8 Ways Naira Can Be Abused

According to CBN, here are 8 ways Naira can be abused:

1. Spraying: It is against the law to spray the Naira banknotes at occasions.
2. Writing: It is against the law to write on banknotes
3. Stapling: It is against the law to staple the banknotes as the pins can cause corrosion of the banknotes
4. Tearing: It is also against the law to tear the banknotes
5. Soiling: It is against the law to dance/stamp on the naira banknotes. Do not stain the banknotes with oil or ink, as this is also a form of defacing
6. Sale: It is against the law to sell currency banknotes.
7. Mutilation: A person who tampers with the Naira note or coin is guilty of an offence, punishable by law (CBN Act Section 21)
8. Rejection: It is against the law to reject the Naira (Section 20 subsection 5)