We can not emphasize enough that the act of spraying money on the floor, the so-called money rain is wrong, crude, embarrassing, disgusting, and generally disrespectful to Nigeria as a country.
People engage in the act of spraying money at Nightclubs, parties, events, even in churches on daily bases as a form of entertainment or showing off or showing love to the celebrant of the party but the worst of this is the act of Yahoo boys (internet fraudsters) spraying money on the streets or in the market places for passersby to be picking up. It has no justification from any point of view.
I can not reasonably phantom their motives for engaging in this kind of crude, disrespectful, embarrassing, and dastard act but whatever are their reasons for engaging in it is, it only points to the fact that they (the internet fraudsters) are just teenagers who just got hold of money that they don’t deserve and they got drunk by it thereby trying to make a public display out of it. If they claim that they want to show love back to the street (this is one of their baseless arguments defending this act), there are civil ways they can go about it like giving money to the individuals who are interested one by one, this will be much more appreciated and won’t turn the public place into chaos or cause stampede.
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Throwing money at marketplaces and crowded streets causes stampede, people who scramble to pick up the money end up getting injured and some of the money ends up getting blown away by air.
In as much as there are a lot of moral grounds why no one should engage in this act of money rain, there are also laws prohibiting the act thereby making it a criminal offense and offenders risk jail term.
If you are a fraudster and you engage in this act of money rain, you are only exposing yourself to be marked for investigation by law enforcement agencies who will stop at nothing to make sure you are apprehended and you face the law.
You are also disrupting public peace and serenity of the environment and you will be held responsible for any damage, loss of lives, or injuries caused by the chaos or stampede caused by your act of spraying money into the air.
Most importantly, the act of spraying money is not just a criminal offense but it is a huge disrespect and slap to the national currency which is our national symbol of identity and unity.
This act of “money rain” is by Section 21 of the CBN act (2007) criminalized and it is punishable with 6 months imprisonment or a fine of N50,000 or both the jail term and the fine.
Citizens of Nigeria both Yahoo boys and others should desist from this act. It is crude and disgusting. Spraying money in nightclubs, parties, events, or in church only shows a lack of discipline and respect for Nigeria’s symbol of identity and national unity.