A video going around on social media on Sunday showed N200 bills customized with a couple's photo and names.
The N200 bills, which are labeled “Wedding Republic of Nigeria” instead of the “Central Bank of Nigeria,” show the date 26-03-2023, as well as the names Emwinghare and Adazee.
The Central Bank of Nigeria has strict rules against altering the country’s currency, considering it “mutilation” and punishable by law.
However, this customization has generated diverse responses from internet users. While some criticized the action as a form of naira abuse, others admired the concept.
Responding to the video, a user named olutayo_richard wrote, “Any action that could lead to widespread naira counterfeiting should be banned, along with naira mutilation.
“Why do people have to display naira spraying as a way of giving cash gifts instead of bank transfers or cash envelopes?”
DannyI05900085 commented, “Naira should not have been printed on the note at all. It could have been 200 only without naira inscription. This is far worse than mutilation. This is a case of fake notes.”
Another tweep, Onlineguru_, claimed, “Many clubs do this.”
JesseNwokoma seemed to praise the idea as he wrote, “Just transfer the worth of what you want to spray, and they give you this, I think it makes sense.”
MRBabaKEN also commented, “This is perfect. Spraying money in events is part of our culture that cannot be erased.”
The apprehension surrounding the spraying of naira comes in the wake of recent legal actions taken against individuals, including controversial cross-dresser, Idris Okuneye, aka Bobrisky, and socialite, Pascal Okechukwu, aka Cubana Chief Priest, for abusing the national currency.
It was also reported on Saturday that the Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, recounted her recent experience at a birthday party, stating that everyone at the party, including her, was afraid to spray the naira.
In light of these developments, PUNCH Online presented a list of nine actions involving the naira that could lead to legal consequences.
The report included that it is illegal to spray banknotes at events; and anyone caught tampering with the naira note will face legal consequences, as stated in the CBN Act Section 21.
It also stated that dancing or stamping on naira banknotes is prohibited by law, and selling currency banknotes is illegal.
Watch video here:
Currency Mutilation: Mixed Reactions Trail Video Of Couple's Customized N200 Notes
A video circulating on social media on Sunday has revealed N200 notes customised with the picture and names of a couple.
The N200 notes labelled "Wedding Republic of Nigeria" in place of the… pic.twitter.com/4pD1LtwSjv
— Punch Newspapers (@MobilePunch) April 21, 2024
