Ogun Monarch, Kolawole Sowemimo Risks Jail Term Over Alleged Abuse Of Naira

Date: 16-01-2024 9:36 pm (5 months ago) | Author: onuigbo felicia
- at 16-01-2024 09:36 PM (5 months ago)
Online (f)

The National Orientation Agency (NOA), has frowned at the abuse of naira notes by a traditional ruler in Ogun State.

The monarch, Olu Owode, Oba Kolawole Sowemimo in a viral video had allegedly abused the naira while spraying popular fuji musician, Wasiu Ayinde, popularly known as KWAM 1 at a party.

In the viral, the monarch had knitted N1,000 notes together forming a long rope which he wrapped around the neck of KWAM 1.

The monarch was seen personally engaging in the act of abuse with the help of his aide on the dance floor.

But, reacting to this, NOA said the monarch violated Section 21 (3) of the Central Bank of Nigeria Act 2007 as amended, which stipulates that spraying of, dancing or matching on the naira or any note issued by the bank during social occasions or otherwise, howsoever shall constitute abuse and defacing of the naira or such note and shall be punishable under the law by fines or imprisonment or both.

The statement reads partly, “The NOA has the mandate to preserve and promote the integrity of our national symbols and we are compelled to appeal to you and indeed all traditional rulers to see it as part of your duty to preserve these symbols as part of our national culture.

“These symbols are icons that define us as a sovereign nation and respect for them is also respect for our country,”
Issa-Onilu said.

Issa-Onilu, however, appealed to the monarch to desist from such an act and rather become an apostle against abuse of the Naira notes.

Posted: at 16-01-2024 09:36 PM (5 months ago) | Addicted Hero
- gogoman at 16-01-2024 10:49 PM (5 months ago)
Online (m)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Posted: at 16-01-2024 10:49 PM (5 months ago) | Grande Master
- maxzy277 at 17-01-2024 06:51 AM (5 months ago)
Made in Nigeria
Posted: at 17-01-2024 06:51 AM (5 months ago) | Gistmaniac
- kp45 at 17-01-2024 08:22 AM (5 months ago)
 Shocked Shocked Shocked Shocked Shocked
Posted: at 17-01-2024 08:22 AM (5 months ago) | Addicted Hero


  1. VIDEO: Burna Boy’s Epic Reaction Goes Viral After He Spotted Rema In Paris

  2. Armed Robbers Arrested For Killing Security Guard In Jigawa

  3. Touching Moment Bride Cries As She Search For Her Husband During Their Traditional Wedding

  4. VIDEO; Nigerian Man Shocked To See Robot Deliver His Food To His Hotel In China

  5. Nnamdi Kanu Seeks Negotiation With FG Over Alleged Terrorism Charges

  6. "If Your Man Locks His Phone, Lock Your Private Part Too" - Nigerian Lady Advises Women

  7. VID: Presidency Slams Aisha Yesufu Over Allegations Of Tinubu Being ‘Disgraced’ In South Africa

  8. 'Osimhen Not Banned From Super Eagles' – NFF Reveals

  1. Another Veteran Nollywood Actress Stella Ikwuegbu is Dead

  2. Video Of Missing Ladies, Celine And Afiba Lying Unclad On Andrew’s Bed Surfaces

  3. STEEZZZZ! Throwback Photo Of Little Davido With His Dad And 'Uncle' Aliko Dangote

  4. Man Sparks Speculation After Spotting New Photo Of Wizkid's Babymama With Protruding Stomach

  5. Reno Omokri Tackles Peter Obi Over His Criticism Of ‘New’ Presidential Jet For Tinubu

  6. Woman Who Returned To Nigeria Barely A Week Ago Dies Of Cholera Amidst Recent Outbreak In Lagos

  7. Warri Pikin Addresses Viral Photo Of Her Trending Backside After A Football Match

  8. Tragedy Strikes Kubwa Hotel: Sex Worker, Zara Tua Stabbed To Death By Clients

  9. Tinubu's Aide, Kabir Masari Releases Official Portrait Spelling His Role in The Presidency

  10. "You’re Not From The Royal Family" - Oba Of Benin Tells LP Guber Candidate, Olumide Akpata