DAILY LAW TIPS by Onyekachi Umah,Esq.(Tip 254)
“IS IT ILLEGAL TO SPRAY OR DANCE ON NAIRA NOTES (MONEY)
IN NIGERIA”.
It is your right to own and keep money and even dance in social
events. Please note that is illegal to spray, sprinkle, shower or
throw Naira notes in any part of Nigeria. It is also illegal to
dance, step or match on Naira notes in any event including social
gatherings in any part of Nigeria.
They are offences punishable with not less than 6 months
imprisonment and or fine of N50,000.00.
My authorities are sections 21 and 61 of the Central Bank of
Nigeria Act, 2007.
NOTE
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shall resume on 20th January 2019.
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