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Home»Economy & Business»Nigerian Socialite Charged for Abusing Banknotes Amid Crackdown on Currency Abuse
Economy & Business

Nigerian Socialite Charged for Abusing Banknotes Amid Crackdown on Currency Abuse

Johnson AkinyiBy Johnson AkinyiApril 17, 2024Updated:November 11, 2025No Comments0 Views
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Nigerian Socialite Charged for Abusing Banknotes Amid Crackdown on Currency Abuse
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Lagos, Nigeria — Nigerian socialite and businessman, Pascal Okechukwu, popularly known as Cubana Chief Priest, has pleaded not guilty to charges of abusing banknotes, a crime highlighted by authorities as damaging to the nation’s image. The charges were laid following several incidents where Okechukwu allegedly threw naira notes into the air at social gatherings, a common but technically illegal practice known as “spraying.”

The Economic and Financial Crimes Commission (EFCC), Nigeria’s leading anti-crime agency, is spearheading a vigorous campaign against all forms of naira abuse, which includes “spraying” money at events where it can be trampled upon. This campaign has led to a heightened scrutiny of public figures and their treatment of the national currency.

Okechukwu, who owns a well-known nightclub in the oil-rich Delta State, faced the court on Wednesday in Lagos’ Federal High Court where he was granted bail set at 10 million naira (approximately $8,600). Following his court appearance, Okechukwu took to Instagram, expressing gratitude for the support from his followers, saying, “Seeing all your messages & love I’m so humbled.”

This arrest comes in the wake of a similar case involving popular internet personality Bobrisky, who was recently sentenced to six months in prison for a comparable offense. February also saw actress Oluwadarasimi Omoseyin receiving a six-month prison sentence for spraying and stepping on new naira notes.

The EFCC stated on Sunday that it is currently investigating several celebrities for allegedly abusing the naira, with many having provided “useful statements” to the investigators. According to the agency, about 200 people across Nigeria are facing prosecution for naira abuse, with 24 already convicted.

The crackdown reflects growing concerns over the preservation of the naira’s sanctity and Nigeria’s image on the global stage. The judge in Okechukwu’s case remarked that the act of mutilating naira notes has become a menace, urging respect and proper handling of the national currency. As the legal proceedings continue, the spotlight on currency abuse in Nigeria remains intense, signaling a potentially pivotal shift in public behavior towards the national currency.

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Johnson Akinyi
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