‘It’s A National Symbol’ – CBN Warns Nigerians Against Naira Spraying, Hawking, Mutilation

The Central Bank of Nigeria (CBN) has cautioned Nigerians against spraying, hawking, mutilating, or counterfeiting the naira, describing it as a “critical national symbol” that must be respected and protected.

The Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, delivered the warning on Thursday while representing the CBN Governor, Mr. Olayemi Cardoso, at the CBN Fair held in Kaduna.

Mrs. Sidi Ali stressed the importance of treating the national currency with dignity.

“I encourage you to respect and keep the Naira clean. Do not spray, hawk, mutilate or counterfeit the Naira. It is our critical national symbol,” she said.

She explained that the CBN Fair was designed as a platform to interact with members of the public on the Bank’s policies for sustainable economic growth and development.

The CBN official also advised Nigerians to rely only on information from the Bank’s verified channels to avoid being misled.

“I urge everyone here to rely only on information disseminated through the verifiable official channels of the Central Bank of Nigeria,” she added.

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In his welcome remarks, the Branch Controller of CBN Kaduna, Mr. Ahmed Dalhatu, described the Fair as one of the Bank’s major enlightenment initiatives aimed at sensitising the public on its policies, programmes, and interventions.

According to him, the engagement also helps deepen financial literacy, promote transparency, and strengthen trust between the apex bank and Nigerians.

Mr. Dalhatu further emphasised the importance of public awareness in navigating Nigeria’s economic challenges.

“As we navigate the evolving economic landscape both globally and locally, the need for increased public awareness of monetary policy, financial inclusion, consumer protection, digital payments, and intervention programmes cannot be overemphasised. The CBN remains committed to ensuring a sound financial system and an inclusive economy where every Nigerian can thrive,” he stated.