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Nigeria: Naira Abuse - EFCC Bows to Pressure, Vows to Probe Tompolo

  • The EFCC vowed to investigate former Niger Delta militant leader Tompolo after a viral video surfaced showing naira abuse during his April birthday celebration.
  • The video featured Tompolo celebrating by dancing as N1,000 bills were thrown around him, leading Nigerians to urge the EFCC to intervene and accusing the agency of inconsistent enforcement.
  • Under Section 21 of the 2007 Central Bank of Nigeria Act, naira abuse, including spraying or stepping on notes, is a criminal offense punishable by imprisonment and fines.
  • The EFCC has prosecuted public figures like Bobrisky and Cubana Chief Priest for similar offenses, and it confirmed on social media that "Tompolo will have questions to answer".
  • The EFCC’s pledge to hold Tompolo accountable reflects intensified efforts against naira abuse amid public scrutiny over perceived inconsistent law enforcement.
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Legit.ng - Nigeria news. broke the news in Ikeja, Nigeria on Sunday, May 11, 2025.
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