Spraying the Naira is punishable by Six Months Imprisonment – CBN

Image result for spraying nairaThe Central Bank of Nigeria (CBN) has revealed that spraying naira notes is an offence punishable by 6 months in jail.

The Cable reports that the Acting Director of the bank’s Currency Operations Department, Priscilla Eleje, revealed this in a public sensitization and enlightenment campaign in Ibadan on Saturday.

Related image

 

 

 

 

 

 

 

 

 

 

 

 

It’s a crime, she said, one punishable with either the jail term or a fine of ₦50,000 or both.

It is a criminal offence punishable by six months imprisonment or a fine of N50,000 or both to sell, spray or mutilate the banknotes.

It is also a criminal offence which attracts five years imprisonment without an option of fine for anybody to counterfeit the naira. Naira is our pride as a country. So respect it.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.