The Federal Government has announced a nationwide ban on the use of Naira notes for decorative and celebratory purposes ahead of Valentine’s Day festivities.
The directive, issued through the Central Bank of Nigeria, specifically prohibits practices such as money bouquets, cash towers, money-themed cakes and the spraying of banknotes at parties and events.
According to the apex bank, folding, shaping, stapling or spraying Naira notes amounts to defacement of legal tender and violates Nigeria’s currency laws.
Authorities described the growing trend, especially during weddings, birthdays and Valentine’s celebrations, as disrespectful to the national currency.
“The Naira is a symbol of national pride and sovereignty. It must be handled with dignity,” the bank stated, warning that offenders risk arrest and prosecution.
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Security agencies have been directed to monitor event centres, social gatherings and public celebrations where such practices are common.
Event planners, vendors and individuals found engaging in the misuse of banknotes could face legal consequences under existing regulations.
The government urged Nigerians to embrace alternative gift options such as flowers, greeting cards, hampers and other creative presents that do not involve tampering with the country’s currency.
With Valentine’s Day approaching, authorities insist that expressions of love should not come at the expense of the integrity of the Naira.
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