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Nairaland Forum / Nairaland / General / Business / Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN (32698 Views)
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Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by wisdom042(m): 2:53pm On Oct 05, 2018 |
CBN which way na abi una no knw say spraying of money dey give d event swag. Abeg make una no spoil our fun o we dey enjoy am. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by akphrat(m): 2:54pm On Oct 05, 2018 |
I pity all these FUJI artiste now |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Nuzo1(m): 2:56pm On Oct 05, 2018 |
1899Milan: No mobile court will collect any bribe from you if you do as instructed by CBN. So, the lawlessness usually starts from the person who breaks the law by spraying money on the floor. These rules are very simple to observe. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by SoNature(m): 2:57pm On Oct 05, 2018 |
DeeTweenie: It is Nigerian currency It costs Nigerian government a lot to replace mutilated cash Even before CBN accepts that damaged cash from banks, the commercial banks pay some form of tax, that's why some banks reject damaged cash I know that laws don't work in Nigeria, but I'd love to see this one work It's only in Nigeria that people sell mint (new wads of note). Indeed, a lot of crazy things happen here. But this policy, if fully implemented, will run those people out of business. 1 Like |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by AdonaiAluminium: 2:59pm On Oct 05, 2018 |
I hope my Yoruba friends are listening Contact us for all Your roofing Jobs, water collector systems, insulated roofing sheets, roof maintenance services etc |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Ugosample(m): 3:10pm On Oct 05, 2018 |
1899Milan:exactly |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Ugosample(m): 3:11pm On Oct 05, 2018 |
venai: "terrorising" you ![]() How can a guy spraying money terrorise you? 1 Like |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Ugosample(m): 3:15pm On Oct 05, 2018 |
kokomilala:what worries me even is the notice for spraying, not even the spraying itself the motive is very wrong (show off/intimidation) |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by oladele00(m): 3:16pm On Oct 05, 2018 |
The yourubas are in serious mess... It is a step in the right direction |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by colossus91(m): 3:19pm On Oct 05, 2018 |
and 50k will stop yahoo boys and our so called "investors" from spraying? wonderful law ![]() |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Ugosample(m): 3:21pm On Oct 05, 2018 |
SoNature:why would the cbn even tax the commercial bank for the damaged notes ![]() What kind of useless country is this bikonu? It costs them so much to print money bla bla is no excuse how about improving the e platforms and mobile money and other platforms like that to reduce drastically the dependence on cash? I thank God at least when last i was in Nigeria, the POS culture and the *737 transfer culture is taking shape, but we need to do more elsewhere, you might not even need to carry much cash sef all the payments you make that day, from transport to food and every other thing can be done via transfers but my shameless $hithole country of origin is still far far behind Even Kenya has done wonders with their m-pesa so much so that even market women have embraced that innovation but in Nigeria? ![]() ![]() 1 Like |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by SAMBARRY: 3:21pm On Oct 05, 2018 |
majamajic:don't mind them.do you know since when they've been making these empty threats? Moreover when I start seeing decent and clean 100 naira notes in circulation,they can come back and make threats,till then they should take several seats back |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by kokomilala(m): 3:28pm On Oct 05, 2018 |
@Ugosample,you're right.It was my people, the Yoruba, who started this nonsense, but they've injected the whole nation with its virus. We should do away with cultures that project us as idiots or people who don't know what they're doing in the eyes of the world. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by 1899Milan: 3:28pm On Oct 05, 2018 |
Nuzo1: You do know you can use the same energy applied to the second bolded for the first. I dont know where in my statement i indicated I'll bribe a mobile court. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Ogaini: 3:32pm On Oct 05, 2018 |
Some of our laws are simply ridiculous and annoying. Is this our major problem? Can you spray if u don't have? Concentrate on proffering solutions to our economy problems. Those stealing our monies with impunity are the ones abusing our naira. After all, the law is dead on arrival. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Elxandre(m): 3:43pm On Oct 05, 2018 |
Ogaini:Defacing of currency notes is not a joke. It's a national symbol. I believe many countries have similar laws. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by dnawah(m): 3:47pm On Oct 05, 2018 |
olaboo123:people will pay more than that just to spray the money.or change naira into other currencies. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by olowo1930: 3:52pm On Oct 05, 2018 |
I don't support it, what should be the problem of CBN is how Naira can be equal with dollars , spraying money during functions is part of our culture. we have freedom of culture and traditions in our Constitution. if not remove our traditional rulers. the weak laws for poor Nigerians |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by delpee(f): 3:54pm On Oct 05, 2018 |
In the olden days in Yorubaland, coins were sprayed. They're durable so the impact was not felt. Fast forward to the paper money era; it now looks ridiculous pasting money on sweaty faces and trampling on currency notes on the dancing floor. I know its a lot of fun but its getting out of hand. Counting the money at the end of the day is fun too. ![]() Still this is one culture that we really need to stop. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by olowo1930: 3:55pm On Oct 05, 2018 |
kokomilala:do we Yorbuas offend you? it's our culture and their is free of culture and traditions in our Constitution. I think the CBN problem should be how they can make naira equal to dollar |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Tonymegabush1(m): 4:04pm On Oct 05, 2018 |
Hope they are getting ready cuz I have a party 2moro were I will spray my 10 10 naira mint notes, Pls make una give them my location address I will be waiting |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Ayintabazin2(m): 4:04pm On Oct 05, 2018 |
if dy don't spray money how will our economy grow? |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by olexjay(m): 4:06pm On Oct 05, 2018 |
Then you spray dollar or euro, dollar or euro are not naija currency |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by olowo1930: 4:06pm On Oct 05, 2018 |
kokomilala:sir, what is the effect of spraying naira notes to you? when we have freedom of culture and traditions in our Constitution. them remove all traditional rulers, the CBN Should make naira valuable and equal to dollar. leave people who make their living through spraying. am used to functions , the foreigners do more than Nigerians.thank you |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by olowo1930: 4:09pm On Oct 05, 2018 |
IbrahimDamola:the money you have and it doesn't reflect in your outlook is not your money, money commands variety. pls spend it so that another bigger ones can come in |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by GetCofOProperty: 4:13pm On Oct 05, 2018 |
The CBN with its tootless policies again... Hope this will be well implemented and monitored this time around. Else the officials collect bribes from defaulters and allow them have a field day? Check our signature below and reach out to us. These are good and genuine properties in good locations that gives you peace of mind and boast of a huge return on investment. Don't miss any of it. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by SoNature(m): 4:19pm On Oct 05, 2018 |
Ugosample: Nigeria is home to the highest concentration of illiterates in the world. Sometimes, it's hard to differentiate between an illiterate and an educated person in Nigeria. Sincerely, I don't know if it's because of culture but it's true. When Sanusi was CBN governor, he pushed e-banking into the mainstream. But the challenge he faced was convincing the illiterates and the educated illiterates as well. Speaking of Kenya, I think Nigeria has the biggest FinTech industry on the continent, and the first country to evolve a unicorn. So, it's unfair to compare Nigeria with a country whose population isn't up to a quarter of Nigeria's population. In conclusion, Nigeria is miles away from implementing e-pay by 100% because our illiteracy level is alarming. And I don't want to see people destroying the naira at parties |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Justin1: 4:20pm On Oct 05, 2018 |
They dont just want to make it easy for my igbo brothers.. This one is for them or is there anyother tribe this news will affect more? Las las na excuse for some people. � |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Nuzo1(m): 4:24pm On Oct 05, 2018 |
1899Milan: I should be the one asking you this question given that your first post on this topic was how the mobile court will be taking bribe. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by tfelicityk(m): 4:26pm On Oct 05, 2018 |
Na today... Even the police will not be able to arrest lawmaker spraying money in event... Instead the police will leave his duty post and give the lawmakers protection... |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by toggy: 4:32pm On Oct 05, 2018 |
Though the law is good. But the most important thing the CBN should consider is the nature of some of our naira especially the lower demoniation i.e. 50, 100, 200 naira notes. These set of naira should be reprinted and the old ones taken out of circulation. The issue of bank charges is also a serious concern The issue of ATM. A situation whereby banks will have like 10 ATM machine and non will dispense money especially during the holidays and weekend. This is wickedness and lack of committment on the part of the banks. Please take note. |
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Bishop777: 4:37pm On Oct 05, 2018 |
olaboo123: |
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