Abuse naira, go to jail, CBN warns
The CBN has warned that those abusing the naira were liable to go to jail.
It warned that the law banning the “spraying’’ and the stepping on the naira, especially at social gatherings is still in force and offenders are liable to six months imprisonment or a fine of N50,000.
The News Agency of Nigeria (NAN) reports that Section 21(3) of the CBN Act 2007 provides that mishandling of the naira is a punishable offence.
Principal Manager of, the Currency Operations Department at the CBN, Ms Ngozi Etim, gave the warning in Abuja when she spoke with the News Agency of Nigeria (NAN).
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