The son of the Director-General of the Department of State Services (DSS), Yusuf Bichi, has been captured in a viral video spraying bundles of naira notes on a popular actress and Senator Ned Nwoko’s wife, Regina Daniels. He was seen spraying wraps of the new naira notes on Ms Daniels in the video believed to have been recorded at a nightclub in the country’s capital city, Abuja. The act of spraying, dancing, or marching on the naira or any note issued by the Bank (CBN) during social occasions or otherwise is considered as abuse and defacing of the naira or such note. The apex bank, however, blamed the scarcity on the hoarding of naira notes by some persons due to the challenges they faced during the naira redesign policy of the previous administration of Muhammadu Buhari. According to Ali, the CBN is monitoring the situation and has released sufficient cash to its branches nationwide for onward distribution to Deposit Money Banks.

Source: Punch January 01, 2024 22:32 UTC