Nigerians who abuse the naira recklessly to be prosecuted

Nigerians who abuse the naira recklessly to be prosecuted

Those who spray naira notes at parties risk going to jail, the Bankers Committee has warned. To curb the hawking and reckless abuse of the Naira, the

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Those who spray naira notes at parties risk going to jail, the Bankers Committee has warned.
To curb the hawking and reckless abuse of the Naira, the Central Bank of Nigeria (CBN) is working with the law enforcement agencies, the judiciary and the Federal Ministry of Justice to set up mobile court that will try the Naira offenders on the spot. This was  among the outcomes of the Bankers’ Committee meeting yesterday in Lagos. Mobile courts are to try those bastardising the national currency, they said.

Issuing the warning, the Bankers Committee said the mobile courts would be deployed nationwide to try those mishandling the currency. CBN spokesman Isaac Okorafor said: “If a celebrant is dancing and you spray him/her, you may go to jail from the party venue because the law enforcement agents will be there, waiting to arrest you. It is the duty of law enforcement agencies to catch offenders and take them to court. Our collaboration with the police will intensify as we move to implement the mobile court for offenders.”

Admonishing Nigerians on how to use cash as gift, Okorafor said: “If you want to give, put the money in an envelope and give it the celebrant. Let’s know that anybody hawking and writing on the naira will face six months in jail or N50,000 or both.”