Tuesday, March, 24 2026 - Justice F. A. Olubanjo of the Federal High Court sitting in Asaba, Delta State on Wednesday March 19, 2026 convicted and sentenced one Agbanashi Young to jail for spraying and abuse of naira notes.
Young was convicted on a one- count charge for offence
bordering on spraying and matching of naira notes which is contrary to Section
21(3) of the Central Bank of Nigeria Act 2007.
One of the counts reads:
That you Agbanashi Young (m) on or about the 10th of
November, 2023 at Akari Etiti Community in Ndokwa East L.G.A of Delta State
within the jurisdiction of this honourable court while dancing during a
cultural event called "Afor Day" tempered with total sum of
N10,000.00 (Ten Thousand Naira) in the denomination of N200 issued by the
Central Bank of Nigeria by spraying and matching on same and thereby
committed an offence contrary to Section 21(3) of the Central Bank Act 2007 and
punishable under Section 21(1) of the same Act.
The defendant pleaded guilty to the charge when it was read
to him in court. Based on his plea, prosecution counsel, Francis
Jirbo prayed the court to convict and sentence him accordingly. However,
the defence counsel prayed the court to temper justice with mercy and that the
defendant has become remorseful for his action.
Justice Olubanjo convicted and sentenced Young to six months
imprisonment or a fine of N500,000 (Five Hundred Thousand Naira) The defendant
is to undertake in writing to be of good behaviour going forward.
Young’s road to the Correctional centre began following
his arrest by operatives of the Commission for spraying and abusing naira notes
at an event. He was charged to court and convicted.
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