Nigeria
Police, in conjunction with the Central Bank of Nigeria (CBN), have arrested 12
women for selling naira notes in parts of Lagos State.
The women were
allegedly selling mint naira notes to people going to parties to ‘spray’
celebrants.
They are
likely to be charged for contravening Section 21 of the CBN Act, 2007.
An official of
the CBN said: “We know that these are not the real targets because if they
don’t get the mint notes, they won’t be able to sell it. So, our main targets
are commercial banks and even our staff who release the money to these vendors
.
We are also
going to start arresting Nigerians who organise events and allow those selling
naira notes in their venues. Already, we have started arresting people who
‘spray’ money at social events.”

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