Popular Nigerian comedian and actor Ayo Makun, better known as AY, was recently questioned by the Economic and Financial Crimes Commission over the public spraying of both Nigerian and foreign currencies during a social gathering.
AY, in a post shared via his Instagram page on Wednesday, disclosed that he honored the EFCC’s invitation on Monday, May 5, and was interrogated about the incident, which the authorities considered a violation of Nigeria’s financial regulations concerning currency abuse.
“On Monday, I was invited by the EFCC regarding an incident involving the public spraying of both local and foreign currencies,” AY wrote. “It’s an act that has now been deemed an offense under the laws prohibiting the abuse of the Naira.”
Spraying money during celebrations like weddings and funerals is a long-standing tradition in Nigeria, but the Central Bank of Nigeria (CBN) considers such actions to be currency mutilation, punishable under Section 21 of the CBN Act, 2007.
The comedian expressed gratitude to the anti-graft agency for its understanding, noting that he was pardoned after it was confirmed that the money he sprayed was not connected to any criminal or illicit activities.
“I want to sincerely thank the EFCC and all authorities involved for their understanding and for granting me a pardon based on confirmation that the money being sprayed is not linked to proceeds of crime,” he added.
He described the experience as a learning opportunity and pledged to use his platform to raise awareness about the importance of respecting the national currency.
“Spraying money may be part of our culture, but we must understand that defacing, tearing, or mishandling the Naira is a serious legal offense. Respecting our currency is a step toward respecting our nation,” he said.
AY also shared educational slides on his Instagram post to inform the public about the legal dos and don’ts regarding the use of currency.
In a related development, Nollywood actress Iyabo Ojo confirmed that she was also contacted by the EFCC concerning the spraying of money at her daughter’s wedding. She revealed via Instagram that she honored the commission’s invitation upon returning from the UK and was also interrogated on May 5.
Both celebrities have vowed to support efforts to educate Nigerians on the consequences of currency abuse and promote national awareness around proper monetary practices.
“Together, we can promote responsible behaviour and foster a culture of patriotism and integrity,” AY concluded.
