In the wake of the recent imprisonment of Idris Olarewaju Okuneye, better known as Bobrisky, for his involvement in naira abuse, NAIJAUPDATE brings forth a comprehensive guide outlining nine practices concerning the handling of naira notes that could potentially lead to legal repercussions.


This elucidation comes in the aftermath of Justice Abimbola Awogboro's sentencing of Bobrisky, a contentious figure known for his cross-dressing persona, with the aim of serving as a deterrent to others who may be inclined towards similar acts of currency abuse and mutilation.


At the heart of these legal considerations lies the Clean Notes Policy instituted by the Central Bank of Nigeria (CBN), a directive aimed at enhancing the visual appeal and durability of the currency circulating within the economy.


As articulated on the apex bank's official website, this policy underscores the importance of maintaining a high standard of quality for naira banknotes to ensure seamless processing and acceptance by the public.


Outlined below are nine actions involving the handling of naira notes that are expressly prohibited by law:
1, Spraying: The act of spraying banknotes at events is deemed illegal and subject to legal consequences.


2, Writing: Any form of writing on banknotes is strictly prohibited by law.


3, Stapling: The practice of stapling banknotes is forbidden due to the potential for corrosion caused by the pins.


Read More: https://naijaupdate.ng/naira-notes-nine-practices-that-could-land-you-in-trouble/

Is this the most important thing on EFCC list?
The kind of energy they spend on this nonsense is enough to curb corrupt politicians.