weddings, burial ceremonies, and birthdays amongst others now switch cash by way of their banks’ apps to celebrants whereas on dance flooring to exchange the quantity that ought to have been sprayed on the celebrants.
Cash vouchers: Partygoers of any social operate should buy the equal quantity they intend to ‘spray’ celebrants as cash vouchers and switch the money equal to the agent’s account (occasion planners).
For the cash vouchers, the photographs of the celebrant or occasion host are printed on the notes. The frequent denominations are N1000 and N500 notes.
