The Central Bank of Nigeria has listed money bouquet as part of the abuse of the Naira.
According to available definition, money bouquet comprise of banknotes arranged in a way similar to flower bouquet.
Instead of the lovely scent of roses, the bouquet offers the smell of freshly printed bills that one can spend on a night out on the town.
Some, in Nigeria, now arrange money inside cake as gift.
It is called Money Cake.
However, according to the CBN on its Twitter handle on Friday, money bouquet is now a part of other forms of Naira abuse.
Others listed as Naira abuse are spraying, selling, squeezing and defacing.
The CBN tweeted: “It is your civic duty to protect the Naira. Report Naira abuse today.”
The CBN Act lists the abuse of the Naira as punishable.
It states in Section 21 (3) of the CBN act 2007 (as amended): “Spraying of, dancing or matching on the naira or any note issued by the bank during social occasions or otherwise howsoever shall constitute an abuse and defacing of the naira or such note and shall be punishable under the law by fines or imprisonment or both.”
Section 21 (4) states: “It shall also be an offence punishable under sub-section (1) of this section for any person to hawk, sell or otherwise trade in the naira notes, coins or any other note issued by the bank.”