ENUGU, Nigeria (VOICE OF NAIJA)- Abba Bichi, son of the State Security Service (SSS) director-general, Yusuf Bichi,has come under attack after a video surfaces of him showering bundles of new naira notes on actress Regina Daniels.
The act, recorded at an Abuja nightclub, violates the Central Bank of Nigeria’s policy against the spraying of naira notes.
Despite public criticism for his display of wealth on social media, especially on Instagram, Bichi continues to draw attention, raising concerns given his father’s position.
The CBN Act 2007, section 21, sub-section 3 and 4, said: “For the avoidance of doubt, spraying of, dancing or marching on the naira or any noteissued by the Bank (CBN) during social occasions or otherwise howsoever, shall constitute abuse and defacing of the naira or such note and shall be punishable under sub-section (1) of this section.”
The incident adds to complaints about the scarcity of naira notes, exacerbating the economic challenges faced by Nigerians.
The latest comes amid complaints by some bank customers about the scarcity of naira notes at the counters, Automated Teller Machines (ATMs), Points of Sale (PoS), and Bureaux de Change (BDCs). Some Deposit Money Bank officials also claimed they were not getting an adequate supply of cash from the CBN during the festive period.
However, the apex bank claimed there was an adequate supply of the currency.
The scarcity of naira notes further compounds the suffering of Nigerians, who have since grappled with the effect of President Bola Tinubu’s economic policies.
This was evident in a video of Lagos Island residents shouting “We’re hungry” in the Yoruba language as the president’s convoy passed last Friday.
The video was captured in amateur footage, with multiple SUVS, including security vans, speeding ahead and behind Mr Tinubu’s official car as onlookers shouted in angry reaction to the economic hardship.