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N50K fine, jail for spraying Naira at parties
News & Trends •
reported by the nation2 mobile courts are now to summarily try those bastardising the national currency the naira the bankers committee said on thursday1 the committee said those who spray naira notes at parties risk going to jail for six months or earning a fine of n50000 after trial by mobile courts that would be deployed nationwide1 cantral bank of nigeria cbn spokesman isaac okorafor said the police and the ministry of justice would be involved in the operation adding1 if a celebrant is dancing and you spray himher you may go to jail from the party venue because the law enforcement agents will be there waiting to arrest you1 it is the duty of law enforcement agencies to catch offenders and take them to court. our collaboration with the police will intensify as we move to implement the mobile court for offenders1 admonishing nigerians on how to use cash as gift okorafor said if you want to give put the money in an envelop and give it the celebrant. lets know that anybody hawking and writing on the naira will face six months in jail or n50000 or both1 managing director of first securities discount house fsdh merchant bank mrs. handa ambah said people selling naira notes would be punished1 she said we need to let them know that this is money. the fact that you cannot spray money at parties does not mean that you cannot put money in an envelope and pass it to the celebrants1 -
PDP Akwa Ibom hit by another major defection
News & Trends •
reported by the nation2 the peoples democratic party pdp in akwa ibom state has been hit with another defection as the partys leader in ika local government area dr francis udoikpong joined the all progressives congress1 dr udoikpong a pdp state caucus member and former commissioner for health defected with about 5000 others including sir godwin idungafa a former ika local government vice chairman mr harry eduo a former ika local government secretary and councillor and uyo udom a lawyer and politician1 the defection of the pdp leader happened barely a month after deputy inspector-general of police udom ekpoudom rtd and obong otu robert akpan his counterparts in etim ekpo and ini local governments joined the apc with senator godswill akpabio former senate minority leader1 dr udoikpong also a former chairman of ika local government and past chairman of the state agency for the control of aids saca said they were leaving the pdp because the udom emmanuel administration had neglected ika a boundary local government with abia state1 he condemned inclusion of their names in emmanuel campaign organisation without their consent and demanded their names be removed1 mr ini okopido state chairman of apc who received the defectors noted that with their coming ika is now apc1 mr okopido himself an indigene of ika assured them of accommodation and equal rights as old members in the apc1 gabriel toby member for ikaetim ekpo state constituency who joined the apc recently told the crowd that with major ika political gladiators in one camp apc would sweep the 2019 elections in the area1 among apc chieftains that witnessed the defection were sir ernest ukpong and akanimo edet former house of assembly members and chief edem obot the adaha ika1