✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

Naira abuse: Cultural spirit forcing Yoruba to spray money, Oluwo tells EFCC

The Oluwo of Iwoland, Oba Abdulrosheed Adewale Akanbi, has described the recent litigations by the Economic and Financial Crimes Commission against naira abuse as a…

The Oluwo of Iwoland, Oba Abdulrosheed Adewale Akanbi, has described the recent litigations by the Economic and Financial Crimes Commission against naira abuse as a misplaced priority.

According to him, the practice of spraying money is more cultural to the Yoruba and Igbo.

“There is a cultural spirit in Yoruba that forces you to spend money uncontrollably at your exciting moment. I’m sure the spirit will be tamed when people have public knowledge of possible penalties for naira abuse. The commission should not place cart before the horse,” Oluwo said in a statement on Wednesday by his press secretary, Alli Ibrahim.

He advised the operatives of the EFCC to conduct comprehensive enlightenments for Nigerians on naira handling before enforcing penalties.

He asked EFCC to exercise caution and redirect their efforts to public enlightenment on naira handlings and impending punishment for offenders.

He, however, commended the commission on its efforts in recovering stolen funds.

The monarch states: “The recent litigations by the EFCC against naira abuse is a misplaced priority. The practice of spraying money is more cultural to the Yorubas and Igbos. There is a cultural spirit in Yoruba that forces you to spend money uncontrollably at your exciting moment. I’m sure the spirit will be tamed when people have public knowledge of possible penalties for naira abuse. The commission should not place cart before the horse”

“EFCC should device both print and electronic media to enlight the public on those acts constituting naira abuse and spell out penalties. The public knowledge will unavoidably caution individuals and empower the commission to identify and punish arrogant naira abusers”.

The royal father sought capital punishment for corrupt officials.

LEARN AFFILIATE MARKETING: Learn How to Make Money with Expertnaire Affiliate Marketing Using the Simple 3-Step Method Explained to earn $500-$1000 Per Month.
Click here to learn more.

AMAZON KDP PUBLISHING: Make $1000-$5000+ Monthly Selling Books On Amazon Even If You Are Not A Writer! Using Your Mobile Phone or Laptop.
Click here to learn more.

GHOSTWRITING SERVICES: Learn How to Make Money As a Ghostwriter $1000 or more monthly: Insider Tips to Get Started. Click here to learn more.
Click here to learn more.

SECRET OF EARNING IN CRYPTO: Discover the Secrets of Earning $100 - $2000 Every Week With Crypto & DeFi Jobs.
Click here to learn more.