The Clean Notes Policy of the Central Bank of Nigeria was implemented with the aim of enhancing the visual appeal and durability of the banknotes in circulation.
According to the apex banking institution, the objective is to guarantee that the naira banknotes in circulation maintain a high standard of quality, enabling them to be easily processed and accepted by the general public.
Below are the ways you can abuse the naira:
Spraying:
It is illegal to spray banknotes at events.
Writing:
Writing on banknotes is prohibited by law.
Stapling:
Stapling banknotes is prohibited by law due to the potential for corrosion caused by the pins.
Tearing:
Tearing banknotes is also illegal.
Dancing or stamping on naira:
Dancing or stamping on naira banknotes is prohibited by law. Getting oil or ink on the banknotes can be considered a form of defacing.
Selling:
Selling currency banknotes is illegal.
Mutilation:
Anyone caught tampering with the naira note will face legal consequences, as stated in the CBN Act Section 21.
Rejecting the naira:
Rejecting the naira is strictly prohibited by law (Section 20, Subsection 5).
Money bouquets:
In February 2023, the CBN also identified money bouquets as a type of naira abuse.
Bobrisky’s sentencing today is not an isolated incident. Earlier in February 2024, Nollywood actress, Oluwadarasimi Omoseyin, was also convicted and sentenced to six months in prison with an option of N300,000 fine to be paid into the consolidated revenue account of the federation for defacing the naira notes by spraying and stepping on them at a social event in Lagos.
At the friend’s wedding on January 28, 2023 where she was found guilty she seen in the viral video to be flaunting wads of the new naira notes and sprayed N200 and N100 Naira notes at the occasion.
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