The Central Bank of Nigeria (CBN) has made a new announcement.
The CBN says money bouquet is now a form of naira abuse.
The apex bank made this known in a tweet on Friday while creating awareness of actions that constitute abuse of the currency.
The CBN said other forms of naira abuse include; spraying, selling, squeezing, and defacing.
The apex bank further admonished Nigerians to report cases of naira abuse in the country.
“It is your civic duty to protect the Naira,” the CBN said on Twitter.
It is your civic duty to protect the Naira. Report Naira abuse today.#StopNairaAbuse #RespectTheNaira #BePatriotic pic.twitter.com/CN4SZuIEUT
— Central Bank of Nigeria (@cenbank) February 10, 2023
Last week, the CBN said it would begin to prosecute abusers of the naira in collaboration with other regulatory and law enforcement agencies if such actions violate the law.
The agencies include the Nigeria Police Force (NPF), Federal Inland Revenue Service (FIRS), the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence Unit (NFIU).
