News

CBN Launches National Campaign Against Naira Abuse, Says Offenders Risk Six Months Jail Term 

CBN Launches National Campaign Against Naira Abuse, Says Offenders Risk Six Months Jail Term
Oplus_0

The Central Bank of Nigeria has launched a nationwide campaign against naira abuse, beginning at the Abuja International Trade Fair.
The Bank says abusing the naira , whether spraying at parties or mutilating in markets , weakens confidence, shortens the lifespan of notes, and costs the nation billions in reprints.

Under the CBN Act, offenders risk fines of up to fifty thousand naira or six months imprisonment.

Officials insist the campaign will travel nationwide to remind Nigerians that respecting the naira is key to protecting both the economy and national identity.

·

Related posts

0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
WordPress Theme built by Shufflehound. CURRENT MATTERS COPYRIGHT © 2026 ALL RIGHTS RESERVED | Designed By Enigmaking