Davido Shuns Cash Spraying, Throws Money into Box at Event: Netizens React

• Nigerian music star Davido Shuns Cash Spraying, Throws Money into Box at Event: Netizens React. Reactions from netizens are divided, with some praising Davido’s responsible behavior and others criticizing him.
• The legality of cash spraying in Nigeria is a subject of debate, with the law appearing to be silent on the use of foreign currency.
• The debate has raised questions about the broader issue of currency abuse in Nigeria and the need for clearer regulations and enforcement.

Newsypeople – Davido, the popular Nigerian singer, has once again found himself at the center of a controversy surrounding the use of cash at social events.

At a recent event, Davido was seen throwing bundles of cash into a money box instead of the traditional “cash spraying” that is often associated with Nigerian celebrities.

Key Details

Davido’s Cash Handling Sparks Debate

The incident occurred at an event where Davido was in attendance. Instead of the usual practice of spraying cash on guests, Davido opted to throw the money into a money box.

This move has sparked a heated debate among Nigerian netizens, with some praising Davido for his responsible behavior and others criticizing him for not adhering to the cultural norms of cash spraying.

Reactions from Netizens

The reactions from netizens have been diverse, with some praising Davido for his actions and others criticizing him. Some have argued that Davido’s behavior is a sign of maturity and responsibility, as he is setting a good example for others to follow. Others, however, have criticized Davido for not adhering to the cultural norms of cash spraying, which is often seen as a display of wealth and generosity.

One netizen, @IamHIM_, commented, “Just keep quiet abeg. Dollar wasn’t used for financial transaction. It was sprayed. Mention any part of the constitution or EFCC Act which is against it.”

Another, @greatnwanneo, said, “The law is not for everyone. Some people are above the law. Try it and see people right there at the event will call EFCC to arrest people.”

Legality of Cash Spraying in Nigeria

The legality of cash spraying in Nigeria has been a subject of debate for some time. According to the Nigerian law, specifically the CBN Act of 2007, spraying of, dancing on or marching on the naira or any other note issued by CBN during social occasions or otherwise is an offence/abuse punishable by a fine of N50,000, six months in prison or both.

However, the law appears to be silent on the spraying of foreign currency at social events. Some netizens have argued that Davido and his wife, Chioma, may have “outsmarted the financial institution” by using dollars instead of the Nigerian naira.

Potential Implications

The debate surrounding Davido’s cash handling has raised questions about the broader issue of currency abuse in Nigeria. The recent arrests of individuals like Obi Cubana’s Chief Priest and Bobrisky by the Economic and Financial Crimes Commission (EFCC) for naira abuse have heightened the scrutiny on such practices.

While Davido’s actions may not have violated the letter of the law, they have sparked a discussion about the need for clearer regulations and enforcement when it comes to the handling of cash, both domestic and foreign, at social events in Nigeria.

FAQs

Q: Is it illegal to spray cash at events in Nigeria?

A: According to the Nigerian law, specifically the CBN Act of 2007, spraying of, dancing on or marching on the naira or any other note issued by CBN during social occasions or otherwise is an offence/abuse punishable by a fine of N50,000, six months in prison or both. However, the law appears to be silent on the use of foreign currency, such as the US dollar, at social events.

Q: Why did Davido choose to throw cash into a box instead of spraying it?

A: Davido’s decision to throw cash into a box instead of spraying it has sparked a debate among Nigerian netizens. Some have praised Davido for his responsible behavior, while others have criticized him for not adhering to the cultural norms of cash spraying. It’s unclear if Davido’s actions were motivated by legal concerns or a personal decision to handle cash differently.

Q: What are the potential implications of Davido’s cash handling?

A: Davido’s actions have raised questions about the broader issue of currency abuse in Nigeria. The recent arrests of individuals like Obi Cubana’s Chief Priest and Bobrisky by the Economic and Financial Crimes Commission (EFCC) for naira abuse have heightened the scrutiny on such practices.

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