By Abidemi Samuel
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A disturbing trend of naira abuse persists in Nigeria, with citizens disregarding the ban on mutilating, spraying, and stepping on the national currency. Joe Igbokwe, a chieftain of the All Progressives Congress (APC), brought attention to this issue on his Facebook page, questioning whether the ban on naira abuse has been lifted.
Igbokwe’s concern stems from the widespread practice of throwing naira notes on the ground and walking on them at social gatherings, such as parties, burials, and naming ceremonies. This behavior not only disrespects the national currency but also undermines the efforts of the Central Bank of Nigeria (CBN) to maintain the naira’s value.
In an effort to curb this behavior, the CBN has warned that abusing the naira is punishable by law, with offenders facing a six-month imprisonment or a fine of N50,000. Recently, several Nigerian celebrities, including Bobrisky, Cubana Chief Priest, and Oluwadarasimi Omoseyin, have faced legal consequences for naira abuse.
The CBN has emphasized that the naira is a symbol of national pride and should be treated with respect. The bank has also urged Nigerians to report any instances of naira abuse to the authorities.
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