Money Bouquets Now a Crime in Nigeria

Central Bank of Nigeria (CBN) has officially declared money bouquets, and similar cash-based gifts like money cake, as a form of naira abuse and a criminal offence under Nigerian law.

The apex bank made this firm position known in a public notice shared on its verified social media channels, where it highlighted various actions that amount to disrespecting or tampering with the nation’s legal tender. According to the CBN, attaching or arranging naira notes into bouquets, often used as flashy presents at birthdays, weddings, Valentine’s Day, and other celebrations, falls under this prohibited category alongside spraying, selling, squeezing and defacing of naira notes.

Under Section 21 of the Central Bank of Nigeria Act, 2007, anyone found guilty of tampering with the naira can face serious consequences. The law stipulates that such offences can attract a minimum of six months’ imprisonment, a fine of at least ₦50,000, or both, once a court convicts the offender.

The CBN has urged Nigerians to treat the naira with respect, stressing that it is not just paper money but a symbol of national pride and economic stability. Citizens are also encouraged to report incidents of naira abuse to the apex bank through its dedicated communication channels.

This clarification comes amid heightened enforcement efforts by financial and law-enforcement agencies, including cases where individuals have been investigated for spraying and other improper handling of the currency.

While some Nigerians view the policy as necessary to protect the currency’s integrity, others say the definition of “abuse” could dampen long-standing cultural practices at celebrations. Either way, the message from the CBN is unambiguous: using naira as a decorative gift could land you in trouble with the law

Iwebema Emmanuel

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