Naira abuse: Yoruba and Igbo people are known to generously spray money at parties due to their spirit of celebration- Oluwo

Oba Abdulrosheed Adewale Akanbi, the Oluwo of Iwoland, has emphasized that the act of spraying money at parties is deeply rooted in the cultural traditions of both the Yoruba and Igbo ethnic groups.

In a statement released by his press secretary, Alli Ibrahim, the Oluwo expressed his concern over the recent focus of the Economic and Financial Crimes Commission (EFCC) on individuals who abuse the Nigerian currency, describing it as a misdirected priority.

Instead, he urged the EFCC to prioritize comprehensive public enlightenment campaigns on responsible naira handling before enforcing penalties.

The Oluwo highlighted the cultural significance of the practice of spraying money, particularly among the Yoruba people, where it is considered a way to celebrate and express joy during special occasions.

He believed that by increasing public awareness of the potential consequences of naira abuse, the cultural spirit that compels individuals to spend money lavishly would be tempered.

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The Oluwo urged the EFCC to utilize various media platforms, including print and electronic media, to educate the public about the actions that constitute naira abuse and the corresponding penalties.

This, he believed, would not only serve as a deterrent but also enable the EFCC to identify and punish those who arrogantly misuse the currency.

The Oluwo’s statement came in response to recent cases where the EFCC had taken legal action against individuals involved in naira abuse.

Notably, popular cross-dresser Idris Okuneye, also known as Bobrisky, was convicted, and business entrepreneur Pascal Okechukwu, popularly known as Cubana Chief Priest, was arraigned before a Lagos High Court on charges related to naira abuse.

The Oluwo’s stance reflects his belief that while naira abuse should be addressed, the EFCC’s approach should prioritize public education and awareness to effectively curb the cultural practice of spraying money at celebratory events.