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Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN - Business - Nairaland

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Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by olaboo123: 9:55am On Oct 05, 2018
CBN bans spraying of money In parties across Nigeria, says those caught are liable to be jailed of pay 50k fine


A new directive from CBN says mobile courts are now to summarily try those bastardising the national currency, the naira. The committee said those who “spray” naira notes at parties risk going to jail for six months or earning a fine of N50,000 after trial by mobile courts that would be deployed nationwide.



Central Bank of Nigeria (CBN) spokesman Isaac Okorafor said the police and the Ministry of Justice would be involved in the operation, adding:

“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 envelop, 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.”



Managing Director of First Securities Discount House (FSDH) Merchant Bank Mrs. Handa Ambah said people selling naira notes would be punished.



She said: “We need to let them know that this is money. The fact that you cannot spray money at parties does not mean that you cannot put money in an envelope and pass it to the celebrants.”

via http://onecornergizt./2018/10/cbn-bans-spraying-of-money-in-parties.html

10 Likes 2 Shares

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by majamajic(m): 9:59am On Oct 05, 2018
Na today ?

how wedding wan sweet without spraying money ?

so if I wan spray 500k, I will put it in envelope and go give to couple ?

Naija problem is not about spraying money, but one president enter and print N100, N200, N500 and N1000. before his first 4yrs in office that's what we suffering till today, his name is OBJ. Make una leave Jona and Bubu alone.

61 Likes 1 Share

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Kwamecron(m): 10:08am On Oct 05, 2018
Why

1 Like 1 Share

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by 1899Milan: 11:19am On Oct 05, 2018
olaboo123:

She said: “We need to let them know that this is money. The fact that you cannot spray money at parties does not mean that you cannot put money in an envelope and pass it to the celebrants.”


LOL. . .how does putting it in an envelope and giving the celebrant help them "buga"...lawless society, mobile court will probably collect 20% of the fine (or less) and let go.

49 Likes 3 Shares

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by chigoziri2403(m): 11:26am On Oct 05, 2018
try to arrest e money first.

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Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Nobody: 2:03pm On Oct 05, 2018
sad I suggest those who spray money at parties be beheaded like it is done in sane countries like Iran and Uzbekistan. You can keep bastardizing our currency and claim to be a responsible Nigerian

12 Likes 2 Shares

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Nobody: 2:04pm On Oct 05, 2018
D
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Uglyaddy: 2:04pm On Oct 05, 2018
Yimy grin grin
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Nobody: 2:04pm On Oct 05, 2018
So chief Mgborogwu Ogwu1 of Ngaga will not be spraying money at parties any more cheesy, I don't know why I am
very happy with this new law. May be it's because nobody will be terrorizing me at parties again.
I hope my Anambra blothers will not start spraying Dollars at parties now.
Abeg make them ban the spraying of Dollars too.

23 Likes 1 Share

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Chisaedhor: 2:04pm On Oct 05, 2018
cheesy

What if Dangote sprays money??

2 Likes

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by aguiyi2: 2:04pm On Oct 05, 2018
They sincerely believe this threat will work?, the judges daughter is praying for mad spraying in her wedding.

1 Like

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by nwakibie3(m): 2:04pm On Oct 05, 2018
Dead on arrival

11 Likes 1 Share

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by kidman96(m): 2:04pm On Oct 05, 2018
Increase it to N100,000 since they have the money to throw around.

10 Likes 1 Share

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by magoo10(m): 2:04pm On Oct 05, 2018
Athink na naira dem talk
If I change the money to dollar kwanu

49 Likes 4 Shares

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by beethoven: 2:05pm On Oct 05, 2018
Stupid CBN, As if the people that spray money dont spray in millions. What if I decide to sacrifice 50k out of 2million that I intend to spray. Awon ode oshi

34 Likes 1 Share

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Slymonster(m): 2:05pm On Oct 05, 2018
As if cbn governor would spray money in any of his relatives ceremony
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Klington: 2:05pm On Oct 05, 2018
lubbichi

5 Likes 1 Share

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Nobody: 2:05pm On Oct 05, 2018
WHAT about the GOVERNMENT that allows DIRTY CURRENCIES of different denominations to permeate its society....what do we do to such a dirty government...??

24 Likes

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by antagonist: 2:05pm On Oct 05, 2018
And what if I sprayed dollars? Would I also get arrested and jailed or fined?

13 Likes 1 Share

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by DeeTweenie(f): 2:06pm On Oct 05, 2018
See trouble o, na their money ni?

So how do we shine in parties now?

Something i have already changed mint cash of 100naira notes to Spray, now it wont come to reality

2 Likes

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by megamank(m): 2:06pm On Oct 05, 2018
Okay o....better for party organisers....nor more spraying of naira o....kindly spray dollars or we will organise our parties with POS and transfer laptops available..... U cannot arrest me for spraying dollars na...dollars is not Nigerian currency....let US people complain about it.....chai see money.....please enforce this because those that come and spray 1k in 20 naira denominations would no longer give us work of arranging money after party.....

1 Like

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by gen2briz(m): 2:06pm On Oct 05, 2018
Na to first go and pay 50k fine before spraying.. At least person go spray in peace.

21 Likes

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by enigmang: 2:06pm On Oct 05, 2018
Lol! my Igbo brothers will keep N50k down for the fine and spray all they want!

37 Likes 1 Share

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by queensera(f): 2:06pm On Oct 05, 2018
enigmang:
Lol! my Igbo brothers will keep N50k down for the fine and spray all they want!

13 Likes

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by HolyClement001(m): 2:06pm On Oct 05, 2018
how does it concern CBN they work for their money let them spend it the way they wish... Nigeria government will not attend to important issue chai this is Nigeria Indeed

1 Like

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by chrisifeanyi: 2:06pm On Oct 05, 2018
Law for the poor

4 Likes

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by BruncleZuma: 2:07pm On Oct 05, 2018
grin grin grin grin
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by diebuhari1: 2:07pm On Oct 05, 2018
That's for those spraying Naira, what about those of us that spray dollars?

6 Likes

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by KosyJerry(m): 2:07pm On Oct 05, 2018
Where are the Sweet Men/Boys Association or Money Sprayers of Nigeria... This post is dedicated to you grin
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by geadom: 2:07pm On Oct 05, 2018
Hahahahahahaha......
I just dey laugh in Greek
This is not the fist time they said this

6 Likes

Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by Tedpgrass: 2:07pm On Oct 05, 2018
Yikes..
No fun at parties.
Re: Pay N50,000 Or Be Jailed If You Spray Money At Events In Nigeria - CBN by nextstep(m): 2:07pm On Oct 05, 2018
True talk? Well, police now have a valid reason to "collect their share", if you know what I mean. DOA law. And the major breakers of the ban, NASS members and other ogas. Let them come and arrest. oshi. tongue

2 Likes 1 Share

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