For much of last week, culminating in the weekend, the internet was awash with news and pictures from the burial ceremony of the septuagenarian mother of popular Nigerian businessman and socialite, Obi Iyiegbu, a.k.a Obi Cubana.
The burial, which was attended by hordes of Nigerian celebrities from the business and entertainment space lit up the small, otherwise quiet town of Oba in Anambra state in what can only be described as a carnival that lasted for several days.
Obi Cubana and his rich friends put up a formidable jamboree, drawing crowds of people with no nose masks and no apparent care for either the Covid-19 pandemic or the government’s health protocols put in place to check the spread of the virus.
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The boisterous celebration which saw notable artists like D’banj and Davido in performance will also be remembered for the wads of naira notes lavishly thrown around at the event. Videos abound online of guests wantonly spraying N200, N500 and N1000 notes at the chief mourner.
Recall that in 2018, the CBN issued a warning to Nigerians against spraying money at parties, insisting that those who flout this warning were at risk of a six-month jail term or a fine of N50,000. A statement by CBN’s spokesperson, Isaac Okorafor read:
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“If a celebrant is dancing and you spray him/her, you may go to jail from the party venue, because the law enforcement agents will be there, waiting to arrest you.
The law enforcement agencies must catch offenders and take them to court. Our (CBN) collaboration with the police will intensify as we move to implement the mobile court for offenders.”
The spokesman added that the CBN had concluded the decision to establish mobile courts to prosecute those abusing the naira notes, noting that security agencies particularly the police operatives and officials of the Ministry of Justice would be involved in monitoring the use of the naira at event venues to ensure that the CBN order is enforced nationwide.
READ: CBN has begun clamping down on naira abusers
In June this year, the CBN reiterated this warning during a sensitization program in Abeokuta, where an Assistant Director at the Currency Operations Department, Aladeen Badajo stated:
“Abuse of the currency attracts a penalty of not less than six months or a fine of not less than N50,000 or both.”
Rather interesting, is the fact that the burial ceremony of the mother of the Cubana Group boss was replete with the police officers and other security operatives, including a well-known Deputy Commissioner of Police and leader of the Inspector-General of Police’s Intelligence Response Team, Abba Kyari, who stated that he attended the burial to honour a good friend.
The heavy police presence notwithstanding, nothing has been said of a possible arrest of guests, either for flouting COVID-19 directives or for blatantly disregarding the CBN’s jail threats for abuse of the naira.
This is not the first, second, third or even tenth time that these policies are being openly disregarded with no apparent consequences from regulatory authorities. Politicians and members of the bourgeois class do it all the time with their high society weddings and funerals. Are Nigerian elites above the law? Better still, if these policies are not to be backed by enforcement, is there really any point in making them in the first instance?
What’s Ur point then…?
And why are you resuscitating it now…?
Jelousy ? why not pray for God’s blessing instead of envying him
You’re foolish and among the reason why our country does not seem to have a future
You should know by the now that the law only applies to regular folk and not the political elites.
(Yawn)…..neeext
This CBN law is very lose and unenforceable. Nothing but a toothless dog law.
Abeg rest
Was Obi Cubana the one spraying the money? Why disturbing the $ billionaire
The money spreading policies and most of the other policies in Nigeria are for the poor… Lols.
This law its shit,the main problem to this society they wouldn’t see them to arrest…abeg make them leave those talk..
Money is good
Lol even if cbn comes after them 50k is chicken change
We are still reading the news. It’s not a new one ???
Such law is for the weaker ones in this our society. It suppose to be what is good for this should be good for others. Don’t be surprised if you hear tomorrow that one ordinary man is arrested and arraigned before court for flaunting CBN policy on spraying Naira notes in a party.
You will not make law that will better the life of the citizens. Is CBN not seeing the incessant hike of prices of goods in the country? Why not make law that will regulate prices of goods and services. CBN policy my foot.
CBN will not make law that will better the life of the citizens. Is CBN not seeing the incessant hike of prices of goods in the country? Why not make law that will regulate prices of goods and services. CBN policy my foot.
May your days be long and fruitful with this comment. I am so happy right now. Let them go and collect their #50,00 now.
So I quote “Rather interesting, is the fact that the burial ceremony of the mother of the Cubana Group boss was replete with the police officers and other security operatives, including a well-known Deputy Commissioner of Police and leader of the Inspector-General of Police’s Intelligence Response Team, Abba Kyari, who stated that he attended the burial to honour a good friend”
What more can we say? Policy my foot.
Sometimes eh, i wonder the kinda people wey dey write this things. I refuse to be poor
Arrant rubbish
Oga go and make money
Who ask you? ??
I was actually expecting this sermon…Next Topic Please
Drink water and stop talking crap
Money is good
This country shaa, shey the CP of Anambra state was there and lots of Police officials and even governors and senators were there. None of them did anything about it oo, what’s the point of this sef..
Which of their policies have translated to food for the masses, Nigerians are hungry
Money is good I refuse to be poor
Obi cubana nye mu ego ooooooooo ?
Lol.. 50k… U dey whine obi Cubana ni… he’ll add two more zeros for u if u want
Nigeria has more pressing problems!
Some of them were they picking the ego. Check their shoes under.
This is Nigeria
I regret been a Nigerian. Worst country ever
There is God oooo
Like
??????
What goes around comes around.
God would help our dear nation
Nonsense CBN what is your problem go and tell obi Cubana and see if he will help you ofcos I know he will his man of honor
50k really??
You dey threaten Billionaires with 50k?
They will do it over and over again
Help me too
we are Nigerian. T our culture. Nothing can stop us. Useless policies.
Cubana law
Jealous folks, sit there and don’t go and make money. CBN policy my foot!!
You are so bitter, get a life!!
Jealous folks. Sit down there and don’t go and make money. CBN policy my foot!!!
Instead of helping the jobless youth, he was busy lavishing money on the dead body that would be buried in soil. That is the highest foolishness of some of the man kind.
This post is as useless as the writer.
Nah jealousy dey worry all of una.
Is money more dan life?Abeg make cbn stop dat nonsence
Indirect way of beging obi cubana is this one by cbn
Hungry cbn that doesn’t want any good you think stopping Crypto will stop men from eating money una never see anything