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Friday, 5 October 2018

Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN

CBN prohibits spraying money In parties across Nigeria, says catches are accountable to imprison the 50k fine


A new directive by the CBN states that mobile courts are now trying to try briefly on those that degrade the national currency, naira. The committee said that those who "spit" the vindicators are pointing out that they are at risk of going to jail for six months or winning a N50,000 fine after a trial by mobile courts to be deployed at a national level.



The representative of the Central Bank of Nigeria (CBN) Isaac Okorafor said the police and the Ministry of Justice would join the company, adding:

"If a dancer dancing and spraying, you can go to jail from the party room because the police will be there waiting for you to conceive.

It is the duty of law enforcement agencies to arrest the offenders and refer them to the court. Our cooperation with the police will be stepped up as we move on to the implementation of the mobile court for offenders. "



Warning the Nigerians about how to use the cash as a gift, Okorafor said, "If you want to give, put the money in a folder and give it a celebration. Let's get to know that any hocker and writing on the naira will face six months in jail or N50,000 or both. "



Managing Director of Emporiki Bank of First Class (FSDH) Ms Handa Ambah said that seafarer vendors would be punished.



He said: "We need to let them know that it's money. The fact that you can not sprachen money in the parties does not mean you can not put money into a folder and transfer it to the celebrations."

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