Wednesday 18 July 2018

Spraying the Naira is punishable by a 6months jailterm – CBN

https://ift.tt/2NrS8o5

Spraying the Naira notes according to the Central Bank of Nigeria (CBN)is an offence punishable by 6 months in jail.

Acting Director of the bank’s Currency Operations Department, Priscilla Eleje, according to The Cable, made this known in a public sensitization and enlightenment campaign in Ibadan on Saturday.

It’s a crime, she said, one punishable with either the jail term or a fine of ₦50,000 or both.

It is a criminal offence punishable by six months imprisonment or a fine of N50,000 or both to sell, spray or mutilate the banknotes.

It is also a criminal offence which attracts five years imprisonment without an option of fine for anybody to counterfeit the naira. Naira is our pride as a country. So respect it.

The post Spraying the Naira is punishable by a 6months jailterm – CBN appeared first on Miss Petite Nigeria Blog.

0 comments:

Post a Comment