The National Orientation Agency has issued a strict warning to the Olu of Owode Egba, Oba Aremo Sowemimo, for abusing the naira notes.
In a viral video, the monarch was seen spraying the naira notes on a musician during his 13th anniversary of ascension to the royal stool.
Reacting to the video in a statement signed and directed to the monarch, Director General, NOA, Lanre Issa-Onilu, said the display was an abuse of the national currency that attracts imprisonment, fines or both.
“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 mean also respect for our country,”
Issa-Onilu noted that the monarch’s action is punishable under the law.
The DG, however, called on the monarch to join the agency in the fight against indiscriminate abuse of the currency.
“We implore you, sir, to join the NOA in finding a solution to the indiscriminate abuse of the currency by enlightening your community members on the legal consequences of the abuse of the Naira and promoting the integrity of all our national symbols,” the NOA boss added.
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